International records / OpenAlex research
Domestic Debt and Economic Growth in Nigeria: Empirical Evidence from 1981 to 2021
This study examines the impact of domestic debt on economic growth in Nigeria using annual data from 1981 to 2021. The model for the work was built using the Neoclassical growth theory and Harrod Domar model; which poses as a motivation to this study. The study adopted the autoregressive redistributed lag model (ARDL), which shows that there is a long-run relationship between domestic debt and economic growth. Data for the study was sourced from the Central Bank of Nigeria's statistical bulletin (2022), the World Bank (2022) and Debt Management Database (2022). The variables of the model inclu…
