Full Length Research Paper
References
|
Abida Z, Sghaier IM, Zghidi N (2015). Financial Development and Economic Growth: Evidence from North African Countries. Economic Alternatives 2:17-33. |
|
|
Acquah-Sam E, Salami K (2014). Effect of Capital Market Development on Economic Growth in Ghana. European Scientific Journal 10(7):511-534. |
|
|
Adeniyi O, Omisakin O, Egwaikhide FO, Oyinlola A (2012). Foreign Direct Investment, Economic Growth and Financial Sector Development in Small Open Developing Economies, Economic Analysis and Policy 42:1. |
|
|
Aigbovo O, Izekor AO (2015). Stock Market Development and Economic Growth in Nigeria: An Empirical Assessment. International Journal of Business and Social Science 6(9):1. |
|
|
Ali MA, Amir N (2014). Stock Market Development and Economic Growth: Evidence from India, Pakistan, China, Malaysia and Singapore. International Journal of Economics Finance and Management Sciences 2:220-226. |
|
|
Arcand J, Berkes E, Panizza U (2012). Too Much Finance. International Monetary Fund Working Paper WP/12/161. |
|
|
Auzairy NA, Ahmad R, HO CSF (2011). The Impact of Stock Market Liberalization and Macroeconomic Variables on Stock Market Performances. International Conference on Financial Management and Economics 11:358-362. |
|
|
Azmeh C, Al Samman, Mouselli S (2017). The Impact of Financial Liberalization on Economic Growth: The Indirect Link. International Business Management 11(6):1289-1297. |
|
|
Bakaert G, Harvey CR, Lundblad C (2001). Emerging Equity Markets and Economic Development. Journal of Development Economics September pp. 1-31. |
|
|
Bekaert G, Harvey CR, Lundblad CT (2003). Equity Market Liberalization in Emerging Markets. Journal of Financial Research 26(3):275-299. |
|
|
Demirguc-Kunt, A. and Levine, R. (1996), "Stock Markets, Corporate Finance and Economic Growth: An Overview", World Bank Economic Review 10(2):223-239. |
|
|
Dickey DA, Fuller WA (1979). Distribution of the Estimators for Autoregressive Time Series with a Unit Root. Journal of the American Statistical Association 74(366):427-431. |
|
|
Granger CWJ (1969). Investigating Causal Relations by Econometric Models and Cross Spectral Methods. Econometrica 37:24-35. |
|
|
Greenwood J, Smith BD (1997). Financial Markets in Development and the Development of Financial Markets. Journal of Economic Dynamics and Control 21:145-181. |
|
|
Hassan A, Babafemi OD, Jakada AH (2016). Financial Market Development and Economic Growth in Nigeria: Evidence from VECM Approach. International Journal of Applied Economic Studies 4(3):1-13. |
|
|
Henry PB (2000). Do Stock Market Liberalizations Cause Investment Booms? Journal of Financial Economics 58(1-2):301-334. |
|
|
Hoxha A (2010). Causality between Prices and Wages: VECM Analysis for EU-12. Theoretical and Applied Economics 5(546):27-48. |
|
|
Iheanacho E (2016).The Impact of Financial Development on Economic Growth in Nigeria: An ARDL Analysis. Economies 4(4):26. |
|
|
Jareno F, Negrut L (2016). US Stock Market and Macroeconomic Factors. The Journal of Applied Business Research 32(1):325-340. |
|
|
Johansen S (1995). Likelihood-based Inference in Cointegrated Vector Autoregressive Models Oxford. Oxford University Press on Demand. |
|
|
Khan K, Ahmed I (2015). Impact of Stock Prices on Macroeconomic Variables: Evidence from Pakistan. KASBIT Business Journal (KBJ) 8(1):42-59. |
|
|
Khyareh MM, Oskou V (2015). The Effect of Stock Market on Economic Growth: The Case of Iran. International Journal of Academic Research in Economics and Management Sciences 4(4):52-62. |
|
|
Kim EH, Singal V (2000). The Fear of Globalizing Capital Markets. Emerging Markets Review 1:183-198. |
|
|
Levine R, Zervos S (1998). Capital Control Liberalization and Stock Market Development. World development 26(7):1169-1183. |
|
|
Levine R (2000). International Financial Liberalization. Review of International Economics pp. 1-28. |
|
|
Levine R (2001). International Financial Liberalization and Economic Growth. Review of International Economics 9 (4):688-702. |
|
|
Levine R (2002). Bank-Based or Market-Based Financial Systems: Which one is Better? Journal of Financial Intermediation 11:398-428. |
|
|
Madichie C, Maduka A, Oguanobi C, Ekesiobi C (2014). Financial Development and Economic Growth in Nigeria: A Reconsideration of Empirical Evidence. Journal of Economics and Sustainable Development 5:28. |
