Author: M. KwanashiePublisher:
ISBN:
Category : Exports
Languages : en
Pages : 88
Book Description
Exchange Rate, and Trade Liberalization, and Non-oil Exports in Nigeria
Author: M. KwanashieExchange Rate, and Trade Liberalization Policies, and the Promotion of Manufactured Exports in Nigeria
Author: Dynamics of Trade and Exchange Rate Policies, Macroeconomic Adjustment, and Economic Performance
Author: A. O. AdewuyiPublisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 78
Book Description
Exchange Liberalization
Author: Ade T. OjoPublisher:
ISBN:
Category : Foreign exchange rates
Languages : en
Pages : 74
Book Description
The Naira Exchange Rate Adjustment and the Promotion of Non-oil Exports in Nigeria
Author: A. 'Sesan AyodelePublisher: Nigerian Institute of Social and Economic Research (NISER), University of Ibadan
ISBN:
Category : Exports
Languages : en
Pages : 66
Book Description
Nigeria - U.S. Trade Relations in the Non-Oil Sector
Author: Gbadebo Olusegun OdularuPublisher: Universal-Publishers
ISBN: 1599427036
Category : Business & Economics
Languages : en
Pages : 199
Book Description
In as much as trade fosters economic development, it also exacerbates poverty, especially in the sub Saharan African (SSA) countries. Against this backdrop, this study will increase our understanding of the estimation of non-oil commodity trade flows between Nigeria and the U.S. More specifically, the study aims to analysing the impact of African Growth Opportunity Act (AGOA) on the U.S. imports of non-oil products from Nigeria. The research objectives are woven around the following questions: - What is the nature of Nigeria's and the U.S.'s foreign trade policies with particular reference to non-oil trade? - What are the patterns, magnitude, composition and trends in Nigeria-US non-oil trade? - Which economic sectors possess greatest potential for fostering trade in the non-oil sector between Nigeria and the U.S.? - What is the impact of AGOA on the diversification and growth of non-oil exports in Nigeria? This study adopts the difference-in-differences (DiD) as the research methodology. Within the Nigerian context, DiD intuitively compares the trends in imports of AGOA non-oil products before and after AGOA with the pattern of imports of non-AGOA non-oil products before and after AGOA, controlling for the timing of AGOA, import capacity and economic performance of both U.S. and Nigeria. Using the World Trade Organisation (WTO) Integrated Data Base (IDB), the empirical analysis reveals that AGOA non-oil products increased by as much as 182 percent with the implementation of AGOA, while the non-AGOA non-oil products fell by 76 percent. Conclusively, AGOA has had a considerably positive impact on the Nigerian non-oil sector at the general level. The policy implication of the empirical analysis is the need for the U.S. to expand the product coverage and opportunities of AGOA non-oil products in order for AGOA to achieve its objectives of using trade as a potent tool for promoting economic growth in SSA.
Exchange Rate Volatility and Export Trade in Nigeria
Author: Shehu Usman Rano AliyuPublisher:
ISBN:
Category :
Languages : en
Pages : 27
Book Description
The paper seeks to quantitatively assess the impact of exchange rate volatility on non oil export flows in Nigeria. Theoretically, volatility-trade link is ambiguous, although a strand of studies reported inverse link between export flow and volatility. The paper employed fundamental analysis where the flow of non oil exports from the Nigerian economy is assumed to be predicated on fundamental variables: the naira exchange rate volatility, the US dollar volatility, Nigeria's terms of trade (TOT) and index of openness (OPN). Empirical results showed presence of unit root at level, however, the null hypothesis of nonstationarity was rejected at first difference. Cointegration results revealed that a stable long run equilibrium relationship exists between non oil exports and the fundamental variables. Using quarterly observations for twenty years, vector cointegration estimate revealed that the naira exchange rate volatility decreased non oil exports by 3.65% while the same estimate for the US dollar volatility increased export of non oil in Nigeria by 5.2% in the year 2003. The paper recommends measures that would promote greater openness of the economy and exchange rate stability in the economy.
Nigeria's Exchange Rate Policy and Management
Author: Michael I. ObadanPublisher:
ISBN:
Category : Foreign exchange administration
Languages : en
Pages : 76
Book Description
Unanticipated Exchange Rate Variability and Nigeria's Agricultural Export Growth
Author: Godwin AkpokodjePublisher:
ISBN:
Category : Export marketing
Languages : en
Pages : 40
Book Description
Productivity, Market Structure, and Trade Liberalization in Nigeria
Author: Adeola F. AdenikinjuPublisher:
ISBN:
Category : Free trade
Languages : en
Pages : 60
Book Description