Financial reforms and industrialisation : evidence from Nigeria

Oludele E. Folarin

Nigeria adopted the Structural Adjustment Programme (SAP) in 1986 after the crash in world oil price in the early 1980s. Financial reforms are part of the reforms implemented during the SAP. Since, industrialisation is seen as an engine of growth, we conduct an empirical assessment of the effects of financial sector reforms on industrialisation in Nigeria using an annual time series data over 1981 - 2015. Using an autoregressive distributed lag (ARDL) model, our findings show that financial reforms have a positive and significant impact on industrialisation.

MoreLess

Year of publication:	[2019]
Authors:	Folarin, Oludele E.
Publisher:	[Yaoundé] : African Governance and Development Institute
Subject:	Financial reforms \| Financial repression \| Industrialisation \| ARDL bounds test \| Nigeria \| Industrialisierung \| Industrialization \| Finanzmarktregulierung \| Financial market regulation \| Bankenregulierung \| Bank regulation \| Finanzmarkt \| Financial market \| Finanzsektor \| Financial sector \| Geldpolitik \| Monetary policy \| Finanzreform \| Fiscal reform \| Industriepolitik \| Industrial policy

freely available

Full text |

More access options

ideas.repec.org

www.afridev.org

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (circa 33 Seiten) Illustrationen
Series:	AGDI working paper. - [Yaoundé] : [Verlag nicht ermittelbar], ZDB-ID 2832636-2. - Vol. WP/19, 014
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/204945 [Handle]
Classification:	C32 - Time-Series Models ; E44 - Financial Markets and the Macroeconomy ; O14 - Industrialization; Manufacturing and Service Industries; Choice of Technology ; O55 - Africa
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011997629