Artikel

Foreign trade-economic growth nexus: Evidence from Nigeria

This study examines the nexus between foreign trade and economic growth in Nigeria using quarterly time-series data for 1981Q1 through 2010Q4. In order to fully account for feedbacks, a vector autoregressive model is utilized. The results show that there is a stable, long- run relationship between foreign trade and economic growth. The variance decomposition results show that the predominant sources of Nigeria economic growth variation are due largely to "own shocks" and foreign trade innovations. The study therefore recommends adoption of trade expansion policies as a means of accelerating economic growth in Nigeria.

Sprache
Englisch

Erschienen in
Journal: CBN Journal of Applied Statistics ; ISSN: 2476-8472 ; Volume: 05 ; Year: 2014 ; Issue: 1 ; Pages: 121-141 ; Abuja: The Central Bank of Nigeria

Klassifikation
Wirtschaft
Empirical Studies of Trade
One, Two, and Multisector Growth Models
Thema
Foreign Trade
Economic Growth
VAR
Nigeria

Ereignis
Geistige Schöpfung
(wer)
Arodoye, Nosakhare L.
Iyoha, Milton A.
Ereignis
Veröffentlichung
(wer)
The Central Bank of Nigeria
(wo)
Abuja
(wann)
2014

Handle
Letzte Aktualisierung
20.09.2024, 08:21 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Arodoye, Nosakhare L.
  • Iyoha, Milton A.
  • The Central Bank of Nigeria

Entstanden

  • 2014

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