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Real Exchange Rate Movements and Export Growth: Nigeria, 1960-1990

O. Ogun

Working Papers from African Economic Research Consortium

Abstract: This report analyses the effects of real exchange rate (RER) movements (defined in terms of misalignment and volatility) on the growth of non-oil exports in Nigeria over the period 1960-1990. RER is defined as the relative price of tradeables to non-tradeables, and RER misalignments are derived using a model based approach and the purchasing power parity (PPP) approach.

Keywords: EXCHANGE RATE; GROWTH MODELS; INTERNATIONAL TRADE; EXPORTS (search for similar items in EconPapers)
JEL-codes: F14 F31 (search for similar items in EconPapers)
Date: 1998
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