The Effect of Export Earnings Fluctuations on Capital Formation in Nigeria.

This study explored the association between export earnings fluctuations and capital formation in Nigeria. Using a reduced form equation built around the flexible accelerator model and adopting a cointegration technique, it discovered that the current level of export earning fluctuations adversely impinges on investment (that is, the change in capital stock) in the short run.

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Year of publication:	2000
Authors:	Akpokodje, D.
Institutions:	African Economic Research Consortium
Subject:	TRADE \| CAPITAL MARKET \| INVESTMENTS

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Series:	African Economic Research Consortium.
Type of publication:	Book / Working Paper
Notes:	33 pages
Classification:	F14 - Country and Industry Studies of Trade ; O55 - Africa ; F10 - Trade. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005669399