Record Details

MONETARY POLICY AND TELECOMMUNICATION OUTPUT IN NIGERIA

J-MACC : Journal of Management and Accounting

View Archive Info
 
 
Field Value
 
ISSN 2620-9756
2620-6951
 
Authentication Code dc
 
Title Statement MONETARY POLICY AND TELECOMMUNICATION OUTPUT IN NIGERIA
 
Added Entry - Uncontrolled Name Akinde, John Abiodun
Oludayo, Elijah
Adekunle Ajasin University
Adekunle Ajasin University
 
Summary, etc. Different policies impact on the growth of the telecommunication sector in Nigeria. One of these policies which influence the expansion or contraction of the telecommunication output is monetary policy. To this end, this research examined the effect of monetary policy on telecommunication output in Nigeria. For the purpose of analysis, time series secondary data were sourced from Central Bank of Nigeria (CBN) statistical bulletin covering the periods1986 to 2018. Autoregressive Distributed Lag (ARDL) technique was employed after examining the stationarity of the data series using Augmented Dickey-Fuller technique. The bound co-integration test revealed that there is long run equilibrium between the monetary policy variables employed and telecommunication output. The ARDL result revealed that money supply had significant and positive effect on telecommunication output in the short and long run; liquidity ratio produced an insignificant and negative relationship with telecommunication output in the short run and insignificant positive effect in the long run; exchange rate had insignificant negative effect in the short run and a significant positive effect on telecommunication output in the long run; consumer price index had significant negative influence on telecommunication outputboth in the short run and long run. The study concluded that monetary policy stimulates telecommunication output in Nigeria. Thus, it was recommended that the monetary authority should pursue an expansionary monetary policy to sustain the positive influence of money supply on telecommunication output in Nigeria while rolling out policy to reduce the liquidity ratio of banks in the short run but increase it in the long run so that the long term favourable effect of liquidity ratio can be felt on telecommunication output.  
 
Publication, Distribution, Etc. Fakultas Ekonomi Universitas Islam Darul Ulum Lamongan
 
Electronic Location and Access application/pdf
http://e-jurnal.unisda.ac.id/index.php/J-MACC/article/view/2070
 
Data Source Entry J-MACC : Journal of Management and Accounting; Vol 3 No 2 (2020): Oktober
 
Language Note eng
 
Terms Governing Use and Reproduction Note ##submission.copyrightStatement##