Browsing by Author "Yilkudi, D. J."
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Item How much do trading partners matter for economic growth? by Vivek Arora and Athanasios Vamvakidis ++ - a review(Research Department, Central Bank of Nigeria., 2009-09) Yilkudi, D. J.The paper is a review of the paper "How much do trading partners matter for economic growth? by Vivek Arora and Athanasios Vamvakidis". The paper empirically examined the extent to which a country's longterm economic growth was influenced by the economic fortune of its trading partners. The study used panel data for over 100 countries to see if trading partners' growth had a strong effect on domestic growth. A strong relationship was found between the economic growth of a country and the economic conditions of its trading partners.Item The impact of lending rate on the manufacturing sector in Nigeria(Central Bank of Nigeria, Research Department., 2016-03) Akpan, D. B.; Yilkudi, D. J.; Opiah, D. C.The study investigates the impact of lending rate on output of the manufacturing subsector using the vector error correction model and annual data from 1981 - 2014. The empirical results indicated that high lending rate had negative impact on manufacturing output in the long-run. The study, therefore recommends the implementation of investment friendly policies that narrows, the lending rate by the deposit money banks in order to stimulate output growth in the manufacturing sub-sector and allow global competitiveness of products.