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IMPACT OF MOBILE MONEY ON PRICES AND OUTPUT IN NIGERIA

Samuel Orekoya ()
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Samuel Orekoya: Department of Economics, University of Ibadan

Journal of Economic and Sustainable Growth 1

Abstract: This paper examines the impact of mobile money on prices and output in Nigeria between 2008M1 to 2016M12. Using mobile money payment (MM) as a proxy for mobile money transaction, the structural vector auto-regressive (SVAR) model was adopted to test for the response of money supply (M2), consumer price index (CPI) and real gross domestic product (RGDP) to shocks from mobile money. The result shows that output responds positively to positive shocks from mobile money.

Keywords: Economic Growth; ICT; innovation assimilation; companies; Economic Growth; Mobile Money (search for similar items in EconPapers)
JEL-codes: R10 (search for similar items in EconPapers)
Date: 2018-06
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