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The present paper uses asymmetric cointegration and error-correction modeling where a nonlinear adjustment of the exchange rate yields results that are different than those yielded by linear models. We study cocoa imports for Turkey with advanced ARDL and nonlinear ARDL frameworks. Our findings...
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The paper analyses cocoa farmers' integration into global markets taking into account trade reforms in five cocoa producing countries. The analysis investigates price transmission mechanisms from world to domestic cocoa markets in the context of trade liberalizing policy reforms. The empirical...
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Nigeria for the period of 1981 to 2015. After establishing a long run relationship among the variables, the error correction … economic growth supporting the Keynesian and spend-tax hypothesis in Nigeria over the period of the study. We recommend that … the economy of Nigeria should be diversified into non-oil sector rather than relying solely on revenue from oil export. …
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