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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:The Monetary Approach to Balance of Payments Evidence from Nigeria
Author:Jimoh, Ayodele
Year:1990
Periodical:Eastern Africa Economic Review
Volume:6
Issue:1
Pages:69-75
Language:English
Notes:biblio. refs.
Geographic terms:Nigeria
West Africa
Subjects:balance of payments
Economics and Trade
international relations
Economics, Commerce
Monetary theory
economic policy
Abstract:Employing two alternative test frameworks, L. Girton and D. Roper's (1977) exchange-market-pressure equation, and B.B. Aghevli and M.S. Khan's (1977) correlation coefficient test, this study examines the relevance of the monetary approach to balance of payments in a less developed economy using the example of Nigeria. The results suggest that the monetary approach to balance of payments is an adequate representation of the Nigerian data between 1960-1985. This suggests that this approach probably has a wider region of application than hitherto thought. Bibliogr.