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economic growth in Nigeria. The financial development indicators of the sectors utilised were ratios of net domestic credit …
Persistent link: https://www.econbiz.de/10013406829
The study is carried out to examine the macroeconomic determinants of bank intermediation and to explore its … inflation, investment and trade openness has indeed contributed to bank intermediation and economic growth. This study drew the … conclusion that better bank intermediation has a distinct significant positive impact on intermediation financial development …
Persistent link: https://www.econbiz.de/10012837332
Central Bank (BDCB) and the structure of the financial sector of Brunei Darussalam are presented. Lastly, the paper discusses …
Persistent link: https://www.econbiz.de/10013380870
Joseph A. Schumpeter is one of the most famous economists of the 20th century and the ’patron saint’ of the finance and growth literature. We have discovered that the prevailing literature has, however, misinterpreted Schumpeter, which leads to puzzling empirical results and difficulties in...
Persistent link: https://www.econbiz.de/10013201693
This paper presents empirical evidence on the effect of banks' financial position on credit growth using a sample of 29 OECD countries. The failure of the exogeneity assumption of explanatory variables is addressed using dynamic panel type instruments. The empirical results show that among...
Persistent link: https://www.econbiz.de/10011579142
Persistent link: https://www.econbiz.de/10010212785
that drives the bank-related and stock exchange-based financial sectors in the short run. Stock exchange-based financial … development drives bank-related financial development and savings in both the short run and the long run. While, savings are found …. Further, only bank-related financial development is found to Granger-cause economic growth in Botswana. …
Persistent link: https://www.econbiz.de/10012012444
This paper examines the effect of financial system development on oil-dominant economy of Nigeria using Zivot … study also differs from the usual yet unsatisfactory approach of measuring financial system development in Nigeria to build …
Persistent link: https://www.econbiz.de/10013179543
This paper re-examined the relationship between financial development and economic growth in Nigeria. Unlike existing … studies, we attempted to assess the information content of non-linearities in the finance–growth nexus for Nigeria. We also … financial system reforms. On the basis of the foregoing, broader structural reforms should pervade Nigeria's policy space if the …
Persistent link: https://www.econbiz.de/10012858628
This study investigates the impact of financial stability on economic growth in Nigeria by employingthe Autoregressive … limited to the banking sector and the capital market, which dominate the financial sector in Nigeria. The study contributes to … growth in Nigeria considering that few studies have been carried out in this area. It established a negative relationship …
Persistent link: https://www.econbiz.de/10014083498