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Trade Openness and Economic Performance of ECOWAS Membersud- Reflections From Ghana And Nigeria.

机译:西非经共体成员的贸易开放度和经济绩效 ud-来自加纳和尼日利亚的思考。

摘要

Trade openness is believed to stimulate economic growth due to its influence in integrating world economies and generating better markets. The study examined the impact of trade openness on economic performance of ECOWASMembersudfocusing on Ghana and Nigeria (1975-2004).Data sourced from IFS and others, were analyzed employing ADF/PP stationarity, cointegration and vector error correction techniques. A unique long-run relationship between economicudperformance, trade openness, real government expenditure, labour force and real capital stock for both Ghana and Nigeria was established, while about 88.9"10 andud83.1"10 errors made in the previous period were found to be corrected in the current period for the respective countries. In addition, trade openness and realudgovernment expenditure impact positively the economies of Ghana and Nigeria.udHowever, the effectswere higher in the former than the latter.
机译:人们相信,贸易开放会促进经济增长,因为它在融入世界经济和创造更好的市场方面具有影响力。这项研究调查了贸易开放度对ECOWAS成员的经济表现的影响集中于加纳和尼日利亚(1975-2004)。使用ADF / PP平稳性,协整和矢量误差校正技术分析了来自IFS等机构的数据。在加纳和尼日利亚,经济业绩,贸易开放度,实际政府支出,劳动力和实际资本存量之间建立了独特的长期关系,而前一时期则犯了大约88.9“ 10和 ud83.1” 10个错误被发现在各自国家的当前时期已得到纠正。此外,贸易开放程度和实际政府支出对加纳和尼日利亚的经济产生积极影响。 ud然而,前者的影响要高于后者。

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  • 作者

    Osabuohien E. S. C.;

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  • 年度 2007
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  • 原文格式 PDF
  • 正文语种 {"code":"en","name":"English","id":9}
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