An Empirical Analysis of the Impact of Exchange Rate Devaluation on Trade Balance of Nigeria: Vector Error Correction Model Approach
Eze Onyebuchi Michael & Atuma Emeka · Asian Journal of Economics, Business and Accounting · 2017
The study empirically investigated the impact of exchange rate devaluation on trade balance of Nigeria for the period 1980-2015. Specifically, it tested the Marshall-Lerner (ML) conditions for Nigeria’s case to see whether it is satisfied. ML condition states that nominal exchang...
Open access
Research Article
10.9734/AJEBA/2017/33355