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What is Financial Innovation about?

This document summarizes a research article that examines the impact of financial innovation on the performance of small and medium enterprises (SMEs) in Nigeria. The study employs an autoregressive distributed lag methodology on quarterly data of seven key financial innovation instruments in Nigeria from 2000 to 2017. The results indicate that financial innovation has had a positive and significant effect on SME productivity in both the short-run and long-run. Specifically, six of the seven financial innov

Author

MJ39

Language

EN