Have a personal or library account? Click to login
Financial Development and Manufacturing Performance: The Nigerian Case Cover

Financial Development and Manufacturing Performance: The Nigerian Case

Open Access
|May 2018

References

  1. Adebiyi, M. A. (2001). Can High Real Interest Rate Promote Economic Growth without Fuelling Inflation in Nigeria. Journal of Economic and Social Studies, Maiden Edition, April, 86-100.
  2. Adebiyi, M. A., & Babatope-Obasa, B. (2004, October). Institutional framework, interest rate policy and the financing of the Nigerian manufacturing sub-sector. In African Development and Poverty Reduction: A Macro-Micro Linkage Forum (pp. 13-15).
  3. Agu, C. C., & Chukwu, J. O. (2008). Toda and Yamamoto causality tests between “bank based” financial deepening and economic growth in Nigeria”. European Journal of Social Science, 7 (2), 189-98.
  4. Aiyedogbon, J. O., & Anyanwu, S. O. (2016). Macroeconomic Determinants of Industrial Development in Nigeria. Nile Journal of Business and Economics, 1(1), 37-46.10.20321/nilejbe.v1i1.44
  5. Ajayi, O. D. (2011). The collapse of Nigeria’s manufacturing sector. The Voice News Magazine. Retrieved online at www.Thevoicenewsmagazine.com on, 15(06), 2012.
  6. Apergis, N., Filippidis, I., & Economidou, C. (2007). Financial deepening and economic growth linkages: a panel data analysis. Review of World Economics, 143(1), 179-198.10.1007/s10290-007-0102-3
  7. Becsi, Z., & Wang, P. (1997). Financial development and growth. Economic Review-Federal Reserve Bank of Atlanta, 82(4), 46-62.
  8. Berthélemy, J. C., & Varoudakis, A. (1998). Développement financier, réformes financières et croissance: une approche en données de panel. Revue économique, 195-206.10.3406/reco.1998.409972
  9. Calderón, C., & Liu, L. (2003). The direction of causality between financial development economic growth. Journal of development economics, 72(1), 321-334.10.1016/S0304-3878(03)00079-8
  10. De Gregorio, J., & Guidotti, P. E. (1995). Financial development and economic growth. World development, 23(3), 433-448.10.1016/0305-750X(94)00132-I
  11. Gerschenkron, A. (1962). Economic backwardness in historical perspective: a book of essays. Cambridge, MA: Belknap Press of Harvard University Press.
  12. Gokmenoglu, K. K., Amin, M. Y., & Taspinar, N. (2015). The relationship among international trade, financial development and economic growth: the case of Pakistan. Procedia Economics and Finance, 25, 489-496.10.1016/S2212-5671(15)00761-3
  13. Hassan, M. K., Sanchez, B., & Yu, J. S. (2011). Financial development and economic growth: New evidence from panel data. The Quarterly Review of economics and finance, 51(1), 88-104.10.1016/j.qref.2010.09.001
  14. Jenkıns, H. P., & Katırcıoglu, S. T. (2010). The bounds test approach for cointegration and causality between financial development, international trade and economic growth: the case of Cyprus. Applied Economics, 42(13), 1699-1707.10.1080/00036840701721661
  15. Kawode, I. E. (2015). Capital market and the performance of the manufacturing industries in Nigeria 1970-2012. European Journal of Business and Management, 7(13), 11-22.
  16. Khan, M. A., Qayyum, A., Sheikh, S. A., & Siddique, O. (2005). Financial Development and Economic Growth: The Case of Pakistan [with Comments]. The Pakistan Development Review, 819-837.10.30541/v44i4IIpp.819-837
  17. Kiran, B., Yavuz, N. C., & Guris, B. (2009). Financial development and economic growth: A panel data analysis of emerging countries. International Research Journal of Finance and Economics, 30(2), 87-94.
  18. Lartey, E. K. (2010). A note on the effect of financial development on economic growth. Applied Economics Letters, 17(7), 685-687.10.1080/13504850802297897
  19. Levine, R. (1997). Financial Development and Economic Growth: Views and Agenda, Journal of Economic Literature, 35, 688-726.
  20. Obamuyi, T. M., Edun, A. T., & Kayode, O. F. (2012). Bank lending, economic growth and the performance of the manufacturing sector in Nigeria. European Scientific Journal, 8(3), 19-36.
  21. Odhiambo, N. M. (2008). Financial depth, savings and economic growth in Kenya: A dynamic causal linkage. Economic Modelling, 25(4), 704-713.10.1016/j.econmod.2007.10.009
  22. Odhiambo, N. M. (2009). Finance-growth-poverty nexus in South Africa: A dynamic causality linkage. The Journal of Socio-Economics, 38(2), 320-325.10.1016/j.socec.2008.12.006
  23. Okafor, U. O. (2012). Analysis of the impact of Fiscal Policy Measures on Capital Formation in Nigeria. Nigerian Journal of Management and Administration, 5 (7): 34, 56.10.5539/ijef.v5n1p86
  24. Rajan, R. G., & Zingales, L. (1996). Financial dependence and growth (No. w5758). National bureau of economic research.10.3386/w5758
  25. Rasheed, O. A. (2010). Productivity in the Nigerian Manufacturing Sub-Sector. European Journal of Economics, Finance and Administrative Sciences, 6(8), 1450-2275.
  26. Shahbaz, M. (2009). A reassessment of finance-growth nexus for Pakistan: under the investigation of FMOLS and DOLS techniques. IUP Journal of Applied Economics, 8(1), 65-80.
  27. Sola, O., Obamuyi, T. M., Adekunjo, F. O., & Ogunleye, E. O. (2013). Manufacturing Performance in Nigeria: Implication for Sustainable Development. Asian Economic and Financial Review, 3(9), 1195.
  28. Udoh, E., & Ogbuagu, U. R. (2012). Financial Sector Development and Industrial Production in Nigeria (1970-2009): An ARDL Cointegration Approach. Journal of Applied Finance and Banking, 2(4), 49.
  29. Zhang, J., Wang, L., & Wang, S. (2012). Financial development and economic growth: Recent evidence from China. Journal of Comparative Economics, 40(3), 393-412.10.1016/j.jce.2012.01.001
DOI: https://doi.org/10.2478/sbe-2018-0009 | Journal eISSN: 2344-5416 | Journal ISSN: 1842-4120
Language: English
Page range: 97 - 111
Published on: May 8, 2018
Published by: Lucian Blaga University of Sibiu
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year

© 2018 Ekundayo Mesagan, Ndubuisi Olunkwa, Ismaila Yusuf, published by Lucian Blaga University of Sibiu
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.