Bilateral Trade Talk between Nigeria and India: A Recipe
AbstractThis paper on bilateral trade talk between Nigeria and India: a recipe seeks to assess the impact of exogenous factors on bilateral trade flows between the two countries. Gravity model of bilateral trade flow with import and export as regressands were estimated with income, exchange rate and index of openness as regressors in the import demand and export supply models. Results show that all the three variables were strong drivers of bilateral trade flows for India, to the exclusion of Nigeria in both models. This unveils the need for Nigeria reassesses its position in the bilateral relationship.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 46682.
Date of creation: 26 Nov 2007
Date of revision: 13 Dec 2008
Publication status: Published in Nigerian Journal of International Affairs Volume 34, Number 1. pp. 93 – 104..Vol 34(2008): pp. 93-104
Bilateral trade; Gravity model; income; exchange rate; index of openness;
Find related papers by JEL classification:
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F15 - International Economics - - Trade - - - Economic Integration
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