The Primary Sectors of the Economy and the Dutch Disease in Nigeria

Autor:	J. O. Olusi, M. A. Olagunju
Rok vydání:	2005
Předmět:	Dutch disease Government Economic growth Resource (biology) business.industry Economic sector Geography Planning and Development Development Boom Agriculture Development economics Variance decomposition of forecast errors Economics business International Financial Statistics
Zdroj:	The Pakistan Development Review. 44:159-175
ISSN:	0030-9729
DOI:	10.30541/v44i2pp.159-175
Popis:	This study examines whether the Dutch Disease—a resource boom leading to the decline of the erstwhile tradable sector—is present in Nigeria in the light of the rejection of the Dutch Disease thesis in other studies on Nigeria. Quarterly data for our variables of interest were predominantly sourced from the International Financial Statistics of the IMF. The data are analysed through the use of vector autoregressive (VAR) modelling consisting of impulse response functions and variance decomposition analyses. Our results show that the Dutch Disease was diagnosed, albeit, as a delayed occurrence. This suggests that the government should lay more emphasis on the agricultural sector hitherto not given deserved attention.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::12721befae69af64fae1d608ee8072ef https://doi.org/10.30541/v44i2pp.159-175 Zobrazit plný text záznamu