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Monetary Policy and Export Diversification in Nigeria


  • Philip Ifeakachukwu Nwosa

    () (Department of Economics, Faculty of Social Sciences, Federal University Oye-Ekiti, Ekiti State. Nigeria)

  • Akinyemi Alao Ajibola

    (Department of Economics, Accounting and Finance, College of Management Sciences, Bells University of Technology, Ota, Ogun State, Nigeria)


This study examined the extent to which monetary policy has influenced export diversification in Nigeria for the period 1962 to 2014. The study employed descriptive and ordinary least squares techniques. The descriptive analysis revealed that the diversification exercise in Nigeria can only be expressed as average.

Suggested Citation

  • Philip Ifeakachukwu Nwosa & Akinyemi Alao Ajibola, 2018. "Monetary Policy and Export Diversification in Nigeria," Valahian Journal of Economic Studies, Sciendo, vol. 9(1), pages 17-28, April.
  • Handle: RePEc:vrs:vaecst:v:9:y:2018:i:1:p:17-28:n:2

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    monetary policy; export diversification; economic growth; Nigeria;

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • F31 - International Economics - - International Finance - - - Foreign Exchange


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