Foreign Trade-Foreign Exchange Nexus in Nigeria: A Vector Error Correction Modelling Approach
نویسندگان
چکیده
منابع مشابه
A Quarterly Foreign Trade Error Correction Model of China*
This paper applies dynamic specification approach and error correction model form to construct a quarterly foreign trade model of China at the aggregate level for the period of 1992-2004. The empirical results indicate China’s imports and exports depend on each other both in the long run and short run, which reflects the special and importance role of processing trade in China. Imports respond ...
متن کاملGrammatical Error Correction of English as Foreign Language Learners
This study aimed to discover the insight of error correction by implementing two correction systems on three Iranian university students. The three students were invited to write four in-class essays throughout the semester, in which their verb errors and individual-selected errors were corrected using the Code Correction System and the Individual Correction System. At the end of the study, the...
متن کاملMonetary policy and exchange rate overshooting in Iran: A Vector Errors Correction (VEC) approach
Assumption of exchange rate overshooting has significant position in international macroeconomic discussion. This phenomenon is one of the abnormal behaviors of exchange rate that happen in short run. Dornbusch (1976) shows that because speed of equilibrium prices is slow relative to asset markets and commodity prices are sticky in the short run, However, over time, commodity prices will rise a...
متن کاملExchange Rate Volatility and Foreign Capital Inflows in Nigeria (1990-2016), Cointegration, DOLS and Granger Causality Approach
The aim of this study is to examine the nexus between exchange rate volatility and foreign capital inflows in Nigeria. The results from the past empirical studies about this subject matter have been controversial, which has created a gap in the literature. The study extracted data from CBN Statistical Bulletin and UNCTAD investment report from 1990-2016. Consequently, the findings that emerged ...
متن کاملForeign Affairs and Trade
It is known that a theory in S5-epistemic logic with several agents may have numerous models. This is because each such model specifies also what an agent knows about infinite intersections of events, while the expressive power of the logic is limited to finite conjunctions of formulas. We show that this asymmetry between syntax and semantics persists also when infinite conjunctions (up to some...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Binus Business Review
سال: 2016
ISSN: 2476-9053,2087-1228
DOI: 10.21512/bbr.v7i1.1427