Magnus Nkemjika Ogujiofor (phd)
Research by magnus nkemjika ogujiofor (phd)
Related categories: Social and Management Sciences
Government Borrowing, Private Credit and Economic Growth in an Emerging Economy
This study examined the relationship between economic growth, government borrowing, and private sector credit in Nigeria over a 53-year period (1972–2024). The analysis utilized time series data on external borrowing, domestic borrowing, total government borrowing, and private sector credit, all obtained from secondary sources. Pairwise Granger causality tests were employed to assess the direction of influence among the variables. The findings revealed a bidirectional long-run relationship...
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