FRACTAL AND ENTROPY ANALYSIS OF NIGERIAN ALL SHARE INDEX (ASI) AND GROSS DOMESTIC PRODUCT (GDP)
 /  FRACTAL AND ENTROPY ANALYSIS OF NIGERIAN ALL SHARE INDEX (ASI) AND GROSS DOMESTIC PRODUCT (GDP)

FRACTAL AND ENTROPY ANALYSIS OF NIGERIAN ALL SHARE INDEX (ASI) AND GROSS DOMESTIC PRODUCT (GDP)

Fuwape, I. A., and Ogunjo, S. T.

ABSTRACT
Nigeria is one of the fastest growing economy in the world. This study aims to investigate the dynamics of two important economic indices in Nigeria – All Share Index (ASI) and Gross Domestic Product (GDP) using the Hurst and Entropy measures. Data used in this study were obtained from the Central Bank of Nigeria for the period 1981 – 2012. Results obtained indicates that the indices (GDP and ASI) show persistence and high disorder. Despite high disorder (randomness), the two indices show tendencies to grow in the future.

Conference Presentation
PDF, 140.3KB
Creative Commons LicenseCreative Commons license
Physical Sciences
Economics
Christian Bassey
10th April, 2017
10th April, 2017
http://oer.mciu.edu.ng/wp-content/uploads/2015/04/72-Prof-fuwape.pdf


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MICHAEL AND CECILIA IBRU UNIVERSITY

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Delta State
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