ECONOMETRIC ANALYSIS OF EXPORTS AND ECONOMIC GROWTH IN NIGERIA

Okodua, Henry and 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 ISSN 2284-6093

PDF Download (290kB)

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 product 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 > H Social Sciences (General) H Social Sciences > HB Economic Theory
Divisions:	Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User:	Dr. Henry Okodua
Date Deposited:	13 Apr 2015 09:13
Last Modified:	13 Apr 2015 09:13
URI:	http://eprints.covenantuniversity.edu.ng/id/eprint/4876

Actions (login required)

View Item