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Impact Of Mobile Money On Prices And Output In Nigeria

Author

Listed:
  • Samuel Orekoya, Phd

    (Department of Economics, University of Ibadan)

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.

Suggested Citation

  • Samuel Orekoya, Phd, . "Impact Of Mobile Money On Prices And Output In Nigeria," Journal of Economic and Sustainable Growth 1, Office Of The Chief Economist, Development Bank of Nigeria.
    • Handle: RePEc:dbn:vo1is1:1004
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    References listed on IDEAS

    as
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    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

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