|
|
Maduka AC, Onwuka KO (2013). Financial Market Structure and Economic Growth: Evidence from Nigeria Data. Asian Economic & Financial Review 3(1):75-98. |
|
|
Manova K (2008). Credit Constraints, Equity Market Liberalizations and International Trade. Journal of International Economics 76:33-47. |
|
|
Miles W (2002). Financial Deregulation and Volatility in Emerging Equity Markets. Journal of Economic Development 27(2):113-126. |
|
|
Mohtadi H, Agarwal S (2004). Stock Market Development and Economic Growth: Evidence from Developing Countries. |
|
|
Naceur S, Ghazouani S, Omran M (2008). Does Stock Market Liberalization Spur Financial and Economic Development in the MENA region? Journal of Comparative Economics 36(4):673-693. |
|
|
National Bureau of Statistics (2017). FISCAL STATISTICS JANUARY - JULY 2017. |
|
|
Ngongang E (2015). Financial Development and Economic Growth in Sub-Saharan Africa: A Dynamic Panel Data Analysis. European Journal of Sustainable Development 4(2):369-378. |
|
|
Niranjala SAU (2015). Stock Market Development and Economic Growth in Sri Lanka. Global Journal of Management and Business Research: Economics and Commerce 15(8):1-7. |
|
|
Njemcevic F (2017). Capital Market and Economic Growth in Transition Countries: Evidence from South East Europe. Journal of International Business Research and Marketing 2(6):15-22. |
|
|
Njogo BO, Ogunlowore AJ (2014). Impact of Nigerian Financial Markets on the Economic Growth. International Journal of Financial Markets 1(3):77-82. |
|
|
Nordin S, Nordin N (2016). The Impact of Capital Market on Economic Growth: A Malaysian Outlook. International Journal of Economics and Financial Issues 6(S7):259-265. |
|
|
Obstfeld M (1994). Risk-Taking, Global Diversification and Growth. The American Economic Review 84(5):1310-1329. |
|
|
Odo SI, Anoke CI, Onyeisi OS, Chukwu BC (2017). Capital Market Indicators and Economic Growth in Nigeria; An Autoregressive Distributed Lag (ARDL) Model. Asian Journal of Economics, Business and Accounting 2(3):1-16. |
|
|
Ortiz E, Cabello A, Jesus RD (2007). The role of Mexico's Stock Exchange in Economic Growth. Journal of Economic Asymmetries 4(2):1-135. |
|
|
Pagano M (1993). Financial Market and Growth: An Overview. European economic review 37(2-3):613-622. |
|
|
Patro D (2005). Stock Market Liberalization and Emerging Market Country Fund Premiums. The Journal of Business 78(1):135-168. |
|
|
Phillips PCB, Perron P (1988). Testing for a Unit Root in Time Series Regression. Biometrika 75(2):335-346. |
|
|
Puryan V (2017). The Causal Relationship Between Economic Growth, Banking Sector Development and Stock Market Development in Selected Middle-East and North African Countries. International Journal of Economics and Financial Issues 7(3):575-580. |
|
|
Quixima Y, Almeida A (2014) Financial Development and Economic Growth in a Natural Resource Based Economy: Evidence from Angola. FEP Working Paper pp. 1-16. |
|
|
Rioja F, Valev N (2004). Finance and the Sources of Growth at Various Stages of Economic Development. Economic Inquiry 4(1):127-140. |
|
|
Rousseau PL, Wachtel P (2000). Equity Markets and Growth: Cross-Country Evidence on Timing and Outcomes, 1980-1995. Journal of Banking and Finance 24:1933-1957. |
|
|
Stigliz JE (2004). Capital Market Liberalization, Globalization and the IMF. Oxford Review of Economic Policy 20(1):57-71. |
|
|
Taiwo JN, Adedayo A, Evawere A (2016). Capital Market and Economic Growth in Nigeria. Accounts and Financial Management Journal 1(8):497-525. |
|
|
Udude C (2014). Financial Development and Economic Growth in Nigeria: An Empirical Investigation (1980-2012). International Journal of Social Sciences and Humanitarian Reviews 4(4):198-204. |
|
|
Ujunwa A, Salami OP (2010). Stock Market Development and Economic Growth: Evidence from Nigeria. European Journal of Economics, Finance and Administrative Sciences 25:44-53. |
|
|
Yadirichukwu E. Chigbu EE (2014). The impact of capital market on economic growth: the Nigerian perspective. International journal of development and sustainability 3(4):838-864. |
|
Copyright © 2024 Author(s) retain the copyright of this article.
This article is published under the terms of the Creative Commons Attribution License 4.0
