Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/147802 
Erscheinungsjahr: 
2016
Quellenangabe: 
[Journal:] Cogent Economics & Finance [ISSN:] 2332-2039 [Volume:] 4 [Issue:] 1 [Publisher:] Taylor & Francis [Place:] Abingdon [Year:] 2016 [Pages:] 1-11
Verlag: 
Taylor & Francis, Abingdon
Zusammenfassung: 
This study empirically examines the independent effects of stock market and banking sector development on economic growth in Nigeria over the period 1981-2014 using the autoregressive distributed lag (ARDL) approach to co-integration analysis. Controlling for the possible effects of crude oil price and trade openness on economic activities in Nigeria, this study found both stock market and banking sector development insignificant in influencing economic growth in Nigeria. In general, the results highlight the weakness of the Nigerian financial sector in stimulating economic growth through resource mobilisation and allocation and the dominant role of the oil sector in economic activities in Nigeria.
Schlagwörter: 
stock market
banks
economic growth
oil price
oil-exporting countries
Nigeria
ARDL
JEL: 
G20
G10
O11
Q32
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Dokumentart: 
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