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Explaining Nigeria's import demand behaviour: a bound testing approach

  • M. Adetunji Babatunde
  • Festus O. Egwaikhide
Registered author(s):

    Purpose – The purpose of this paper is to present an empirical analysis of the aggregated import demand behavior for Nigeria using annual data between 1980 and 2006. Design/methodology/approach – The bounds test analysis was used to estimate the long-run relationship between imports and its determinants. Findings – Test results show that imports, income and relative prices are cointegrated. The estimated long-run elasticities of import demand with respect to income and relative prices are 2.48 and -0.133, respectively. Originality/value – These results suggest that the Marshall-Lerner condition are not satisfied for Nigeria.

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    File URL: http://www.emeraldinsight.com/journals.htm?issn=1446-8956&volume=9&issue=2&articleid=1865373&show=abstract
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    Article provided by Emerald Group Publishing in its journal International Journal of Development Issues.

    Volume (Year): 9 (2010)
    Issue (Month): 2 (July)
    Pages: 167-187

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    Handle: RePEc:eme:ijdipp:v:9:y:2010:i:2:p:167-187
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