Ekonomi Bölümü Tezleri
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Browsing Ekonomi Bölümü Tezleri by Subject "Exchange Rate Volatility"
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Publication An Impact of Exchange Rate Volatility on Nigeria’s Export: Using Ardl Approach(2014) Musa, SulaimanThis thesis seeks to empirically investigate the impact of exchange rate volatility on Nigeria export using ARDL approach. The empirical analysis carried out uses monthly data, covered period from 1999m1 to 2012m12. The result confirms that there is a long relationship between export, real exchange rate, volatility of exchange rate and foreign income. Besides, the volatility of real exchange rate has negative and significant effect on the export in both short and long run; this implies that high fluctuation of exchange rate volatility tends to hinder Nigeria export. However, The real exchange rate result shows positive and significant effect on the export in the long run while in the short run the export is negatively affected by real exchange rate, this implies that depreciation of Naira exchange rate is more effective in the long run to stimulate export activity in Nigeria whereas, in the short run depreciation of the Naira negatively hinders the Nigeria‟s export. The result of nominal exchange rate shows that in the in the short run volatility of nominal exchange rate has a positive and significant effect on the Nigeria‟s export, while in the long run foreign income has positive and significant effect on the Nigeria‟s export.