Record Details


Field	Value

ISSN	2522-2465 2415-0304

Authentication Code	dc

Title Statement	Macroeconomic Analysis of Export Diversification in Nigeria

Personal Name	Iyoboyi, Martins Lecturer, Department of Economics and Development Studies, Federal University, Dustin-Ma, Nigeria

Summary, etc.	In this paper, the Theil index was utilized to study the impact of macroeconomic variables on diversification in Nigeria for the period 1981-2015, using the bounds test approach to cointegration on data generated from secondary sources. Cointegration was found to exist between the economic diversification indicators and associated variables. We also found that capital formation, real effective exchange rate, domestic credit to private sector and foreign direct investment promote diversification. Government efforts in Nigeria should be geared towards diversifying the economy using oil revenue, promote foreign direct investment in the non-oil sector, provide fixed capital, encourage the flow of credit to the private sector, and implement a cautious exchange rate regime.

Publication, Distribution, Etc.	Department of Economics - University of Management and Technology

Electronic Location and Access	application/pdf https://ojs.umt.edu.pk/index.php/eer/article/view/147

Data Source Entry	Empirical Economic Review; Vol 2 No 1 (2019): Summer 2019

Language Note	eng

Terms Governing Use and Reproduction Note	##submission.copyrightStatement##

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