Does Exchange Rate Have Asymmetric Impact on Trade Balance? Fresh Insights from Combined Cointegration
The study examines the asymmetric impact of exchange rate on the trade balance in Nigeria relying of time series data that spans 1960-2016. The Non-linear ARDL bounds test and the Bayer and Hanck (2013) test established a cointegrating relationship among the variables after accounting for structural...
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| Format: | Article |
| Language: | English |
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Sciendo
2020-04-01
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| Series: | Studies in Business and Economics |
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| Online Access: | https://doi.org/10.2478/sbe-2020-0019 |