The Effect of Export Earnings Fluctuations on Capital Formation in Nigeria
Working Papers from African Economic Research Consortium
This study explored the association between export earnings fluctuations and capital formation in Nigeria. Using a reduced form equation built around the flexible accelerator model and adopting a cointegration technique, it discovered that the current level of export earning fluctuations adversely impinges on investment (that is, the change in capital stock) in the short run.
Keywords: TRADE; CAPITAL MARKET; INVESTMENTS (search for similar items in EconPapers)
JEL-codes: F14 O55 F10 (search for similar items in EconPapers)
References: Add references at CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
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:fth:afrirc:103
Access Statistics for this paper
More papers in Working Papers from African Economic Research Consortium African Economic Research Consortum, P.O. Box 62882, Nairobi, Kenya. Contact information at EDIRC.
Series data maintained by Thomas Krichel ().