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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
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
Economic Growth in Nigeria for the period 1970-2005. The econometric methodology employed was the Cointegration and Granger …
Persistent link: https://www.econbiz.de/10013149593
The finance sector is the lifeblood of any economy and its smooth functioning is central to rapid and inclusive economic growth. A well-functioning financial system must intermediate efficiently between savers and borrowers; manage risks prudently; provide a wide variety of financial services to...
Persistent link: https://www.econbiz.de/10011281272