Growth Perspective via Trade in Nigeria: A Co-integration Approach

Abstract

The research paper examined growth perspective via trade in Nigeria. The general objective of the study is to access the impact of trade on the Nigerian economy. In this paper it was believed that international trade has positive effect on economic growth. The ordinary least squares (OLS), Augmented Dicky Fuller (ADF) statistics and the co- integration method were employed to estimate the model built. The result suggest that exchange rate is statistically significant in explaining economic growth via trade in Nigeria economy, while total trade is not statistically significant in explaining economic growth in Nigeria. The researcher therefore recommends that the government should look beyond petroleum product as major tradable goods that will develop the economy.