Please use this identifier to cite or link to this item:
https://library.cbn.gov.ng:8443/jspui/handle/123456789/790Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Akpan, D. B. | - |
| dc.contributor.author | Yilkudi, D. J. | - |
| dc.contributor.author | Opiah, D. C. | - |
| dc.date.accessioned | 2019-04-08T11:42:15Z | - |
| dc.date.available | 2019-04-08T11:42:15Z | - |
| dc.date.issued | 2016-03 | - |
| dc.identifier.citation | Akpan, D. B., Yilkudi, D. J. and Opiah, D. C. (2016). The impact of lending rate on the manufacturing sector in Nigeria. CBN Economic and Financial Review, 54(1), 43-69. | en_US |
| dc.identifier.issn | 1957-2968 | - |
| dc.identifier.uri | http://library.cbn.gov.ng:8092/jspui/handle/123456789/790 | - |
| dc.description.abstract | The study investigates the impact of lending rate on output of the manufacturing subsector using the vector error correction model and annual data from 1981 - 2014. The empirical results indicated that high lending rate had negative impact on manufacturing output in the long-run. The study, therefore recommends the implementation of investment friendly policies that narrows, the lending rate by the deposit money banks in order to stimulate output growth in the manufacturing sub-sector and allow global competitiveness of products. | en_US |
| dc.description.sponsorship | Central Bank of Nigeria | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | Central Bank of Nigeria, Research Department. | en_US |
| dc.relation.ispartofseries | Vol. 54;No. 1 | - |
| dc.subject | Deposit money banks, | en_US |
| dc.subject | Intermediation, | en_US |
| dc.subject | Lending rate, | en_US |
| dc.subject | Manufacturing capacity utilisation, | en_US |
| dc.subject | Manufacturing sector | en_US |
| dc.subject | Vector Error Correction Model (VECM) | en_US |
| dc.subject | Co-integration | en_US |
| dc.subject | Nigeria | en_US |
| dc.title | The impact of lending rate on the manufacturing sector in Nigeria | en_US |
| dc.type | Article | en_US |
| Appears in Collections: | Economic and Financial Review | |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| The impact of lending rate on the manufacturing sector in nigeria.pdf | 3.99 MB | Adobe PDF |  View/Open |
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