Isibor, Areghan Akhanolu and Ojo, Joshua A. T. and Ikpefan, Ochei Ailemen (2018) Does financial deregulation spur economic development in Nigeria? In: 32nd IBIMA Conference, Seville, Spain.
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Abstract
The problem of low investment caused by mismanagement of the financial deregulation process is a worrisome issue that needs to be addressed. Data spanning 46 years from 1970 to 2016 and which are relevant to variables of study like gross fixed capital formation, etc were gathered from secondary sources and analyzed using the Auto-Regressive Distribution Lag model. The result showed that both financial deregulation and investment growth have a long-term but negative significant impact on economic development. The paper recommends amongst others that the deregulation process needs to be properly sequenced into the financial system.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Subjects: | H Social Sciences > HG Finance |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Management |
| Depositing User: | Dr. Tolulope Adesina (Oladeji) |
| Date Deposited: | 26 Jun 2021 06:16 |
| Last Modified: | 26 Jun 2021 06:16 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/14976 |
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