International records / OpenAlex research

Analysis and responses of Stock and Capital market on Nigerian Economic growth: Structural Vector Autoregressive (SVAR) model

The stock market development is an important part of the economy of any country. It plays a crucial role in the growth of the industry as well as commerce that ultimately affects the economy of a particular nation to a great extent. The study examines the responses of Stock and Capital market on Nigerian Economic growth using quartly data from 2000Q1 to 2021Q4. The ZivotAndrew unit root test indicates that real gross domestic product and all share index are integrated of order one while market capitalization, stock value traded and private investment are integrated of order zero. The study emp…