Federal finance and statistics / Central Bank of Nigeria

Public Debt Sustainability Measures and Its Growth Implications for the Nigerian Economy

This study utilises the linear and nonlinear autoregressive distributed lag (ARDL) models to investigate the impact of public debt sustainability measures and its growth implications for the Nigerian economy from 1981 and 2021. The results suggest that public debt-to-oil revenue ratio (PDOR) has a significantly negative effect on economic growth both in the long- and short-run. It also shows that public debt-to-non-oil revenue ratio has an asymmetric effect in the short-run and a positive r | Keywords: economic growth, nonlinear, non-oil revenue, oil revenue, sustainability

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Source	Central Bank of Nigeria
Collection	Federal finance and statistics
Kind	Document
Publisher	Central Bank of Nigeria
Date	2023-11-17
Type	document
Found at	https://www.cbn.gov.ng/api/GetAllDocuments
Archived copy	Look it up in the Wayback Machine
Record ID	`cbn:cbn:db0ac417ef230f63`

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Public Debt Sustainability Measures and Its Growth Implications for the Nigerian Economy. Central Bank of Nigeria, 2023. Vero Archive, record cbn:cbn:db0ac417ef230f63.