Financial Markets Efficiency And Nigeria’s Economic Development

Nwankwo, S.N.P and Agbo, Elias Igwebuike (2020) Financial Markets Efficiency And Nigeria’s Economic Development. Saudi Journal of Economics and Finance, 5 (2). pp. 849-865. ISSN 2523-9414

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Abstract

This study explored the effect of financial market efficiency on Nigeria’s economic development. Annual time series were employed for the period from from1980 to 2018. Using a simple regression model, and financial market depth were used as explanatory variables while gross national income per capita, a proxy for economic development, was the dependent variable. The results show that while financial market efficiency has a significant and positive effect on Nigeria’s economic development, the effect of financial market dept is non-significant and positive.

Item Type: Article
Subjects: H Social Sciences > HG Finance
Divisions: Faculty of Management and Social Sciences
Depositing User: mrs chioma hannah
Date Deposited: 29 Mar 2021 09:16
Last Modified: 29 Mar 2021 09:16
URI: http://eprints.gouni.edu.ng/id/eprint/2989

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