IMPACT OF FINANCIAL DEEPENING IN NIGERIA

NWAFOR, Michael C and YOMI, Aremu Israel (2018) IMPACT OF FINANCIAL DEEPENING IN NIGERIA. International Journal of Science and Research, 6 (11). pp. 1156-1161. ISSN 2319-7064

[img] Text
ART20178118.pdf

Download (198kB)

Abstract

This research work focused on the economic impact of financial deepening in Nigeria. Obtained data spanning from 1997 to 2016 was presented and analyzed in a line chart and with Two-staged Least Squares Regression method respectively. After subjecting the hypothesis under testing, result showed that financial deepening has significant impact on economic growth. Observations from data presentation also revealed that financial deepening has been increasing marginally. It was recommended that the tightened access to credit facilities in the country should be loosened up so as to ensure increased financial deepening. Keywords: Financial Deepening; Financial System; Economic Growth

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: 06 Jun 2018 04:48
Last Modified: 06 Jun 2018 04:48
URI: http://eprints.gouni.edu.ng/id/eprint/229

Actions (login required)

View Item View Item