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https://library.cbn.gov.ng:8443/jspui/handle/123456789/568| Title: | Nigeria's economic growth and foreign debt: an analytical re-examination |
| Authors: | Essien, E.A. Onwioduokit, E.A. |
| Keywords: | Economic growth Foreign debt ARIMA models External debt management |
| Issue Date: | Mar-1998 |
| Publisher: | Central Bank of Nigeria, Research Department. |
| Citation: | Essien, E.A. and Onwioduokit, E.A. (1998). Nigeria's economic growth and foreign debt: an analytical re-examination. Economic and Financial Review, 36 (1). 22 - 50. |
| Series/Report no.: | Vol. 36;No. 1 |
| Abstract: | The implied relationship between foreign debt and economic growth is empirically examined in this paper. ARIMA models were developed for the endogenous variables of a dynamic error in - variable type model. Using data for the Nigerian economy, results of the analyses lend credence to a significant positive relationship. The paper goes further to recommend a more focused approach to external debt management in Nigeria if growth is to be realised through externally injected funds. |
| URI: | http://library.cbn.gov.ng:8092/jspui/handle/123456789/568 |
| ISSN: | 1957 - 2968 |
| Appears in Collections: | Economic and Financial Review |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Nigeria's economic growth and foreign debt an analytical re-examination.pdf | 310.96 kB | Adobe PDF |  View/Open |
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