This study evaluated the effect of bank consolidation on economic growth of Nigeria between the periods of 2006-2015. Secondary data were sourced from the Central Bank of Nigeria statistical bulletin and the NDIC Annual Reports between the period of 2006 and 2015. Data was analyzed using the Ordinary Least Square (OLS) multiple regression technique with the aid of the SPSS statistical software ...

T his paper examines the effect of factors on the development of commercial banking in Iraq. Seven factors used as determinates for financial depth which are per capita GDP, inflation rate, government budget deficit, share of state-owned banks of total assets as proxy of financial repression, oil sector domination, international trade openness and political stability as explanatory v...

Using a uniquely compiled database concerning rental prices of commercial real estates, which are property of the largest broker in the Netherlands, we examine if these prices have predictive value for quarterly economic growth. In contrast to related studies, we document that the mean price contains no relevant information, whereas other properties of the price distributions have. We show that...

Using three recent panel unit root methodologies, we strongly reject the unit root hypothesis for real per capita income for the 48 contiguous states from 1929 to 1995. The rate of convergence is sensitive to assumptions of the heterogeneity of the intercept, first order autoregressive coefficients, lag length and accommodating for a trend break after the 1973 oil shock.  2000 Elsevier Science...

This paper considers an application of the Markov switching vector error correction model to analysis long-run and short-run dependence Russian real GDP exchange on oil prices. An algorithm for estimation with a priori information state hidden chain in some periods time is provided. It shown that period 1999–2018 two different regimes are well defined: slow adjustment rate sharp reaction respon...

abstract t he relationship between public sector deficits and inflation is one of the important and controversial issues in the academic literature as well as in economic policy field. on the other hand, a major objective of macroeconomic policies is to foster economic growth and to keep inflation on a low level. so keeping the price stability plays an important role in determining the growth r...

development of financial markets as an important factor in the economic growth process always has been of interest to economists. the purpose of this paper is to study the relationship between regional financial development and economic growth. this study uses provincial annual data over the period 2000-2011 by using panel data technique. the panel co integration techniques have been used to te...