Covenant University Repository (Covenant University) · 2013 · 19 citations · 30 references
Social SciencesEconomicsEconometricsForeign Direct InvestmentTime Series AnalysisCointegration AnalysisEconomic GrowthGrowth TheoryTime Series EconometricsEconometric IdentificationEconomic Growth DynamicsEconomic Growth StrategyGranger Causality AnalysisInfrastructure As A ServiceTime Series Data Collection
There is no consensus in the empirical literature on the causal links between exports and economic growth. This paper therefore examines the applicability of the Export-Led Growth hypothesis for Nigeria using annual secondary time series data from 1970-2010. The estimation results obtained from the cointegration test and granger causality test within the framework of a VAR model did not support the Export-Led Growth hypothesis for Nigeria. The paper concludes that government must diversify the productive base of the economy, promote non-oil exports, and build up an efficient service infrastructure to drive private domestic and foreign investment
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Statistical analysis of cointegration vectors
Søren Johansen · Journal of Economic Dynamics and Control · 1988 · 16.8K citations
Business, Economics, Econometrics +13
Some recent development in a concept of causality
Clive W. J. Granger · Journal of Econometrics · 1988 · 3K citations