Federal finance and statistics / Central Bank of Nigeria

Twin Deficits in Nigeria: Where Does the Exchange Rate Fit?

This study investigates the twin deficits hypothesis for Nigeria while accounting for the role of exchange rate. The study utilises annual data series spanning 1981 to 2019 and the ARDL modelling technique for the estimations. Among other findings, the study reveals the existence of a bi-directional causation between current account deficit and fiscal deficit. Similarly, a positive relationship was seen to exist between current account balance and fiscal balance in both the short-run and lo | Keywords: Exchange Rate, Fiscal Deficit, Current Account Deficit

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Source	Central Bank of Nigeria
Collection	Federal finance and statistics
Kind	Document
Publisher	Central Bank of Nigeria
Date	2023-11-17
Type	document
Found at	https://www.cbn.gov.ng/api/GetAllDocuments
Archived copy	Look it up in the Wayback Machine
Record ID	`cbn:cbn:db2115cd1da89097`

Cite this record

Twin Deficits in Nigeria: Where Does the Exchange Rate Fit?. Central Bank of Nigeria, 2023. Vero Archive, record cbn:cbn:db2115cd1da89097.