Journal of Global Economics

Halimah AA

Publications

• Research Article
  Exchange Rate Volatility and Non-oil Exports in Nigeria: An Empirical Investigation
  Author(s): Musibau Hammed O, Babatunde SA, Halimah AA and Hammed AYMusibau Hammed O, Babatunde SA, Halimah AA and Hammed AY
  
  The adoption of a flexible exchange rate system since 1986 in Nigeria has made the country witnessed varying rate of the naira vis-à-vis the U.S dollar. This paper examines exchange rate volatility with ARCH model and its various extensions (GARCH, TGARCH, and EGARCH) using quarterly exchange rate series from 1986q1 to 2014q4. The impact of exchange rate volatility on non-oil exports was also examined using Error Correction Model (ECM) with two different measures of volatility. The results obtained confirm the existence of exchange rate volatility and also found a significant negative effect on non-oil export performance in Nigeria. Therefore, the Nigerian government should ensure an appropriate policy mix that not only ensures a stable and realistic exchange rate but also conducive atmosphere for production and exportation... Read More»
  DOI: 10.4172/2375-4389.1000246

  Abstract PDF