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Effect of Selected Macroeconomic Variables on Manufacturing Sector Output in Nigeria

This study examines the effect of selected macroeconomic variables—exchange rate, interest rate, money supply, unemployment rate, and inflation rate—on the manufacturing sector output in Nigeria. The study employs an ex post facto research design and utilizes the Autoregressive Distributed Lag (ARDL) model for regression analysis to explore both short-run and long-run dynamics. The findings reveal that, in the long run, the exchange rate has a significant positive effect on manufacturing sector output in Nigeria, indicating that exchange rate stability fosters industrial growth. Conversely, in…

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from https://iiardjournals.org/get/IJEFM/VOL. 10 NO. 2 2025/EFFECT OF SELECTED MACROECONMIC 78-98.pdf
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Source	OpenAlex research
Collection	International records
Kind	Document
Publisher	INTERNATIONAL JOURNAL OF ECONOMICS AND FINANCIAL MANAGEMENT
Date	2026-08-21
Type	article
Details	openalex authorships.countries:NG,primary topic.subfield.id:3320\|3321\|3308\|1202\|3303\|3312\|2002\|2000\|2003 + local /\bnige
Found at	https://doi.org/10.56201/ijefm.v10.no2.2025.pg78.98
Archived copy	Look it up in the Wayback Machine
Record ID	`openalex:W7203933031`

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Effect of Selected Macroeconomic Variables on Manufacturing Sector Output in Nigeria. OpenAlex research, 2026. Vero Archive, record openalex:W7203933031.