THE ROLE OF STOCK MARKET IN THE GROWTH OF THE NIGERIAN ECONOMY
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
Abstract
This study investigates the short run effect, long run effect and causal relationship between stock market and economic growth in Nigeria. The Augmented Dickey Fuller unit root test, Ordinary Least Squares, Johansen Co- integration test and Pairwise granger causality methods were applied to the variables. The OLS result showed that the all share index had a significant but negative relationship with economic growth; The Johansen co- integration test showed that a long run relationship exists between the stock market performance and economic growth in Nigeria in the long run while the Granger causality test results showed that stock market performance does not granger cause economic growth but economic growth granger causes stock market performance at 5 percent significance level. The study suggested some of the possible reasons for the negative impact of stock market on the Nigerian economic growth and recommended that efforts should be made to improve the stock market performance to have a positive effect on the real gross domestic product of Nigeria overtime.
Related Project Materials
THE EFFECT OF STRATEGIC COMMUNICATION AND PUBLIC RELATIONS IN MANAGEMENT OF HOTELS
ABSTRACT
This research study is an effort in line with the...
AN ASSESSMENT OF POLITICAL ADVERTISING ON ELECTORATES IN THE 2015 PRESIDENTIAL ELECTION
Abstract
World over, political aspirants adopt the use of diverse campaign strategies such as political...
CAUSES AND EFFECTS OF MALNUTRITION IN CHILDREN IN OVIA NORTH EAST LOCAL GOVERNMENT AREA OF EDO STATE
ABSTRACT
The study investigated the causes and effects of malnutrition in children in Ovia North East L...
INFLUENCE OF SOCIO ECONOMIC BACKGROUND ON SECONDARY SCHOOL STUDENT PERCEPTION OF THEIR SCHOOL LEARNING ENVIRONMENT
EXCERPT FROM THE STUDY
Despite the fact that the development of any nation depends largely on the quality of education o...
AN EVALUATION OF BUILDING FAILURE AND COLLAPSE IN NIGERIA
BACKGROUND TO THE STUDY
The frequency of collapse of building structures on Nigeria in the past few years and recently h...
THE ROLE OF EARLY CHILDHOOD EDUCATION IN DEVELOPING TEAMWORK SKILLS
ABSTRACT: The role of early childhood education in developing teamwork skills i...
AN APPRAISAL OF THE ENFORCEMENT OF HUMAN RIGHTS UNDER THE FUNDAMENTAL RIGHTS (ENFORCEMENT PROCEDURE) RULES 2009 IN NIGERIA
ABSTRACT
The Constitution of the Federal Republic of Nigeria 1999 chose certain rights to protect under chapter IV and termed them as Fun...
AN ASSESSMENT OF THE EFFECT AND CAUSES OF DEVIANT BEHAVIOR AMONG STUDENTS
BACKGROUND OF THE STUDY
In the past decades due to the side of schools regards compulsory education, child labour laws,...
THE IMPACT OF CULTURAL DIFFERENCES ON FINANCIAL REPORTING PRACTICES
This study explores the impact of cultural differences on financial reporting practices in Lagos State, Nigeria. The objectives are to: (1) assess...
IMPACT OF MASTERY LEARNING APPROACH ON MOTIVATION AND PERFORMANCE IN WAVE CONCEPTS AMONG SENIOR SECONDARY SCHOOL PHYSICS STUDENTS
ABSTRACT
This study investigated the Impact of Mastery Learning Approach (MLA) on Motivation and Academic Performance in Physics among Se...
