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.
- Language
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Englisch
- Bibliographic citation
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Journal: CBN Journal of Applied Statistics ; ISSN: 2476-8472 ; Volume: 05 ; Year: 2014 ; Issue: 1 ; Pages: 121-141 ; Abuja: The Central Bank of Nigeria
- Classification
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Wirtschaft
Empirical Studies of Trade
One, Two, and Multisector Growth Models
- Subject
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Foreign Trade
Economic Growth
VAR
Nigeria
- Event
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Geistige Schöpfung
- (who)
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Arodoye, Nosakhare L.
Iyoha, Milton A.
- Event
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Veröffentlichung
- (who)
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The Central Bank of Nigeria
- (where)
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Abuja
- (when)
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2014
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Arodoye, Nosakhare L.
- Iyoha, Milton A.
- The Central Bank of Nigeria
Time of origin
- 2014
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