{"id":"https://openalex.org/W2133545264","doi":null,"title":"ECONOMETRICS ANALYSIS OF IMPACT OF CAPITAL MARKET ON ECONOMIC GROWTH IN NIGERIA (1971-2010)","display_name":"ECONOMETRICS ANALYSIS OF IMPACT OF CAPITAL MARKET ON ECONOMIC GROWTH IN NIGERIA (1971-2010)","publication_year":2013,"publication_date":"2013-01-01","ids":{"openalex":"https://openalex.org/W2133545264","mag":"2133545264"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:asi:aeafrj:2013:p:99-110","doi":null,"is_oa":false,"landing_page_url":"http://www.aessweb.com/download.php?id=1714","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"http://www.aessweb.com/pdf-files/99-110.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5054773932","display_name":"Abiola T. Owolabi","orcid":"https://orcid.org/0000-0001-9843-5085","observed_orcids":["https://orcid.org/0000-0001-9843-5085"]},"institutions":[{"id":"https://openalex.org/I4210113643","display_name":"The Federal Polytechnic, Ado-Ekiti","ror":"https://ror.org/0250bhj44","country_code":"NG","type":"education","lineage":["https://openalex.org/I4210113643"]}],"countries":["NG"],"is_corresponding":false,"raw_author_name":"Abiola T. Owolabi","raw_affiliation_strings":["Department of Banking and Finance, the Federal Polytechnic, Ado \u2013 Ekiti Nigeria"],"raw_orcid":"https://orcid.org/0000-0001-9843-5085","affiliations":[{"raw_affiliation_string":"Department of Banking and Finance, the Federal Polytechnic, Ado \u2013 Ekiti Nigeria","institution_ids":["https://openalex.org/I4210113643"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5053553074","display_name":"Ajayi N.O","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4210113643","display_name":"The Federal Polytechnic, Ado-Ekiti","ror":"https://ror.org/0250bhj44","country_code":"NG","type":"education","lineage":["https://openalex.org/I4210113643"]}],"countries":["NG"],"is_corresponding":false,"raw_author_name":"Ajayi N.O","raw_affiliation_strings":["Department of Business Administration and Management, the Federal Polytechnic, Ado \u2013 Ekiti, Nigeria"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Business Administration and Management, the Federal Polytechnic, Ado \u2013 Ekiti, Nigeria","institution_ids":["https://openalex.org/I4210113643"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I4210113643"],"apc_list":null,"apc_paid":null,"fwci":6.5053,"has_fulltext":false,"cited_by_count":19,"citation_normalized_percentile":{"value":0.96455362,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"3","issue":"1","first_page":"99","last_page":"110"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9657999873161316,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9657999873161316,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14317","display_name":"Finance, Markets, and Regulation","score":0.008700000122189522,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13867","display_name":"Economic Growth and Development","score":0.0066999997943639755,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/stock-market-development","display_name":"stock market development","score":0.781000018119812},{"id":"https://openalex.org/keywords/economic-growth","display_name":"economic growth","score":0.9229999780654907},{"id":"https://openalex.org/keywords/capital-markets","display_name":"capital markets","score":0.8460000157356262},{"id":"https://openalex.org/keywords/nigeria","display_name":"Nigeria","score":0.824999988079071},{"id":"https://openalex.org/keywords/stock-market-policy","display_name":"stock market policy","score":0.6700000166893005}],"concepts":[{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.7834908962249756},{"id":"https://openalex.org/C99656134","wikidata":"https://www.wikidata.org/wiki/Q2912993","display_name":"Ordinary least squares","level":2,"score":0.7438541650772095},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6938424110412598},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.5164080262184143},{"id":"https://openalex.org/C152877465","wikidata":"https://www.wikidata.org/wiki/Q208042","display_name":"Regression analysis","level":2,"score":0.4446043372154236},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4136769771575928},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.08327695727348328},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.08231666684150696},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:RePEc:asi:aeafrj:2013:p:99-110","doi":null,"is_oa":false,"landing_page_url":"http://www.aessweb.com/download.php?id=1714","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:RePEc:asi:aeafrj:v:3:y:2013:i:1:p:99-110:id:979","doi":null,"is_oa":false,"landing_page_url":"https://archive.aessweb.com/index.php/5002/article/view/979/1462","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"mag:2133545264","doi":null,"is_oa":true,"landing_page_url":"http://www.aessweb.com/pdf-files/99-110.