Since 2014
An Empirical Application of Debt Neutrality to the Nigerian Economy: Further Evidence
International Journal of Economic Practices and Theories
View Archive Info| Field | Value | |
| Title |
An Empirical Application of Debt Neutrality to the Nigerian Economy: Further Evidence
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| Creator |
Aderemi, Taiwo Adekunte
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| Subject |
economics; macroeconomics
DEBT-NEUTRALITY, NIGERIA, DEBT H3; H63; H61 |
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| Description |
Domestic debt accumulation by the Nigerian government has increased in recent times. One reason adduced for this is the need to finance the fiscal deficit. At the same time, the government is embarking on policies to stimulate economic growth. According to the debt-neutrality hypothesis, raising revenue either through domestic bonds or taxes does not matter. This means that domestic debt accumulation by the Nigerian government may not stimulate economic growth as desired. This study therefore investigates the debt-neutrality hypothesis. I found that the key variables in testing the validity of the proposition did not support the debt neutrality in Nigeria.
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| Publisher |
International Journal of Economic Practices and Theories
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| Contributor |
—
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| Date |
2014-07-01
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.ijept.org/index.php/ijept%20/article/view/An_Empirical_Application_of_Debt_Neutrality_to_the_Nigerian_Economy%3A_Further_Evidence
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| Source |
International Journal of Economic Practices and Theories; Vol 4, No 4 (2014); 493-503
2247 – 7225 |
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| Language |
eng
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| Relation |
http://www.ijept.org/index.php/ijept%20/article/view/An_Empirical_Application_of_Debt_Neutrality_to_the_Nigerian_Economy%3A_Further_Evidence/pdf_4_4_9
http://www.ijept.org/index.php/ijept%20/article/downloadSuppFile/An_Empirical_Application_of_Debt_Neutrality_to_the_Nigerian_Economy%3A_Further_Evidence/29 |
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