Contents of the volume

2018, Volume 71 - Issue 4

ISSN: 2499-8265
RSS feed citation: At RePEc
Publication date: 07 November 2018

IMPACT OF TRADE OPENNESS ON ECONOMIC GROWTH: EMPIRICAL EVIDENCE FROM SOUTH AFRICA

Malefa Rose Malefane, Nicholas M. Odhiambo

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TRADE OPENNESS AND ECONOMIC GROWTH IN SADC COUNTRIES

Clement Zibusiso Moyo, Hlalefang Khobai

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CAUSALITY TESTING BETWEEN TRADE OPENNESS, FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH: FRESH EVIDENCE FROM SUB-SAHARAN AFRICAN COUNTRIES

Olabode E. Olabisi, Evan Lau

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OUTPUT FLUCTUATIONS IN NIGERIA

Oluremi Ogun

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PUBLIC AND PRIVATE INVESTMENT AND ECONOMIC GROWTH IN ZAMBIA: A DYNAMIC APPROACH

Garikai Makuyana, Nicholas M. Odhiambo

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Genoa Chamber of Commerce
Economia Internazionale / International Economics

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Corresponding author

Oluremi OGUN, University of Ibadan, Ibadan, Nigeria

Output Fluctuations in Nigeria

Pages

465-502

Abstract

This study investigates the macroeconomic sources of output fluctuations in Nigeria. The study was conducted within the context of stabilization policies. The analysis covered the period, 1960 to 2013. Typical of the macroeconomic sources investigated were monetary, fiscal, trade and external sector allied issues as well as strictly exogenous developments. Two analytical approaches were applied to detrended data series in the study. The outcome of the exercise suggested policy directions with narrow money and foreign real interest rate pinpointed as the principal causes of output fluctuations. An optimal response of policy to cycles originating outside the economy was also outlined.

JEL classification

E00, E30

Keywords

Macroeconomic Theory, Business Cycles

Index

  1. Introduction
  2. Macroeconomic environment and dynamics
  3. Linked literature
  4. Framework of analysis, methodology and preliminary data analysis
  5. The results and interpretations
  6. Concluding observations

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