International records / OpenAlex research

Balance of Payments and Manufacturing Sector Performance in Nigeria

The study analyses balance of payments and the manufacturing sector performance in Nigeria from 1985 to 2022. The study aimed to evaluate the effect of balance of payments proxied by current count balance, net financial account balance and total reserves on the manufacturing sector performance measured by manufacturing output. The time series data for the variables were obtained from the World Development Indicators. The data analysis techniques comprised of descriptive statistics, unit root test, bounds cointegration, Wald test, and autoregressive distributed lag (ARDL) estimation method. The…