Nwanne, T.F.I and Nwambeke, G. C. (2012) THE IMPACT OF FINANCIAL DEEPENING ON ECONOMIC GROWTH IN NIGERIA (1986 - 2009). International Journal of Research and Sustainable Development, 4 (2). pp. 176-193. ISSN 2276 - 6111
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The Impact of Financial Deepening on Economic Growth in Nigeria (1986-2009).pdf Download (11MB) |
Abstract
The aim of this study is to ascertain the influence of financial deepening on economic growth and to examine the causal relationship between economic growth and financial development in Nigeria. The study used Quantitative research design and applied time series econometrics technique and ordinary least square regression model to estimate the relationship between financial deepening and economic growth, while controlling for other variables specified in the model. The study found that financial development over the years impacted significantly on economic growth in Nigeria; the growth of the financial depth is significant to economic growth even though it is relatively low over the years, and that economic growth causes financial development in Nigeria.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) L Education > L Education (General) |
| Divisions: | Faculty of Management and Social Sciences |
| Depositing User: | GOUNI ICT |
| Date Deposited: | 18 May 2018 12:41 |
| Last Modified: | 18 Jun 2019 14:02 |
| URI: | http://eprints.gouni.edu.ng/id/eprint/118 |
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