International records / OpenAlex research
The Impact of Stock Market Performance on The Growth of Nigeria's Manufacturing Sector From 1981 To 2022
This study investigates the impact of stock market performance on the growth of Nigeria's manufacturing sector from 1981 to 2022. Data was sourced from secondary sources, including the Central Bank of Nigeria's statistical bulletin and the World Bank database. The study applied unit root tests, Johansen cointegration tests, vector error correction (VECM), and vector autoregressive (VAR) models. The unit root test indicated that all variables were non-stationary at the level but became stationary after first differencing. The long-run results revealed that market capitalization (MKC), value of …
