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Determinants of Nigeria's Non-Oil Import Demand

Author

Listed:
  • Ichoku Hyacinth Eme

    (Centre for Demographic and Allied Research (CDAR) Department of Economics, University of Nigeria, Nsukka)

  • Nteegah Alwell

    (Department of Economics, University of Port Harcourt, Nigeria)

  • Ikpe Marius

    (Department of Economics, University of Nigeria, Nsukka)

Abstract

Primarily, the study assesses the determinants of non-oil import demand in ­Nigeria. This is aimed at measuring the relative strengths and nature of effects of the variables that determine Nigeria's non-oil import demand, and subsequently assessing the extent to which results are in conformity with those previously obtained on a wider aggregate of the Nigerian economy. An econometric method of analysis was employed. Results indicate deviations from the findings of earlier studies, as two key variables previously reported as significant (real exchange rate and real income) showed insignificant causational relationships in the model.

Suggested Citation

  • Ichoku Hyacinth Eme & Nteegah Alwell & Ikpe Marius, 2013. "Determinants of Nigeria's Non-Oil Import Demand," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 11(1), pages 79-100.
    • Handle: RePEc:seb:journl:v:11:y:2013:i:1:p:79-100
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Non-Oil Import Demand; Econometric Model; Static Specification; Insignificant Relationship; Nigerian Economy;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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