The impact of stock market performance on the growth of some selected anglophone and francophone countries of west african Department:Economics By: muhalhq Project ID: 8224 Rating: (5.0) votes: 1 Price:₦5000 Get the Complete MaterialAbstractThis study examines the relationship between stock market performance and economic growth across selected West African countries, specifically focusing on both Anglophone (Nigeria and Ghana) and Francophone (Côte d'Ivoire and Cape Verde) nations. The principal aim is to assess how market capitalization and stock value traded ratios impact economic growth, using a Panel ARDL model with data spanning from 1984 to 2023. The significance of this study lies in its potential to inform economic policy and investment strategies in these regions. The literature review highlights that while existing studies emphasize the general benefits of stock markets on economic growth, specific regional analyses remain sparse. Theoretical frameworks underpinning this research include the Capital Market Theory and Economic Growth Theory, which suggest that efficient capital markets enhance economic performance. The research design incorporates a quantitative approach, utilizing a Panel ARDL model to analyze long-run and short-run relationships. A total sample size was determined using Taro Yamane’s formula, focusing on the population of listed companies in the selected countries. Data collection involved secondary sources from financial reports and economic databases, with statistical analysis performed to determine the impact of stock market indicators on economic growth. Findings reveal that in Anglophone countries, the Market Capitalization Ratio to GDP (MKTCR) and Stock Value Traded Ratio to GDP (SVTR) have long-run coefficients of 0.63 and 0.79, respectively, while Francophone countries show coefficients of 0.49 and 0.70. Short-run impacts also reflect positive trends, though with some negative adjustments. The study concludes that stock market performance positively influences economic growth, particularly in Anglophone countries, and recommends further research into sector-specific impacts and external factors influencing these dynamics....Preview Download Preview +Other Economics project topics and materials you might be interested in»The impact of industrialization on Nigeria's economic development»The impact of minimum wage fluctuation on growth of Nigerian economy»Population growth and economic development in Nigeria (1981-2011)»The impact of population growth on the Nigerian economy (1980-2010)»The impact of petroleum subsidy on the consumption of petroleum products in Nigeria»The impact of small and medium scale industries on the economic growth of Nigeria (1986 – 2010)»The impact of industrial output on the economy of Nigeria (1980-2010)»The growth of Nigerian economy and unemployment (1980-2010)»The effect of external debt on economic growth of Nigeria»Impact of government expenditure on Nigerian economic growth (1981 – 2010)»Poverty and the Nigerian economy»An assessment on the impact of industrialization on economic growth in Nigeria»The impact of external debt on Nigeria economy (1985-2011)»Inequality and taxation in Nigeria (1980-2010)»The impact of bank lending on the growth of small and medium business in Osun State