Importance of Trade Liberalization in Economic Growth Accounting

How the trade liberalization influences economic growth is a subject of interest that has attracted a large number of researchers. This work investigates the importance of trade openness in accounting for the dynamics of per capita real income in Nigeria, during the period 1981-2015. This study makes use of the vector error correction model (VECM) as the method of estimation. The VECM is used in analyzing the short-run and long-run dynamics of economic variables, namely, gross domestic product per capita, oil rent, value-added of agriculture, human capital, gross capital formation and trade openness used as a proxy for trade liberalization.

Über den Autor / die Autorin

Francis Ekanem es nigeriano. Sus áreas de interés son la liberalización del comercio, el crecimiento económico y la ciencia.

Produktdetails

• Autoren: Francis Ekanem
• Verlag: LAP Lambert Academic Publishing
• Sprache: Englisch
• Produktform: Taschenbuch
• Erschienen: 19.08.2019
• EAN: 9786139916245
• ISBN: 9786139916245
• Seiten: 52
• Thema: Sozialwissenschaften, Recht,Wirtschaft > Wirtschaft > Volkswirtschaft