EXPORTS AND ECONOMIC GROWTH IN NIGERIA,1970-2006 (An Empirical Analysis Using Vector Autoregressive Modeling Approach)

EXPORTS AND ECONOMIC GROWTH IN NIGERIA,1970-2006 (An Empirical Analysis Using Vector Autoregressive Modeling Approach)

  • The Complete Research Material is averagely 116 pages long and it is in Ms Word Format, it has 1-5 Chapters.
  • Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
  • Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
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Abstract

The belief that exports is the engine of the growth process of any economy

seemed to have gained a high degree of acceptance in the Nigerian state.

This is evident in the number of trade policy reforms and exports promotion

programmes/measures since 1986 to date that the government had

adopted. However, previous Studies on Export Led Growth have generated

conflicting empirical evidence. This study attempts to contribute to resolve

this controversy, by using a non-structural Vector Autoregressive modeling

approach (VAR) to estimate the empirical relationship between exports and

economic growth in Nigeria. The findings of the study revealed that exports

(oil and non-oil) have had a significant but opposite dynamic impacts on

Nigerias economic growth. While the short and long run impact of oil

exports


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