The Effect of Trade on Human Performances in Nigeria

Olawunmi Omitogun (), Adedayo Emmanuel Longe () and Shehu Muhammad ()
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Olawunmi Omitogun: Department of Economics Olabisi Onabanjo University, Ago-Iwoye, Ogun State, Nigeria
Adedayo Emmanuel Longe: Department of Economics Olabisi Onabanjo University, Ago-Iwoye, Ogun State, Nigeria
Shehu Muhammad: Department of Social Sciences, Federal Polytechnic, Bida, Niger State, Nigeria

Business & Management Compass, 2018, issue 1, 46-58

Abstract: This study investigates the impact of trade on human performances in Nigeria using various econometric techniques to analyse the data from 1970-2015. It was observed from the findings that trade and interest rate had a positive impact on human performances in the economy, while price index and exchange rate had a negative impact on human performances in the economy. On the overall, it was observed that the independent variables are capable of correcting about 20% of deviations in human performances back to equilibrium in the long-run. The study therefore concludes that trade activities are a significant factor of human performances in the economy and also prices and currency value are recognized in human performances in the economy. The study recommends that policies towards trade activities in the economy should be further reviewed to increase human performances in the economy as it is found significant therewithin.

Keywords: Trade; Human Performance; VECM (search for similar items in EconPapers)
JEL-codes: F1 I31 (search for similar items in EconPapers)
Date: 2018
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