Record Details

The BRICS and Nigeria’s Economic Performance: A Trade Intensity Analysis

Economy

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Field Value
 
Title The BRICS and Nigeria’s Economic Performance: A Trade Intensity Analysis
 
Creator Ekor, Maxwell
Adeniyi, Oluwatosin
Saka, Jimoh
 
Subject


 
Description The study examined Nigeria’s trading relationship with the individual BRICS (Brazil, Russia, India, China and South Africa) by applying a combination of descriptive and econometric techniques. The findings show that Nigeria’s trade intensity is highest with Brazil followed by trade with India and then South Africa. The outcome of the vector autoregressive analysis indicated that Nigeria’s gross domestic product (GDP) reverts faster to equilibrium when there is a shock to exports to and imports from Brazil, as against Nigeria exports to and imports from the other BRICS countries. A key policy implication of the results is that of all the BRICS countries, Brazil appears to have the most potential in terms of improving Nigeria’s trade position.
 
Publisher Asian Online Journal Publishing Group
 
Contributor
 
Date 2014-09-25
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article

 
Format application/pdf
 
Identifier http://www.asianonlinejournals.com/index.php/Economy/article/view/77
 
Source Economy; Vol 1, No 2 (2014); 37-53
2313-8181
2518-0118
 
Language eng
 
Relation http://www.asianonlinejournals.com/index.php/Economy/article/view/77/pdf_7
 
Coverage 0
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