Impact of Budget Deficit Financing on Economic Stability in Nigeria

Nwanne, T.F.I (2014) Impact of Budget Deficit Financing on Economic Stability in Nigeria. European Journal of Accounting, Auditing and Finance Research, 2 (8). pp. 122-135. ISSN 2053-4094

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Abstract

Nigeria has been financing budget deficit overtime but their implications on economic stability have not been fully ascertained. This study sought to investigate the implications of budget deficit financing on economic stability in Nigeria between 1970 to 2013. The study adopted regression analysis. The study revealed that External Source of Deficit Financing (EXF), Non-banking Public Source of Deficit Financing (NBPF) and exchange rate has significant and positive implications on economic stability proxy for Gross Domestic Product (GDP), while Ways and Means Source of Deficit Financing (WM), Banking System Source of Deficit Financing (BSF) and Interest Rate (INTR) has negative implications on economic stability 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 11:18
Last Modified: 18 Jun 2019 15:28
URI: http://eprints.gouni.edu.ng/id/eprint/99

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