A study investigates exchange rate impacts on exports in Nigeria, highlighting policy implications for growth.
Key Points
This research aims to examine how exchange rate fluctuations affect agricultural and manufacturing exports in Nigeria over a span of nearly four decades.
Analyzed annual data from 1984 to 2021 on agricultural and manufacturing export volumes.
Employed the Toda–Yamamoto modified Granger causality approach within a VAR framework.
Examined causal relationships and variance decomposition among variables.