Authors : F. Akeju Kemi
Abstract: This study investigates the impact of real exchange rates on terms of trade and economic growth. A long term relationship between the real effective exchange rate, term of trade and gross domestic product is estimated. The estimation relies on cointegration techniques and error correction model using annual data covering from 1980-2012. The results show that real exchange rates co-move with terms of trade in the long run.
F. Akeju Kemi , 2014. Real Exchange Rates, Terms of Trade and Economic Growth in Nigeria (1980-2012). Journal of Economics Theory, 8: 19-23.