Empirical Evidence of Export Responses to Exchange Rate Volatility in Nigeria

ABSTRACT

Following the economic importance of export promotion for improved current account balance of an economy’s balance of payment, this study examines the export responses to exchange rate volatility in Nigeria. The research built a VAR model transformed to VECM as well as ARCH and GARCH model and found out that exchange rate volatility has a long – term negative effect on Nigeria exports. The result calls for policy actions to tackle rising exchange rate volatility. The research suggests emphasis on policies and mechanism that will ensure more stability of exchange rate in Nigeria

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APA

GOSPEL, U (2021). Empirical Evidence of Export Responses to Exchange Rate Volatility in Nigeria. Afribary. Retrieved from https://afribary.com/works/empirical-evidence-of-export-responses-to-exchange-rate-volatility-in-nigeria

MLA 8th

GOSPEL, URUAKPA "Empirical Evidence of Export Responses to Exchange Rate Volatility in Nigeria" Afribary. Afribary, 21 Apr. 2021, https://afribary.com/works/empirical-evidence-of-export-responses-to-exchange-rate-volatility-in-nigeria. Accessed 07 May. 2024.

MLA7

GOSPEL, URUAKPA . "Empirical Evidence of Export Responses to Exchange Rate Volatility in Nigeria". Afribary, Afribary, 21 Apr. 2021. Web. 07 May. 2024. < https://afribary.com/works/empirical-evidence-of-export-responses-to-exchange-rate-volatility-in-nigeria >.

Chicago

GOSPEL, URUAKPA . "Empirical Evidence of Export Responses to Exchange Rate Volatility in Nigeria" Afribary (2021). Accessed May 07, 2024. https://afribary.com/works/empirical-evidence-of-export-responses-to-exchange-rate-volatility-in-nigeria