Institutional quality, financial development and inclusive growth : asymmetric cointegration approach

Olumuyiwa Ganiyu Yinusa, Olalekan Bashir Aworinde, Ibrahim Abidemi Odusanya

The study examined the nexus between institutional quality, financial development and inclusive growth in Nigeria for the period 1984-2017. The study employed asymmetric cointegration approach to study the long-run relationship of institutional quality, financial development and inclusive growth in Nigeria. The results of the study showed that there is a long-run relationship between institutional quality, financial development and inclusive growth in Nigeria. It was also found that adjustments process to equilibrium for institutional quality, financial development and inclusive growth were asymmetric in Nigeria. The study therefore concludes that institutional quality and financial development are crucial variables that influence inclusive growth in Nigeria.

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Year of publication:	2020
Authors:	Yinusa, Olumuyiwa Ganiyu ; Aworinde, Olalekan Bashir ; Odusanya, Ibrahim Abidemi
Subject:	Finance-growth link \| institutional quality \| financial development \| inclusive growth \| asymmetric cointegration \| Wirtschaftswachstum \| Economic growth \| Kointegration \| Cointegration \| Institutionelle Infrastruktur \| Institutional infrastructure \| Finanzsektor \| Financial sector \| Finanzmarkt \| Financial market \| Welt \| World \| Entwicklung \| Economic development

Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Other identifiers:	10.32327/IJMESS/9.3.2020.10 [DOI] hdl:10419/224739 [Handle]
Classification:	C20 - Econometric Methods: Single Equation Models. General ; N2 - Financial Markets and Institutions ; O43 - Institutions and Growth
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012286812