Twin Deficit in Nigeria: A Re-Examination

Twin Deficit in Nigeria: A Re-Examination

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This study re-examines the long run relationship between the budget and current account deficits in an oil-dependent open economy like Nigeria using a multivariate Granger causality test within the VECM framework. This result confirmed the existence of a long run relationship between the budget and current account deficit in Nigeria, thus supporting the Mundell-Fleming theory and refuting the...
 
Published at Journal of Economic and Social Studies
Volume 5
Issue 2
Pages 31
Published in 2015
 
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Amaghionyeodiwe, L. A. and Akinyemi O.
AKINYEMI OPEYEMI » Dr Akinyemi is a Lecturer and Researcher in the Department of Economics and Development Studies at Covenant University, Nigeria. She obtained her Bachelor, Masters and doctoral degrees from Covenant University in 2009, 2012 and 2017 respectively. Her main research interests include Energy Economics (specifically energy policy and environmental quality), sustainable development economics and... view full profile
Akinyemi Opeyemi
 
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