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Social and Behavioral Sciences Commons

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Growth and Development

Economic and Financial Review

2014

Nigeria

Articles 1 - 3 of 3

Full-Text Articles in Social and Behavioral Sciences

An Overview And Dynamics Of Financial Market Development In Nigeria And Imperatives For Exchange Rate Stability, E.U. Ukeje Dec 2014

An Overview And Dynamics Of Financial Market Development In Nigeria And Imperatives For Exchange Rate Stability, E.U. Ukeje

Economic and Financial Review

The article discusses the important role money market plays in the economic development of any country which provides the platform for central banks to influence short-term interest rates,


Exchange Rate Policy And Economic Management: A Theoretical Nexus, Ayodele Jimoh Nov 2014

Exchange Rate Policy And Economic Management: A Theoretical Nexus, Ayodele Jimoh

Economic and Financial Review

This article focused on exchange rate policy and economic management: a theoretical nexus


An Autoregressive Distributed Lag (Ardl) Approach To The Oil Consumption And Growth Nexus: Nigerian Evidence, N. Inuwa, H. M. Usman Jun 2014

An Autoregressive Distributed Lag (Ardl) Approach To The Oil Consumption And Growth Nexus: Nigerian Evidence, N. Inuwa, H. M. Usman

Economic and Financial Review

This study attempts to examine the relationship between oil consumption, carbon emission and economic growth in Nigeria covering the period 1980-2011. The study applied Dickey-Fuller Generalised Least Square (DF-GLS) unit root test and autoregressive distributed lag (ARDL) bound test approach to co-integration. The bond test results reveals a long-run equilibrium relationship among oil consumption, carbon emission and economic growth. The result also showed a positive and statistically significant impact of oil consumption on economic growth. The coefficient of error correction term in the ARDL model was statistically significant, indicating that the adjustment process by which long-run equilibrium is restored after …