{"product_id":"importance-of-trade-liberalization-in-economic-growth-accounting-von-francis-ekanem","title":"Importance of Trade Liberalization in Economic Growth Accounting","description":"\u003cp\u003eHow the trade liberalization influences economic growth is a subject of interest that has attracted a large number of researchers. This work investigates the importance of trade openness in accounting for the dynamics of per capita real income in Nigeria, during the period 1981-2015. This study makes use of the vector error correction model (VECM) as the method of estimation. The VECM is used in analyzing the short-run and long-run dynamics of economic variables, namely, gross domestic product per capita, oil rent, value-added of agriculture, human capital, gross capital formation and trade openness used as a proxy for trade liberalization.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9786139916245\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9786139916245","offer_id":39464605843549,"sku":"9786139916245","price":39.9,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/32e579b6-0e4a-439e-9320-1913e9dc03a3.jpg?v=1775969831","url":"https:\/\/shop.autorenwelt.de\/products\/importance-of-trade-liberalization-in-economic-growth-accounting-von-francis-ekanem","provider":"Autorenwelt Shop","version":"1.0","type":"link"}