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Financial reforms, interest rate behaviour and economic growth in Nigeria
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Thông tin tài liệu:
The paper examines the implications of financial reform and interest rate behaviour on economic growth in Nigeria. The cointegration and error correction model were used on time series data from 1970-2006. The results demonstrate that financial reform and interest rates have significant impact on economic growth in Nigeria. The results imply that the behaviour of interest rate is important for economic growth in view of the empirical nexus between interest rates and investment, and investment and growth.
Nội dung trích xuất từ tài liệu:
Financial reforms, interest rate behaviour and economic growth in Nigeria
Nội dung trích xuất từ tài liệu:
Financial reforms, interest rate behaviour and economic growth in Nigeria
Tìm kiếm theo từ khóa liên quan:
Financial reforms Interest rate behaviour Economic growth Errorcorrection model Economic growth in NigeriaTài liệu liên quan:
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