Private Domestic Savings Mobilization by Commercial Banks and Economic Growth in Nigeria

Basit Öğe Kaydı
dc.contributor.authorJibrin, Musa Success
dc.contributor.authorDanjuma, Iyaji
dc.contributor.authorBlessing, Success Ejura
dc.date.accessioned2015-01-26T11:23:19Z
dc.date.available2015-01-26T11:23:19Z
dc.date.issued2014
dc.departmentİstanbul Beykent Üniversitesien_US
dc.description.abstractThis study discusses private domestic savings by commercial banks and economic growth in Nigeria and reviews theories on the determinants of private domestic savings and the impact of savings on economic growth. It also examines the determinants of private domestic savings in Nigeria during the period covering 1986 – 2010.The broad objective is to identify instruments to be used by commercial banks to mobilize savings and to also examine the impact of that private domestic savings on economic growth of Nigeria. It makes an important contribution to the literature by evaluating the magnitude and direction of the effects of money supply, interest rate, inflation rate, exchange rate and per capita income on private domestic savings. We went further to examine the impact of private domestic savings and commercial banks credit to private sector on economic growth of Nigeria. The framework for analysis involves the estimation of a private domestic savings function and economic growth function derived from the Life Cycle Hypothesis. The study employed classical least squares method with the aid of Error-Correction modeling procedure, co-integration, granger causality and stationarity test which minimize the possibility of estimating spurious relations, while at the same time retaining long-run information in the work; as well as the nature of causality between independent variables and dependent variables of our two functions specified in this research work. The results of the analysis show that the money supply and per capita income are strong determinants of private domestic savings for the period under study and private domestic savings and commercial banks credit to private sector turnout to be the leading factors that propel economic growth in Nigeria according to this research results. It was also revealed that, unethical banking practices by Nigerian commercial banks have rendered interest rate impotent to drive savings mobilization.en_US
dc.identifier.citationBeykent University Journal of Social Sciences - BUJSS Vol.7 No.1, 2014tr_TR
dc.identifier.issn1307-5063
dc.language.isoenen_US
dc.publisherBeykent Üniversitesitr_TR
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.subjectDomestictr_TR
dc.subjectsaving mobilizationtr_TR
dc.subjectEconomic growthtr_TR
dc.subjectCommercial banks’ credittr_TR
dc.subjectPer capita incometr_TR
dc.subjectMoney supplytr_TR
dc.titlePrivate Domestic Savings Mobilization by Commercial Banks and Economic Growth in Nigeriaen_US
dc.typeArticleen_US

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
Küçük Resim
İsim:
Private Domestic Savings Mobilization by Commercial Banks and Economic Growth in Nigeria.pdf
Boyut:
1.32 MB
Biçim:
Adobe Portable Document Format
Açıklama:
İndir
Lisans paketi
Listeleniyor 1 - 1 / 1
Küçük Resim Yok
İsim:
license.txt
Boyut:
1.43 KB
Biçim:
Item-specific license agreed upon to submission
Açıklama:
İndir

Koleksiyon

Beykent Üniversitesi Sosyal Bilimler Dergisi Koleksiyonu