Shuaibu, Mohammed Isa; Fatai, Basiru Oyeniran - In: Journal of Reviews on Global Economics 3 (2014), pp. 228-240
In this paper, we reassess the traditional import demand function and an augmented version that includes volatility of external reserves and oil revenue inflows as explanatory variables. In each version, we examine the role of regime shifts on the stability of Nigeria’s import demand function...