All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC

 
Godwin Nwaobi
 
''Money and output interaction in Nigeria: an econometric investigation using multivariate cointegration technique''
( 2004, Vol. 3 No.30 )
 
 
This paper derives and estimates a barro-type reduced form equation for domestic real output from a simple structural model of an open developing economy in which markets clear continuously and expectations are rational. The form in which open economy variables appeared was explicitly derived from an underlying structural model. The model was adapted to Nigerian Economy by according an important role to imported intermediate goods. The empirical result provided support for the open economy model of output determination in Nigeria.
 
 
Keywords: cointegration
JEL: C5 - Econometric Modeling: General
 
Manuscript Received : Sep 03 2004 Manuscript Accepted : Sep 08 2004

  This abstract has been downloaded 2148 times                The Full PDF of this paper has been downloaded 164308 times