Prethodno priopćenje
https://doi.org/10.55539/jesd.9.1.7.
Nexus Between Stock Market Performance and Manufacturing Growth in Nigeria
Isaac Tope Awe
orcid.org/0000-0002-3198-8010
; Department of Economics, School of Social and Management Science, Bamidele Olumilua University of Education, Science and Technology, Ikere – Ekiti, Nigeria
Sažetak
This study examined the nexus between stock market performance and manufacturing growth in Nigeria using
data spanning between 1985 and 2020. Vector Autoregression (VAR) model was employed to examine the
complex interaction between the variables. The result of the stationarity test through Augmented Dickey-Fuller
(ADF) and Phillip Peron (PP) affirmed the use of VAR. the study concluded that stock market performance
has a significant influence on manufacturing growth. Hence, the government should make a concerted effort
by making appropriate monetary policy that will promote stock market performance that will lead to capacity
growth of the manufacturing sub-sector.
Ključne riječi
Stock Market Performance, Manufacturing Growth, All-share Index, Equity, Industrial Loan
Hrčak ID:
275104
URI
Datum izdavanja:
31.3.2022.
Posjeta: 415 *