Long-run and short-run macroeconomic determinants of potato export in Nigeria

  • C.N. Onwusiribe
  • J.A. Mbanasor
  • N.M. Agwu

Abstract

This study analyzed the short-run and long-run determinants of potato exports from Nigeria from 1961-2016. The data were sourced from secondary sources. Unit root tests conducted revealed that the variables were integrated at level I(0) and first difference I(1). Autoregressive distributed lag model was used to estimate the long-run and short-run determinants of potato exports. The results revealed that the long-run determinants of potato exports include potato production, world export of potato, inflation, interest rate, gross domestic product (GDP), tariff, exchange rate and potato price. In the short-run, exchange rate is a major determinant of potato export. The stabilization and regulation of macroeconomic variables such as inflation, exchange rate, tariff rate and interest rate will boost the export of potato.
Published
2018-09-14
Section
Articles

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eISSN: 0300-368X