Home»Banking and Finance» The impact of financial market reforms on investment and economic development in Nigeria

The impact of financial market reforms on investment and economic development in Nigeria

 Department:Banking and Finance  
 By:usericon samadchuks  

 Project ID: 5448
 Rating:  (5.0) votes: 1
   Price:₦3000
Abstract
This study empirically examines the relationship between financial intermediary development and economic growth in Nigeria over the period 2000 - 2015 using the auto-regressive distributed lag (ARDL) approach to co-integration analysis. The results show that the relationship between financial development and economic growth in Nigeria is not significantly different from what has been observed generally in oil-dependent economies. The relationship between financial intermediary development and economic growth in Nigeria is found to be insignificantly negative in the long-run and significantly negative in the short-run. The results highlight the dominant role of the oil sector in economic activities in Nigeria. ...
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