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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
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
This paper examines specifically the impact of banking development on long-run economic growth in Nigeria, using time … were liquid liability divided by GDP, bank total credit to the private sector divided by GDP, foreign direct investment and … public expenditure. The regression result shows that the component of bank absolute size defined by liquid liability divided …
Persistent link: https://www.econbiz.de/10013117224
This paper examined the direction of causality between financial deepening and economic growth in Nigeria for the …-financial deepening nexus in Nigeria follows the supply-leading hypothesis. This means that it is financial deepening that leads to growth …
Persistent link: https://www.econbiz.de/10011613311
This paper contributes to the literature on the finance-growth link by presenting new findings based on a new, larger dataset that improves over earlier studies in its greater coverage in terms of time periods and countries, as well as the incorporation of additional control variables like...
Persistent link: https://www.econbiz.de/10013135441
Does financial development enable growth in developing countries? We find evidence for this in sub-Saharan Africa, a region where there is an urgent need to promote growth. Using a modern time series methodology and data for 22 countries over the period from 1960 to 2009, we find unidirectional...
Persistent link: https://www.econbiz.de/10014171592
Regional economies seek to promote growth through industrialisation and literature suggests that developing the financial system, integrating the financial system within a sound institutional framework can promote industrial output. This study fills the gap by examining the impact of financial...
Persistent link: https://www.econbiz.de/10013461094
financial system, through bank/stock market development, and economic growth volatility in overall/specific country group levels …
Persistent link: https://www.econbiz.de/10012982654
manufacturing output in Nigeria during the period from 1984 to 2016. To achieve this objective, autoregressive distributed lag …
Persistent link: https://www.econbiz.de/10012893110
This paper seeks to add to the current debate about financial development and growth in the emerging world by looking at how different financial systems evolve: how and why financial structures change during various stages of development, how best to measure them, and seeing what practical...
Persistent link: https://www.econbiz.de/10008907303