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S2764525551","display_name":"Asian Economic and Financial Review","issn_l":"2222-6737","issn":["2222-6737","2305-2147"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["anvur-scientific","poland-20","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4361074916","host_organization_name":"Conscientia Beam","host_organization_lineage":["https://openalex.org/P4361074916"],"host_organization_lineage_names":["Conscientia Beam"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Asian Economic and Financial Review","raw_type":null}],"best_oa_location":{"id":"mag:2133545264","doi":null,"is_oa":true,"landing_page_url":"http://www.aessweb.com/pdf-files/99-110.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S2764525551","display_name":"Asian Economic and Financial Review","issn_l":"2222-6737","issn":["2222-6737","2305-2147"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["anvur-scientific","poland-20","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4361074916","host_organization_name":"Conscientia Beam","host_organization_lineage":["https://openalex.org/P4361074916"],"host_organization_lineage_names":["Conscientia Beam"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Asian Economic and Financial Review","raw_type":null},"sustainable_development_goals":[{"score":0.7257999777793884,"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":9,"referenced_works":["https://openalex.org/W1515815629","https://openalex.org/W1584743396","https://openalex.org/W1972672228","https://openalex.org/W2018944810","https://openalex.org/W2077775978","https://openalex.org/W2087911607","https://openalex.org/W2115140725","https://openalex.org/W2488607644","https://openalex.org/W3212349612"],"related_works":["https://openalex.org/W2992249920","https://openalex.org/W73925915","https://openalex.org/W7215250796","https://openalex.org/W2333671050","https://openalex.org/W7117373342","https://openalex.org/W4414777938","https://openalex.org/W7215609514","https://openalex.org/W2185398191","https://openalex.org/W2516404838","https://openalex.org/W4408208566"],"abstract_inverted_index":{"The":[0,58,123],"stock":[1,35,73,134,150,173],"market":[2,36,74,135,174],"is":[3,13,63,93,117],"a":[4,8,64,161],"common":[5],"feature":[6],"of":[7,26,108,114,125,142,148,155,169],"modern":[9],"economy":[10,157],"and":[11,24,70,81,104,136,175],"it":[12],"reputed":[14],"to":[15],"perform":[16],"some":[17],"necessary":[18],"functions,":[19],"which":[20,128],"promote":[21],"the":[22,27,54,72,85,97,100,109,112,120,126,133,140,149,156,166,172],"growth":[23,39,69,90,113,177],"development":[25,75,147],"economy.":[28],"This":[29],"study":[30],"examines":[31],"whether":[32],"or":[33],"not":[34],"promotes":[37],"economic":[38,68,89,115,137,176],"in":[40,91,111,160,181],"Nigeria.":[41,182],"To":[42],"achieve":[43],"this":[44],"objective,":[45],"ordinary":[46],"least":[47],"square":[48],"regression":[49],"(OLS)":[50],"was":[51],"employed":[52],"using":[53],"data":[55],"from":[56],"1971-2010.":[57],"result":[59,86,124],"indicated":[60],"that":[61,88,165],"there":[62],"positive":[65,130],"relationship":[66],"between":[67,102,132,171],"all":[71,153],"variables":[76],"used.":[77],"With":[78],"97%":[79],"R-squared":[80],"95%":[82,107],"adjusted":[83],"R-squared,":[84],"showed":[87],"Nigeria":[92],"adequately":[94],"explained":[95,118],"by":[96,119],"model":[98],"for":[99],"period":[101],"1971":[103],"2010.By":[105],"implication":[106],"variation":[110],"activities":[116],"independent":[121],"variables.":[122],"study,":[127],"established":[129],"links":[131],"growth,":[138],"suggests":[139],"pursuit":[141],"policies":[143],"geared":[144],"towards":[145],"rapid":[146],"market.":[151],"Also,":[152],"sectors":[154],"should":[158],"act":[159],"collaborative":[162],"manner":[163],"such":[164],"optimum":[167],"benefits":[168],"linkages":[170],"can":[178],"be":[179],"realized":[180]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":3},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":5},{"year":2013,"cited_by_count":1}],"updated_date":"2026-10-28T10:33:24.094632","created_date":"2016-06-24T00:00:00"}
