FINANCIAL LINKAGES IN THE NIGERIAN ECONOMY: AN EXTENDED MULTISECTORAL MODEL ON THE SOCIAL ACCOUNTING MATRIX
Author(s) -
Ahmed Irfan,
Socci Claudio,
Severini Francesca,
Yasser Qaiser Rafique,
Pretaroli Rosita
Publication year - 2018
Publication title -
review of urban & regional development studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.184
H-Index - 21
eISSN - 1467-940X
pISSN - 0917-0553
DOI - 10.1111/rurd.12081
Subject(s) - social accounting matrix , spillover effect , economics , key (lock) , economic system , matrix model , economy , macroeconomics , computable general equilibrium , ecology , physics , quantum mechanics , string (physics) , biology
This study constructs a social accounting matrix for Nigeria for 2010. An extended multisectoral model is calibrated to analyze the backward (power) and forward (sensitivity) dispersion to identify the key industries in the economy and their importance to other industries in the economy. The study identifies financial services as one of the key industries of the Nigerian economy, highlighting its greater importance and role in boosting economic growth. Several policy options may be simulated to investigate the spillover effects in the whole economy.
Accelerating Research
Robert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom
Address
John Eccles HouseRobert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom