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Re-examining the Relationship between Inflation, Exchange rate and Economic Growth in Nigeria

The Journal of Accounting and Management

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Title Re-examining the Relationship between Inflation, Exchange rate and Economic Growth in Nigeria
 
Creator Adekunle, Ahmed Oluwatobi; University of Ilorin, Nigeria
 
Subject ARDL, Exchange rate, Inflation, Economic growth
 
Description This paper re-examining the relationship between inflation, exchange rate and economic growth in Nigeria. The study used annual time series data from 1981 to 2016 sourced from Central Bank of Nigeria Statistical Bulletin (CBN). The study employed ARDL Model to test for short and long run relationship among the variables. The empirical results show that there is long run relationship among the variables. The short run result reveals that only inflation has a negative relationship with economic growth in Nigeria. The indirect relationship between inflation and economic growth requires urgent attention by government because variation in exchange rate translate to export and import of goods and services will be associated with inflation as the fluctuation in exchange rate leads to upward and downward trend in price.
 
Publisher The Journal of Accounting and Management
 
Contributor
 
Date 2019-01-21
 
Type Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journals.univ-danubius.ro/index.php/jam/article/view/4620
 
Source The Journal of Accounting and Management; Vol 8, No 2 (2018): JAM
 
Language en
 
Rights The author fully assumes the content originality and the holograph signature makes him responsible in case of trial.