@article{MAKHILLTSS20138122392,
    title = {Do Trade Balances Adjust to Exchange Rate Shocks? An Enquiry Evidence of J-Curve in Nigeria},
    journal = {The Social Sciences},
    volume = {8},
    number = {1},
    pages = {72-79},
    year = {2013},
    issn = {1818-5800},
    doi = {sscience.2013.72.79},
    url = {https://makhillpublications.co/view-article.php?issn=1818-5800&doi=sscience.2013.72.79},
    author = {Abimbola,Oluwatosin and},
    keywords = {autoregressive distributed lag,exchange rate,Trade balance,import,export,Nigeria},
    abstract = {This study investigates the response of trade balance to exchange 
  rate changes in Nigeria. The long-run relationship between these variables is 
  explored using Engel-Granger Two-Stage, Johansen and the Autoregressive Distributed 
  Lag cointegration approaches on a data sample between 1980:Q1 and 2007:Q4. The 
  analyses show that there is only limited adjustment in the trade balance to 
  exchange rate shocks in both the short- and long-run. Apparently, trade balance 
  adjustment to exchange rate depreciation in Nigeria is prolonged. Although rightly 
  signed (negative), it appears that that the elasticities of demand for export 
  and import have not sufficiently adjusted to lead to improvement of trade balance 
  thereby failing to depict a J-curve.}
    }