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Vector Autoregressive Modeling of Exchange Rate, Interest Rate and Agricultural Prices in Nigeria

The study modelled the Interaction among Exchange rate, interest Rate and Agricultural Prices in Nigeria. In details, the study determined the effects of exchange rate and interest rate on agricultural prices (cocoa beans price, cotton prices) the effect of on agricultural prices. The study adopted an ex-post-facto design. The data for the study spanning from May 1991 to May 2022 was sourced from the Central Bank of Nigeria (CBN) statistical bulletin. Sequel to the pretest conducted, the study used the Vector Auto-Regression (VAR) Model. The results of the model estimation showed that all the …

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    from https://iiardjournals.org/get/IJEFM/VOL. 10 NO. 2 2025/Vector Autoregressive Modeling 116-133.pdf