Exchange Rate Volatility and Sectoral Analysis of Non-Oil Export in Nigeria
| dc.contributor.author | Ajeigbe, Omowumi Monisola | |
| dc.date.accessioned | 2022-03-30T14:28:59Z | |
| dc.date.available | 2022-03-30T14:28:59Z | |
| dc.date.issued | 2021 | |
| dc.description.abstract | The paper seeks to assess the industry-based effect of exchange rate volatility on the export of non-oil sector in Nigeria. Theoretically and empirically, volatility-trade link is ambiguous. The paper employed bound test for co-integration between exchange rate volatility and exports of non-oil products. Empirically, the results show that we can accept the hypothesis of no co-integration between volatility and export of non-oil industries in most cases. Therefore, the study concludes that the exchange rate volatility can actually produce negative effect on non-oil export industries in the short-run especially the big industries (Agriculture, food and manufacturing) but this effect does not linger into the long-run and this suggests that most of these industries have been able to develop a mechanism to cope with exchange rate volatility problem in the long-run | en_US |
| dc.identifier.citation | LO Oyelami, OM Ajeigbe (2021) Exchange Rate Volatility and Sectoral Analysis of Non-Oil Export in Nigeria, Zagreb International Review of Economics & Business, 2021 | en_US |
| dc.identifier.issn | ISSN 1331-5609 | |
| dc.identifier.uri | http://dspace.run.edu.ng:8080/jspui/handle/123456789/2140 | |
| dc.language.iso | en | en_US |
| dc.publisher | Zagreb International Review of Economics & Business, | en_US |
| dc.relation.ispartofseries | Vol. 24;1 | |
| dc.subject | Volatility | en_US |
| dc.subject | Non-oil | en_US |
| dc.subject | Export | en_US |
| dc.subject | Nigeria | en_US |
| dc.title | Exchange Rate Volatility and Sectoral Analysis of Non-Oil Export in Nigeria | en_US |
| dc.type | Article | en_US |