Econometric Analysis of Exports and Economic Growth in Nigeria

Ewetan , O. O. (2013) Econometric Analysis of Exports and Economic Growth in Nigeria. Journal of Business Management and Applied Economics, 2 (3). pp. 1-14. ISSN 2284-6093

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Abstract

There is no consensus in the empirical literature on the causal links between exports and economic growth. This paper therefore examines the applicability of the Export-Led Growth hypothesis for Nigeria using annual secondary time series data from 1970-2010. The estimation results obtained from the cointegration test and granger causality test within the framework of a VAR model did not support the Export-Led Growth hypothesis for Nigeria. The paper concludes that government must diversify the productive base of the economy, promote non-oil exports, and build up an efficient service infrastructure to drive private domestic and foreign investment

Item Type:	Article
Subjects:	H Social Sciences > HB Economic Theory
Divisions:	UNSPECIFIED
Depositing User:	Dr O. O Ewetan
Date Deposited:	28 Mar 2014 20:44
Last Modified:	28 Mar 2014 20:44
URI:	http://eprints.covenantuniversity.edu.ng/id/eprint/2319

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