ISBN : 9782296568884
RELATIVE RESPONSIVENESS OF TRADE FLOWS TO CHANGES IN EXCHANGE RATE AND PRICES IN SELECTED ECOWAS COUNTRIES : DOES ORCUTT HYPOTHESIS HOLD ?
Olusegun Omisakin
Introduction Over the years, various researchers and policy makers as well have developed strong interest in investigating the determinants of exports and imports demands. The reason behind this concern is not farfetched. Both exports and imports demand play a crucial role in economic growth and development. In fact, the magnitude and direction of international trade flows among countries have been subjected to various policy debates especially in the developing countries. To this end, numbers of empirical studies have been able to estimate the determinants of trade flows....