Trade-Exchange Rate Nexus in Sub-Saharan African Countries: Evidence from Panel Co-integration Analysis
This study explores international trade-exchange rate interaction in SSA countries. Based on partial equilibrium analysis, we develop two equations for export and import in which exchange rate, real GDP, stock of capital, and technology are the independent variables. The results from empirical analyses show that export and import are inelastic to changes in exchange rate. It follows that...
Published at Foreign Trade Review
Volume 50
Issue 3
Pages 151-167
Published in 2015
Philip O. Alege & Evans S. Osabuohien
Osabuohien Evans » Evans S. Osabuohien is a Professor of Economics and the Head, Department of Economics & Development Studies, Covenant University, Ota, Nigeria. He was appointed HOD in 2016, emerging as the Youngest HOD in the University. He holds B.Sc, M.Sc and Ph.D (Economics) and started lecturing and researching career in 2004. He received Double Promotion to the Rank of a Full Professor of Economics in... view full profile