The Primary Sectors of the Economy and the Dutch Disease in Nigeria
J. O. Olusi and
M. A. Olagunju
Additional contact information
J. O. Olusi: Department of Economics, Obafemi Awolowo University, Ile-Ife, Nigeria.
M. A. Olagunju: Department of Economics, Obafemi Awolowo University, Ile-Ife, Nigeria.
The Pakistan Development Review, 2005, vol. 44, issue 2, 159-175
This study examines whether the Dutch Disease—a resource boom leading to the decline of the erstwhile tradable sector—is present in Nigeria in the light of the rejection of the Dutch Disease thesis in other studies on Nigeria. Quarterly data for our variables of interest were predominantly sourced from the International Financial Statistics of the IMF. The data are analysed through the use of vector autoregressive (VAR) modelling consisting of impulse response functions and variance decomposition analyses. Our results show that the Dutch Disease was diagnosed, albeit, as a delayed occurrence. This suggests that the government should lay more emphasis on the agricultural sector hitherto not given deserved attention.
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pid:journl:v:44:y:2005:i:2:p:159-175
Access Statistics for this article
More articles in The Pakistan Development Review from Pakistan Institute of Development Economics Contact information at EDIRC.
Series data maintained by Khurram Iqbal ().