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Economic and Financial Review

Article Title

An aggregate import demand function for Nigeria: an Autoregressive Distributed Lag (ARDL) approach

Abstract

The paper sought to examine the dynamics underlying the high import bills in Nigeria and proffered appropriate policy recommendations. In achieving this, the Autoregressive Distributed Lag (ARDL) technique was utilised to estimate the aggregate import demand function for Nigeria using the quarterly data covering the period 1970 to 2011.