response analysis to examine the ìtwin deficitsî phenomenon in Nigeria - a small open but oil dependent economy in Africa. We … deficits to budget deficits for Nigeria. An implicit policy implication of our findings is that attempts to reduce budget … deficits in Nigeria must begin with reductions in trade deficits which could be achieved through indirect monetary channels. …

This study critically examines the implications of capital flight on investment growth in Nigeria between 1970 and 2006 … investment level in Nigeria, revealed that there exist long-run interaction. Though, capital flight was found to exert positive …

the stability of Nigeria’s import demand function which has been ignored in previous studies. Our findings suggest the … Nigeria. However, when structural breaks were introduced, bi-directional causality is observed; indicating the critical role … of regime shifts in determining the stability of Nigeria’s import demand. The results make a case for diversifying …

This study has examined the causality relationship between oil consumption and economic growth in Nigeria during the … growth of Nigeria as any efforts to conserve oil will have a negative repercussion on economic growth. …

trade and manufacturing performance in Nigeria for the period 1970–2008. The results suggest that trade openness has a … significant positive impact on manufacturing productivity in Nigeria both in the short and long run. These coefficient estimates … are robust and stable over the time. Therefore, the policy direction for the manufacturing sector in Nigeria should focus …

This paper examines the relationship between capital market development and Nigeria’s economic growth using data …

How well does the monetary exchange rate model explain exchange rate behaviour in Nigeria? Using the Johansen -Juselius … model in Nigeria for the flexible exchange rate regime with quarterly data covering the period 1987 to 2008. We found a … strongly the validity of the monetary exchange rate model for Nigeria and also its relevance to modelling the naira-US dollar …

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 …

This study reformulated the aggregate import demand for Nigeria by including a financial variable (bank credit) into … for long term import demand in Nigeria. Thus, the financial variable should not be included in modelling the aggregate … import demand for Nigeria. …