Articles liés à A Vector Autoregressive (Var) Cointegration And Vec...

A Vector Autoregressive (Var) Cointegration And Vec Model For Nigeria - Couverture souple

Aliyu, Hamidu Chamalwa; Bakari, Harun Rann

 
9783330083059: A Vector Autoregressive (Var) Cointegration And Vec Model For Nigeria
Couverture souple
ISBN 10 : 3330083050 ISBN 13 : 9783330083059
Editeur : LAP LAMBERT Academic Publishing, 2017

Synopsis

The Study Investigate the relationship between economic growth (GDP) and some financial deepening indicators (money supply and credit to private sector), using a data obtained from the Central Bank of Nigeria (CBN) statistical bulletin for the period 1981-2012. The study employed the conventional augmented dickey fuller test to test for stationarity among the three variables ( GDP, money supply and credit to private sector, Johensen cointegration technique to determine the order or the cointegrating equation. Granger causality test was used to check for causal relationship among the variables (i.e uni-directional, bi-directional or feedback) and then the Vector Error Correction to check for a short-run or long-run relationship among the three variables. The results indicate that all the three variables are non-stationary at levels, but became stationary after first differencing once. The three variables are cointegrated with at most one ciontegrating equation; b-bidirectional causality runs among the three variables. The VECM suggested a long-run relationship among the three.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

The Study Investigate the relationship between economic growth (GDP) and some financial deepening indicators (money supply and credit to private sector), using a data obtained from the Central Bank of Nigeria (CBN) statistical bulletin for the period 1981-2012. The study employed the conventional augmented dickey fuller test to test for stationarity among the three variables ( GDP, money supply and credit to private sector, Johensen cointegration technique to determine the order or the cointegrating equation. Granger causality test was used to check for causal relationship among the variables (i.e uni-directional, bi-directional or feedback) and then the Vector Error Correction to check for a short-run or long-run relationship among the three variables. The results indicate that all the three variables are non-stationary at levels, but became stationary after first differencing once. The three variables are cointegrated with at most one ciontegrating equation; b-bidirectional causality runs among the three variables. The VECM suggested a long-run relationship among the three.

Biographie de l'auteur

Hamidu Chamalwa was born 33 years ago, in Biu town, of Borno State. He attended Central Primary school Biu, government secondary waka Biu, before going to College of education waka Biu, for National certificate in education(NCE) before gaining admission in to university of maiduguri for his B.sc and M.sc in statistics.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2017
Langue
anglais
ISBN 10 
3330083050
ISBN 13 
9783330083059
Reliure
Broché
Nombre de pages
60
Coordonnées du fabricant
non disponible
Personne responsable
KreGa Onlinehandel GmbH
4950000000000
info@krega-onlinehandel.de

Birkenweg 31
Brakel
33034
Allemagne