Onafowora, Olugbenga A. - In: Journal of Developing Areas 39 (2006) 2, pp. 153-174
This paper uses cointegration and vector error-correction techniques, Granger-causality tests and, generalized impulse response analysis to examine the ìtwin deficitsî phenomenon in Nigeria - a small open but oil dependent economy in Africa. We find evidence of positive relationship between...