{"id":"https://openalex.org/W2886531019","doi":"https://doi.org/10.12691/jfe-6-3-5","title":"Analysis of the Impacts of Domestic Debts on Private Sector Credit, Lending Rate, and Real Output: Evidence from Nigeria","display_name":"Analysis of the Impacts of Domestic Debts on Private Sector Credit, Lending Rate, and Real Output: Evidence from Nigeria","publication_year":2018,"publication_date":"2018-07-31","ids":{"openalex":"https://openalex.org/W2886531019","doi":"https://doi.org/10.12691/jfe-6-3-5","mag":"2886531019"},"language":"en","primary_location":{"id":"mag:2886531019","doi":"https://doi.org/10.12691/jfe-6-3-5","is_oa":false,"landing_page_url":"http://pubs.sciepub.com/jfe/6/3/5/index.html","pdf_url":null,"source":{"id":"https://openalex.org/S2764941960","display_name":"Cai-jing yanjiu","issn_l":"1001-9952","issn":["1001-9952"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4323972344","host_organization_name":"Shanghai University of Finance and Economics","host_organization_lineage":["https://openalex.org/P4323972344"],"host_organization_lineage_names":["Shanghai University of Finance and Economics"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Cai-jing yanjiu","raw_type":null},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5043591605","display_name":"Aniekan O. Akpansung","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Aniekan O. Akpansung","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5043591605"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":2.1953,"has_fulltext":false,"cited_by_count":9,"citation_normalized_percentile":{"value":0.89767991,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"6","issue":"3","first_page":"111","last_page":"123"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.7484999895095825,"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":0.7484999895095825,"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/T11621","display_name":"Fiscal Policies and Political Economy","score":0.23960000276565552,"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"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.0044999998062849045,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/domestic-debt","display_name":"domestic debt","score":0.9110000133514404},{"id":"https://openalex.org/keywords/public-debt","display_name":"public debt","score":0.7289999723434448},{"id":"https://openalex.org/keywords/private-sector-credit","display_name":"private sector credit","score":0.996999979019165},{"id":"https://openalex.org/keywords/bank-lending-rates","display_name":"bank lending rates","score":0.7250000238418579},{"id":"https://openalex.org/keywords/prime-interest-rate","display_name":"prime interest rate","score":0.9810000061988831},{"id":"https://openalex.org/keywords/real-output","display_name":"real output","score":0.9869999885559082},{"id":"https://openalex.org/keywords/government-borrowing","display_name":"government borrowing","score":0.546999990940094},{"id":"https://openalex.org/keywords/personal-savings","display_name":"personal savings","score":0.7269999980926514},{"id":"https://openalex.org/keywords/fiscal-policy","display_name":"fiscal policy","score":0.6510000228881836},{"id":"https://openalex.org/keywords/nigeria","display_name":"Nigeria","score":0.8489999771118164}],"concepts":[{"id":"https://openalex.org/C121426985","wikidata":"https://www.wikidata.org/wiki/Q591763","display_name":"Private sector","level":2,"score":0.6977462768554688},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.6284091472625732},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.6006374955177307},{"id":"https://openalex.org/C133029050","wikidata":"https://www.wikidata.org/wiki/Q385593","display_name":"Vector autoregression","level":2,"score":0.5945687294006348},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5923188924789429},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5405750274658203},{"id":"https://openalex.org/C2778489760","wikidata":"https://www.wikidata.org/wiki/Q12695","display_name":"Government debt","level":3,"score":0.4971311390399933},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.4632146954536438},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.4330298900604248},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.42746978998184204},{"id":"https://openalex.org/C181683161","wikidata":"https://www.wikidata.org/wiki/Q7301159","display_name":"Real gross domestic product","level":2,"score":0.4105954170227051},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.37948596477508545},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.286790132522583},{"id":"https://openalex.org/C50522688","wikidata":"https://www.wikidata.org/wiki/Q189833","display_name":"Economic growth","level":1,"score":0.08121547102928162},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:2886531019","doi":"https://doi.org/10.12691/jfe-6-3-5","is_oa":false,"landing_page_url":"http://pubs.sciepub.com/jfe/6/3/5/index.html","pdf_url":null,"source":{"id":"https://openalex.org/S2764941960","display_name":"Cai-jing yanjiu","issn_l":"1001-9952","issn":["1001-9952"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4323972344","host_organization_name":"Shanghai University of Finance and Economics","host_organization_lineage":["https://openalex.org/P4323972344"],"host_organization_lineage_names":["Shanghai University of Finance and Economics"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Cai-jing yanjiu","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Decent work and economic growth","score":0.48510000109672546,"id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W3167912000","https://openalex.org/W2624716980","https://openalex.org/W7135326684","https://openalex.org/W3123152410","https://openalex.org/W4225249735","https://openalex.org/W4293864939","https://openalex.org/W2358408199","https://openalex.org/W2591900417","https://openalex.org/W7219969138","https://openalex.org/W7115073539"],"abstract_inverted_index":{"It":[0],"is":[1],"commonly":[2],"held":[3],"that":[4,81],"excessive":[5],"domestic":[6,51,83],"debt":[7,84],"reduces":[8],"private":[9,25,28,54,92],"sector":[10,26,55,93],"credit,":[11,56],"raise":[12],"bank":[13],"lending":[14,58,97],"rates,":[15],"and":[16,35,48,60,67,95,99,119],"shrink":[17],"output":[18,62,107],"as":[19],"the":[20,24,45,71,111,115],"Government":[21,82],"competes":[22],"with":[23],"for":[27],"savings.":[29],"Using":[30],"multivariate":[31],"vector":[32],"autoregression":[33],"approach":[34],"annual":[36],"time":[37],"series":[38],"data":[39],"spanning":[40],"1981-2016,":[41],"this":[42],"paper":[43],"analysed":[44],"dynamic":[46],"interactions":[47],"impacts":[49,89],"of":[50,70],"debts":[52],"on":[53,90,105],"prime":[57,96],"rate,":[59,98],"real":[61,106],"in":[63,108],"Nigeria.":[64],"The":[65],"stability":[66],"higher-order":[68],"dynamics":[69],"VAR":[72],"model":[73],"were":[74],"also":[75],"examined.":[76],"Our":[77],"results":[78],"provide":[79],"evidence":[80],"exerted":[85],"statistically":[86,101],"insignificant":[87],"positive":[88],"both":[91],"credit":[94],"a":[100],"significant":[102],"negative":[103],"impact":[104],"Nigeria":[109],"during":[110],"period":[112],"covered":[113],"by":[114],"study.":[116],"Policy":[117],"implications":[118],"recommendations":[120],"have":[121],"been":[122],"proffered.":[123]},"counts_by_year":[{"year":2025,"cited_by_count":2},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":2}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2018-08-22T00:00:00"}
