Kwara State University
Akande Rashidat
Designation: Lecturer 2
Department: Economics and Development Studies
| My Publications | ||||||||
|---|---|---|---|---|---|---|---|---|
| S/N | Title | Abstract | Authors | Volume Numbers | Publication Type | Publication Date | Link | |
| 1 | The Effect of exchange rate fluctuations on investment in Nigeria. |
Exchange rate management is an important tool of monetary policy not only because of its influence on external balance but also because of its effect on the level of output. This paper examines the effect of exchange rate fluctuations on industrial output in Nigeria. The study used quarterly time series data to explain the effect of exchange rate and other variables on industrial output. The explanatory variables included are money supply, inflation, government capital expenditure, foreign direct investment and exchange rate. The study employed the Autoregressive Distributive Lag (ARDL) model to examine the effect of current and previous values of explanatory and dependent variables on the dependent variable. The result shows Inflation and money supply has a significant effect on industrial output. However the result suggest a negative but weak relationship between exchange rate and industrial output. | Akande, R. S. Jimoh, S. Raphiu, M. | 2(3), pp. 99–106. | Journal Article | 2017-08-01 | ||