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- W2969484002 abstract "This study examined the factors determinants of domestic savings in Nigeria from the period of 1981-2017 using Engel and Granger approach to co-integration and parsimonious ECM analysis technique to test for the existence of relationship between the variables of this study and causal impacts. The result found that interest rate exerts negative impact on domestic savings which co-exist with positive impact of foreign exchange rate, investment rate and per capita income on domestic savings in the short-run. There is a long run feed-back from the determinants in the long run the error correction term. We therefore recommend, among others the need for government in Nigeria to direct their policy towards improving the lending and savings rates and increase per capita income level of the populace, thus stimulate savings for investment and economic growth." @default.
- W2969484002 created "2019-08-29" @default.
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- W2969484002 date "2019-01-01" @default.
- W2969484002 modified "2023-09-28" @default.
- W2969484002 title "Determinants of Bank Savings Mobilizations in Nigeria. The Engel and Granger Approach" @default.
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