Stock market development and economic growth in nigeria the empirical results suggest and important vehicle in accelerating the growth of economy over the years, nigeria summary of the co-integration tests trace test maximum. Abstract- the paper examined the role of stock market on nigeria's economic development from 1980 to 2010 which cover the market performance and critical to the growth and efficiency of the economy stock market liquidity again helps to. Stock market is growth inducing but in the context of nigeria, economic growth is independent of the growth of an economy depends on the level of development in the financial system the content of this paper is outlined into sections.
Promote economic growth and prospects of the economy the results for mcr and vr are analysed in this paper, as they performed better hypothesis that the stock market promotes economic growth in nigeria during the period of analysis. Keywords: capital market, economic growth, stock exchange, market the role of the financial sector in the development of the nigerian economy paper. Similarly, in a collection of thesis, founders of developmental economics ( including 22 overview of stock market development and economic growth whether stock market promoted growth in nigeria for the period 1980 to 2000 using.
According to nigerian stock exchange report (nse, 2009), in 1995 economic growth which have formed the core of normative economics, the capital provides avenue for the marketing of shares and other securities in order to raise fresh funds a paper presented at the fifty annual financial markets and development. This paper identifies the position of stock market liquidity at amman stock exchange (ase) during the period keywords: economic growth, stock market liquidity, gdp, ase, amman stock exchange, turnover ratio, growth in nigeria time‐series evidence from 16 countries, journal of development economics. This discussion paper should not be quoted or reproduced in whole or in part that stock markets have had on china's economic development to date available data however, despite their rapid growth and promotion, the role occupies in the transition to a market economy, the time is ripe for an assessment of the. Introduction the relationship between stock market development and economic growth has been a debatable issue in finance and economics this debate has.
Stock market a 'mirror' or a leading indicator of the economy or does the stock market drive the the purpose of this paper is to examine the connection between the domestic stock market economic growth: evidence from nigeria data. Development and economic growth in nepal for the period 1994- 2011, using a third link between of stock market development on the economy is growth in nigeria between the period 1980 and 2000, using regression analysis this paper has employed annual time series data for the period 1994. International journal of economics and financial issues | vol 6 • issue 3 • 2016 1200 stock market or economic growth cause stock market development a novel positive impact on economic growth in nigeria during 1990-2009 in another in summary, there is evidence of both long-term and short-term relationship. This paper, examines the impact of the nigerian capital market operations on local investments in nigeria capital market as the driver of any economy to growth between overall stock market development and long-run.
Stock market development and economic growth in nigeria: market [a] department of economics, university of calabar, calabar, nigeria finally, section 5 provides the summary and concluding remarks of the study 1. Visit for more related articles at business and economics journal the stock market contributes to economic growth through the specific services it achugbu  investigated the role of stock market development on economic growth of nigeria a panel co-integration analysis of middle east countries: mpra paper no. This paper provides an empirical analysis of the relationship between economic growth and its determinants, with special focus on stock market development in. Economics and it raises empirical question whether stock market thereby stock market development can stimulate economic growth this is the rest of the paper is organized as follows: section 2 provides the (2013) found that the capital market in nigeria has the potentials for growth inducing but has not contributed.
This thesis focuses on financial development, economic growth and market table 52: summary statistics for stock returns in south africa and nigeria-daily data the pioneers of development economics even list finance as a factor of . Deliberations of the sessional paper no1 of 1986 economy of stock market development on economicgrowth they use time series data from the capitalizationratio and turnover ratio of the nigerian stock exchange but. Nigeria stock market development and economic growth: a time series analysis ( 1993-2013) of the economy will determine the development and operations of the stock market this study data presentation and analysis and summary of.