Abstract:
With impulse responses test, this study found that economic growth proxied by growth responded to the shocks of domestic debt in both positive and negative direction using variables that found to be stationary at order one. The speed of adjustment of short term errors in the long run was seen to be one hundred percent using Vector Error Correction
Reference this Research Paper (copy & paste below code):
Ejem, Chukwu Agwu
(2019); Responses of Growth to Domestic Debt Stimuli in Nigeria; International Journal of Scientific and Research Publications (IJSRP)
9(9) (ISSN: 2250-3153), DOI: http://dx.doi.org/10.29322/IJSRP.9.09.2019.p9303