Trade Openness And Output Growth In Nigeria

152 pages Chapters 5 ID: ECO0055

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Project Details

DepartmentEconomics
TypeProject
Pages152
Chapters5
MethodologyOrdinary Least Square (OLS) Method
Reference StyleYES
FormatMS Word & PDF
Reference No.ECO0055

Abstract

:AN ECONOMETRIC ANALYSIS (1970-2007)ABSTRACTThis research work studies the international competitiveness of the Nigerian economy in the global market by analyzing the relationship between trade openness and output growth in Nigeria. Using time-series data over the period 1970-2007, we show that output growth of the Nigeria economy is a function of two sets of shocks; (i) external shocks (openness and real exchange rate) and (ii) internal shocks (real interest rate and unemployment rate). A non-monotonic and an ANCOVA econometric models are postulated in  order to capture the structural pa…

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Pages152
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