Palmyra Fiber as Additional Materials on Solid Concrete Brick of Aggregate
Vol. 3 No. 2 (2012): May 2012

Vector Error Correction Modelling of the Composition of Government Spending and the Real Exchange Rate in Nigeria

Oriavwote, Victor E. (Unknown)
Omojimite, Ben U. (Unknown)



Article Info

Publish Date
01 May 2012

Abstract

The main objective of this study has been to empirically investigate the relationship between government expenditureand the Real Exchange Rate in Nigeria . Using data covering 1970 to 2010, the Vector Error Correction and Cointegration testsresults established a long run relationship among the components of government expenditure and the Real Exchange Rate. Theresult showed that government investment has delivered more productivity gains in the non-tradable sector than in the tradablesector, while an increase in government consumption increased the relative demand for non-tradable. The government shouldthus shift attention to the expansion of the tradable sector.

Copyrights © 2012






Journal Info

Abbrev

mjss

Publisher

Subject

Civil Engineering, Building, Construction & Architecture Economics, Econometrics & Finance Materials Science & Nanotechnology

Description

The use of waste as an additional material on the building work was increasingly actively developed, such as straw, styrofoam, bagasse, cow manure. The key drivers of the use of waste is the potential for waste is increasing, due to the depletion of non-renewable resources. Papyrus rod diameter 60 ...