International records / OpenAlex research
Exchange Rate Policy and Non-Oil Exports in Nigeria: Evidence of Asymmetric Effects
This study is aimed at delineating the asymmetric effects of exchange rate policy on non-oil exports in Nigeria. Monthly time series data for the period, January 2008 to M, 2024, a total of 196 observations were obtained from Central Bank of Nigeria, Trading Economics and National Bureau of Statistics. The Cointegrating Nonlinear ARDL model with partial sum decomposition of exchange rates was employed. To capture the effect of other relevant macro-economic variables, relative prices, world income, and Nigeria’s foreign reserves representing its capacity to produce exports, entered the model as…
