One of the oldest debates in finance has remained the direction of causation between financial development and economic growth.

Stock Market Development and Economic Growth in Nigeria: A Granger Causality Test by Ujunwa Augustine, Benedict Chikeleze :: SSRN

This paper examines the direction of causation between stock market development and economic growth in Nigeria. Simple Granger causality test is specified and estimated, using time serial data covering the period The empirical evidence strongly suggests that a bi-directional relationship exist between stock market development and economic growth in Nigeria. Augustine, Ujunwa and Chikeleze, Benedict, Stock Market Development and Economic Growth in Nigeria: A Granger Causality Test Subscribe to this fee journal for more curated articles on this topic.

Macroeconomic Issues in Developing Economies eJournal. The Impact of Stock Market Performance Indices on Nigeria Economic Growth and Development A Case Study of United Bank for Africa. Cookies are used by this site.

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Does Capital Market Development Spur Economic Growth?: A Look At Africa’s Largest Economy

Ujunwa Augustine affiliation not provided to SSRN Benedict Chikeleze University of Nigeria. Abstract One of the oldest debates in finance has remained the direction of causation between financial development and economic growth.

Ujunwa Augustine Contact Author affiliation not provided dstv bouquet options SSRN email. Benedict Chikeleze University of Nigeria ogui Road Enugu Nsukka, Enugu State Nigeria.

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Stock Market Development and Economic Growth in Nigeria: A Granger Causality Test by Ujunwa Augustine, Benedict Chikeleze :: SSRN

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Macroeconomic Issues in Developing Economies eJournal Subscribe to this fee journal for more curated articles on this topic FOLLOWERS. Economic Growth eJournal Follow. Economic Growth eJournal Subscribe to this fee journal for more curated articles on this topic FOLLOWERS. Recommended Papers The Impact of Stock Market Performance Indices on Nigeria Economic Growth and Development A Case Study of United Bank for Africa By Babatunde Abayomi.

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