The Estimation of Long-run Relationship between Economic Growth, Investment and Export in Nigeria.

  • Omoke P
N/ACitations
Citations of this article
7Readers
Mendeley users who have this article in their library.

Abstract

This paper attempts to estimate the relationship between economic growth, investments and export in Nigeria.The Johansen (1981) cointegration test and Granger causality test was employed to investigate the relationship of the variables for the period 1970-2005. The cointegration tests showed no long run relationship among the variables. However, the empirical result of the Granger causality test shows a bidirectional relationship between Investment (Inv) and Economic growth (Y) and also a bidirectional relationship between Investment and Export (Ex); but the result of the causation between Investment and growth was statistically insignificant.

Cite

CITATION STYLE

APA

Omoke, P. C. (2010). The Estimation of Long-run Relationship between Economic Growth, Investment and Export in Nigeria. International Journal of Business and Management, 5(4). https://doi.org/10.5539/ijbm.v5n4p215

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free