Determinants of Nigeria's Non-Oil Import Demand

Ichoku Hyacinth Eme, Nteegah Alwell and Ikpe Marius
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Ichoku Hyacinth Eme: Centre for Demographic and Allied Research (CDAR) Department of Economics, University of Nigeria, Nsukka
Nteegah Alwell: Department of Economics, University of Port Harcourt, Nigeria
Ikpe Marius: Department of Economics, University of Nigeria, Nsukka

South-Eastern Europe Journal of Economics, 2013, vol. 11, issue 1, 79-100

Abstract: Primarily, the study assesses the determinants of non-oil import demand in ­Nigeria. This is aimed at measuring the relative strengths and nature of effects of the variables that determine Nigeria's non-oil import demand, and subsequently assessing the extent to which results are in conformity with those previously obtained on a wider aggregate of the Nigerian economy. An econometric method of analysis was employed. Results indicate deviations from the findings of earlier studies, as two key variables previously reported as significant (real exchange rate and real income) showed insignificant causational relationships in the model.

Keywords: Non-Oil Import Demand; Econometric Model; Static Specification; Insignificant Relationship; Nigerian Economy (search for similar items in EconPapers)
JEL-codes: C32 F14 F17 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:seb:journl:v:11:y:2013:i:1:p:79-100

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