’s economic growth over the period of 1970 to 2006. The Johansen and Juselius (1990) cointegration test was used to investigate …

testing approach to cointegration is employed to test the causal relationship between industrial production, exports and terms …

of comparable VAR that fails to recognize that the system is characterized by cointegration. I use Monte Carlo simulation … knowledge of cointegration rank. Furthermore the results indicate that a cointegration modeling of credit risk should be favored …

of comparable VAR that fails to recognize that the system is characterized by cointegration. I use Monte Carlo simulation … knowledge of cointegration rank. Furthermore the results indicate that a cointegration modeling of credit risk should be favored …

This study critically examines the implications of capital flight on investment growth in Nigeria between 1970 and 2006 … Augmented Engle-Granger (AEG) co-integration test employed to investigate the dynamic relationship between capital flight and … investment level in Nigeria, revealed that there exist long-run interaction. Though, capital flight was found to exert positive …

How well does the monetary exchange rate model explain exchange rate behaviour in Nigeria? Using the Johansen -Juselius … (1990) and Johansen (1991) cointegration technique, this paper examines the long-run validity of the monetary exchange rate … model in Nigeria for the flexible exchange rate regime with quarterly data covering the period 1987 to 2008. We found a …

from 1970 to 2012. The methodology employed uses several econometric techniques such as unit root tests, cointegration … economy that relies heavily on the crude oil revenue and also imports from abroad. The result of cointegration analysis …

This paper examines the dynamic causal linkages between electricity consumption and economic growth in Nigeria within a … hypothesis, as documented in the literature. The paper urges policy-makers in Nigeria to implement policies which enhance the …

understanding of the factors underlying the bulk of economic fluctuations in Nigeria. …