 Nigeria's Non-Oil Exports: Determinants of Supply and Demand, 1970-1990Inutu Lukonga No 1994/059, IMF Working Papers from International Monetary Fund Abstract: This paper reviews Nigeria’s non-oil export performance during the period 1970-90, analyzes the factors underlying the dismal performance, and estimates the supply-price elasticity of the exports for both the short and long run. A distinguishing feature of the analysis is the incorporation of the effect of domestic demand in the export supply equation for agricultural commodity exports--a feature usually reserved for the manufactured goods where it is generally assumed that domestic demand competes with export demand. The results provide evidence of the adverse effects of restrictive government policies on exports and underscore the utility of pricing policy in eliciting export supply. Keywords: WP; export; demand; price; commodity; oil export; export commodity; export promotion policy; export supply function; export demand function; export behavior; export promotion measure; export supply; export industries increase; commodity export; export response; export promotion strategy; Exports; Agricultural commodities; Export performance; Export prices; Agricultural exports; West Africa; Europe (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:1994/059 Ordering information: This working paper can be ordered from Access Statistics for this paper More papers in IMF Working Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC. |
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