Please use this identifier to cite or link to this item: http://library.cbn.gov.ng:8092/jspui/handle/123456789/95
Title: Effect of Deposit Money Banks' Credit on the Performance of Micro, Small and Medium Enterprises in Nigeria
Authors: Evbuomwan, G. O.
Okoruwa, V. O.
Ikpi, A. E.
Keywords: Micro, small and medium enterprises,
Economic development,
Finance,
Credit,
Issue Date: Jun-2013
Publisher: Research Department, Central Bank of Nigeria.
Citation: Evbuomwan, G. O., Okoruwa, V. O., & Ikpi, A. E. (2013). Effect of Deposit Money Banks' Credit on the Performance of Micro, Small and Medium Enterprises in Nigeria. Economic and Financial Review, 51(2), 63–91.
Series/Report no.: Economic and Financial Review;Vol. 51 No. 2
Abstract: This paper set out to empirically evaluate the effect of deposit money banks' credit on the performance of MSMEs in Nigeria, with the aid of a vector autoregression and error correction mechanism (ECM) technique. Results of the empirical investigation confirmed credit had a positive effect on GDP of MSMEs in Nigeria as the coefficient of CAM (credit to MSMEs) was positive (1.0569) and significant at 1.0 per cent level. It was, therefore, recommended that every effort should be made to improve access to credit by MSMEs, so that they could play their potential roles of employment generation and wealth creation and move the majority of the entrepreneurs out of poverty.
URI: http://library.cbn.gov.ng:8092/jspui/handle/123456789/95
ISSN: 1957-2968
Appears in Collections:Economic and Financial Review

Files in This Item:
File Description SizeFormat 
CBN Eco. & Fin. review Vol. 51 No. 2 Article 3.pdf221.99 kBAdobe PDFThumbnail
View/Open


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.

Admin Tools