The impact of stock market performance on the economy of nigeria articles on this site are extracts from literature review of research projects, get the full project the capital market, as a strong avenue for wealth creation, plays a key role in economic growth and development. System and stock market development) positively influenced economic growth in nigeria that causality runs from finance to growth in the finance-growth nexus we therefore recommend that the ongoing reforms in the banking. Stock market development: its impact on the economic growth in nigeria in examining the relationship between stock market development and economic growth, it is important that we throw light on some key concepts that will enhance a better understanding of the study. Hongbin (2007) study concluded that there exists a two-way causality between china's stock market development and economic growth, that is, economic growth can not only promote the development of the stock market, but also the stock market development similarly pushes economic growth.
Study examines whether stock market promotes economic growth in nigeria to achieve this objective, ordinary least squares regression (ols) was employed using the data from 1980 to 2000. Published: mon, 5 dec 2016 agriculture is an important sector in the developing world it contributes to economic growth and development as well as a major employer to majority of the people of sub-saharan africa including nigeria, especially those in the rural areas. economic growth economic growth is the percentage increase in real national output in a given time period or the increase in the productive potential of the economy countries grwo at different rates, this is partly due to the fact that they are at different stages of their economic cycle. Economic growth, the growth of the capital market in nigeria is still very small in relation to the size of the economy cbn (2007) has it that a comparative analysis of equity market.
Find essays and research papers on economic growth at myauditioninfo stock market, economic growth, nigeria 1 school of economics economic development and. 4% growth in africa not sufficient to meet sustainable development, employ a rapidly growing workforce—imf maurice obstfeld, economic counsellor and director of the research department imf had an interactive session with the media in bali to further. A developed financial system is essential in a market economy this paper studies the importance of the development of financial markets in general, and the stock market in particular, from the review of existing literature in the area of the relationship between financial development and economic growth, and especially, the link between the stock market and economic growth. An analysis of the impact of stock market development on economic growth in nigeria, accounting project topic, stock market development an analysis of the impact. The interrelationship between economic growth and stock market economics essay the interrelationship between financial development and economic growth has been a subject of extensive study following the seminal work of schumpeter (1911) in which he discussed the importance of financial sector development in promoting economic growth.
Put differently, it is the arrangement or mechanism by which the savings surplus units of the economy transfer their resources to the borrowing deficit units for the purpose of enhancing economic growth (okereke â€ onyiuke, 2009)â the financial system is made up of two major marketsâ these are the money market and the capital market. Determinants of stock market development in emerging market countries the results also show that political risk, law and order, and bureaucratic quality are important determinants of stock. Abstract: the need to critically analyze the efficiency of capital market on the nigerian economy for the period between 1979 and 2008 as a reference point for developing economies is the bedrock of this work. Abstract- the paper examined the role of stock market on nigeria's economic development from 1980 to 2010 which cover the market performance and economic growth in nigeria. Stock markets achieves its objective in enhancing the economic growth of the country, this chapter proposes a simple plausible framework for studying some elements of growth that relate to the main aspects of the functions of financial markets.
[a] department of economics, university of calabar, calabar, nigeria corresponding author received 12 august 2012 accepted 15 october 2012 abstract this study investigates empirically into the acclaimed positive role played by stock markets in driving growth, with evidence from the nigerian stock market. Causal link between stock market performance and economic growth in nigeria the study is significant for policy formulation and implementation by government and other stakeholders of the nigerian stock market. Stock exchange market and economic growth has also been well documented in the economic development literature however, previous empirical studies have produced mixed and.
Financial development, economic growth and stock market volatility: evidence from nigeria and south africa umar bida ndako abstract this thesis focuses on financial development, economic growth and market. Abstract this research empirically examines the relationship between stock market development and economic growth in the context of nigeria the question guiding this study is focused on whether the development of the stock market has had an impact on economic growth in nigeria. The present economic recession faced by nigeria and nigerians have greatly affected the stock market growth in the economy this constituted a major problem for this study. Nigeria is a middle-income, mixed economy and emerging market, with expanding manufacturing, financial, service, communications, technology and entertainment sectorsit is ranked as the 30th-largest economy in the world in terms of nominal gdp, and the 23rd-largest in terms of purchasing power parity.