Disaggregated Impact Analysis of Trade on Growth: The Role of Financial Openness in Nigeria

This paper decomposes and estimates the impact of foreign trade on economic growth evaluates relevance financial openness in relationship Nigeria using annual time series data between 1987 2020. The key findings are that although positively drives growth, effect is due largely to contribution non-oil export component long run short run. This, however, does not rule out fact import over or overall value lead a high economy provided higher degree tolerated. In that, subject broadening scope openness, Nigeria’s participation international will result rapid both