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An Analysis of the Finance Growth Nexus in Nigeria
This study empirically examines the relationship between financial development and economic growth in Nigeria. It employs statistical techniques such as the Autoregressive Distributed Lag approach as well as a short and long run Granger Causality test on time series data spanning from 1960-2016. Emp...
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| Other Authors: | |
| Format: | Thesis |
| Language: | English |
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School of Economics
2021
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| _version_ | 1867613592385224704 |
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| access_status_str | Open Access |
| author | Chetty, Roheen |
| author2 | Nikolaidou, Eftychia |
| author_browse | Chetty, Roheen Nikolaidou, Eftychia |
| author_facet | Nikolaidou, Eftychia Chetty, Roheen |
| author_sort | Chetty, Roheen |
| collection | Thesis |
| description | This study empirically examines the relationship between financial development and economic growth in Nigeria. It employs statistical techniques such as the Autoregressive Distributed Lag approach as well as a short and long run Granger Causality test on time series data spanning from 1960-2016. Empirical results reveal that the financial development indicators have a long run relationship with economic growth in Nigeria and the existence of unidirectional and bidirectional Granger causality was also discovered. This study recommends that policy should be geared towards promoting financial development in the country as well as encouraging more financial depth and openness – in order to foster economic growth in Nigeria. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/33430 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:38:36.029Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2021 |
| publishDateRange | 2021 |
| publishDateSort | 2021 |
| publisher | School of Economics |
| publisherStr | School of Economics |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/33430 An Analysis of the Finance Growth Nexus in Nigeria Chetty, Roheen Nikolaidou, Eftychia finance growth nexus financial development economic growth Autoregressive Distributed Lag approach Granger Causality This study empirically examines the relationship between financial development and economic growth in Nigeria. It employs statistical techniques such as the Autoregressive Distributed Lag approach as well as a short and long run Granger Causality test on time series data spanning from 1960-2016. Empirical results reveal that the financial development indicators have a long run relationship with economic growth in Nigeria and the existence of unidirectional and bidirectional Granger causality was also discovered. This study recommends that policy should be geared towards promoting financial development in the country as well as encouraging more financial depth and openness – in order to foster economic growth in Nigeria. 2021-07-07T10:19:51Z 2021-07-07T10:19:51Z 2021 2021-07-07T08:56:13Z Master Thesis Masters MCom http://hdl.handle.net/11427/33430 eng application/pdf School of Economics Faculty of Commerce |
| spellingShingle | finance growth nexus financial development economic growth Autoregressive Distributed Lag approach Granger Causality Chetty, Roheen An Analysis of the Finance Growth Nexus in Nigeria |
| thesis_degree_str | Master's |
| title | An Analysis of the Finance Growth Nexus in Nigeria |
| title_full | An Analysis of the Finance Growth Nexus in Nigeria |
| title_fullStr | An Analysis of the Finance Growth Nexus in Nigeria |
| title_full_unstemmed | An Analysis of the Finance Growth Nexus in Nigeria |
| title_short | An Analysis of the Finance Growth Nexus in Nigeria |
| title_sort | analysis of the finance growth nexus in nigeria |
| topic | finance growth nexus financial development economic growth Autoregressive Distributed Lag approach Granger Causality |
| url | http://hdl.handle.net/11427/33430 |
| work_keys_str_mv | AT chettyroheen ananalysisofthefinancegrowthnexusinnigeria AT chettyroheen analysisofthefinancegrowthnexusinnigeria |