PRICE, EXCHANGE RATE VOLATILITY AND NIGERIA AGRICULTURAL TRADE FLOWS- A DYNAMIC ANALYSIS
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PRICE, EXCHANGE RATE VOLATILITY AND NIGERIA AGRICULTURAL TRADE FLOWS- A DYNAMIC ANALYSIS
PROJECT TOPICS AND MATERIALS ON PRICE, EXCHANGE RATE VOLATILITY AND NIGERIA AGRICULTURAL TRADE FLOWS- A DYNAMIC ANALYSIS
ABSTRACT
The essence of creating a conducive
economic climate in a developing economy as ours cannot be
underestimated. Hence, this research was aimed at pinpointing the
inter-relationships and the dynamic effects of price, exchange rate
volatility and agricultural trade flows on the Nigeria economy. Data was
collected through the use of library research and literatures on the
internet. The two major multiple regression analysis tools employed in
data presentation are the rule of the ordinary least square (OLS) and
the Econometric Views Software (EVIEWS). The research revealed that
while Exchange rate volatility has a direct negative effect on
agricultural trade flow, increase in export price increases export
earnings, while price volatility exerts a positive effect on the level
of agricultural exports. Finally, the findings of the research gave rise
to useful recommendations such as the need for government to encourage
production of exportable goods in order to raise the rate of exchange of
the Nigeria currency.
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The essence of creating a conducive economic climate in a developing economy as ours cannot be underestimated. Hence, this research was aimed at pinpointing the inter-relationships and the dynamic effects of price, exchange rate volatility and agricultural trade flows on the Nigeria economy. Data was collected through the use of library research and literatures on the internet. The two major multiple regression analysis tools employed in data presentation are the rule of the ordinary least square (OLS) and the Econometric Views Software (EVIEWS). .. economics project topics
PRICE, EXCHANGE RATE VOLATILITY AND NIGERIA AGRICULTURAL TRADE FLOWS- A DYNAMIC ANALYSIS