SMEs financing and Economic Development: Nigerian Government incentives (1999-2015)
Journal Title: Scholars Journal of Economics, Business and Management - Year 2017, Vol 4, Issue 8
Abstract
Abstract:This study assessed the impact of Nigerian government financial incentives on SMEs and growth of the economy between 1999 and 2015. Simple regression analysis was used to ascertain the significant effect of SMEs output on economic growth of the country. The variables used were Gross Domestic Product and Loan to Small/medium Businesses. The study revealed that government expenditure, loan and other credit facilities have significant impact on SMEs output in Nigeria the growth of the economy. It is therefore recommended that government should encourage stability in macroeconomic variables and employ such growth oriented and stabilization policies especially at macro level to induce economic growth and development of SMEs in Nigeria. Keywords:SMEs, Financial Incentives and Development of Economy
Authors and Affiliations
NwakobyNkiru Peace, Ajike Ada Kalu, Ezejiofor Raymond Asika
Keywords
Related Articles
- EP ID EP385073
- DOI -
- Views 143
- Downloads 0
An Investigation of the Relationship between Government Spending and Private Consumption in Kenya
Abstract:Over the past years, the relationship between government spending and private consumption remains one of the contentious issues in macroeconomics literature. The question of whether public expenditure is neutral...
A Study on Working Capital Management in Tamilnadu State Transport Corporation (Villupuram) Limited.
Transport industry is one of the key industries of nation’s economy. It transports person, goods and so on. Generally private transport services are given between two towns; where there is more demand in order to make pr...
The influence of training on business success: case of registered Small And Medium Scale Enterprises (SMES) in Kano State, Nigeria
Abstract: It has become a fact that training plays an important role in contributing to SMEs success that resulted in economic growth and sustainable development in Nigeria. The main objective of this study was to examin...
Compare and Enlightenment to China Enterprise Annuity Plan Tax Revenue System
Abstract: According to the World Bank forecast, in 2013, the Chinese mainland 60 years of age population for the first time more than 200million people, accounting for 14.9%，is expected in 2030 will reach 25%, by 2050,...
Identity and Women Entrepreneurship: Emerging Issues
Women entrepreneurship is a recent phenomenon in India. This study has been conducted to explore the issues of identity and women entrepreneurship from the perspectives of thriving, evolving and prospering small urban In...