Public debt and inflation nexus in Nigeria: An ARDL bounds test approach
نویسندگان
چکیده
Inflationary tendencies of public debt have been the cause an unsettling debate among policymakers in Nigeria. Using autoregressive distributed lag (ARDL) framework, this study attempts to investigate impact total on inflation Nigeria for period 1983–2018. The cointegrating regression results reveal evidence a stable long-run relationship inflation, debt, money supply, interest rate, economic growth, trade openness, and private investment presence structural breaks. Empirical show that is statistically insignificant, irrespective whether was short or long run. Hence, concludes could be driven by other factors than debt.
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ژورنال
عنوان ژورنال: Cogent economics & finance
سال: 2021
ISSN: ['2332-2039']
DOI: https://doi.org/10.1080/23322039.2021.1921905