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Does Capacity Utilization Rate Affect Imports of Raw Materials in Nigeria?

Yıl 2015, Cilt: 5 Sayı: 2, 489 - 492, 01.06.2015

Öz

This study adopted a modified traditional import demand framework to examine the effects of capacity utilization rate (CUR) on imports of raw
materials (IMRM) in Nigeria. A number of striking results emerged from the analysis of data. 1% increase in CUR causes IMRM to increase by
1.1%. 1% increase in the real exchange rate (depreciation of the Naira) reduces IMRM by 0.12% whereas 1% increase in domestic inflation results
into a 0.72% decrease in the importation of raw materials. Expectedly, we found that a 1% increase in real gross domestic product triggers a 77%
increase in IMRM. In line with the traditional import function, we discovered that foreign exchange earnings positively and significantly determine
IMRM. On the basis of our findings, we recommend that the relevant stake holders should make genuine efforts towards boosting Nigeria’s CUR.
This recommendation stems from the fact that many of the local manufacturing firms depend heavily on IMRM.

Yıl 2015, Cilt: 5 Sayı: 2, 489 - 492, 01.06.2015

Öz

Toplam 0 adet kaynakça vardır.

Ayrıntılar

Diğer ID JA54PM36SN
Bölüm Araştırma Makalesi
Yazarlar

Augustine C. Osıgwe Bu kişi benim

Kenneth Obi Bu kişi benim

Yayımlanma Tarihi 1 Haziran 2015
Yayımlandığı Sayı Yıl 2015 Cilt: 5 Sayı: 2

Kaynak Göster

APA Osıgwe, A. C., & Obi, K. (2015). Does Capacity Utilization Rate Affect Imports of Raw Materials in Nigeria?. International Journal of Economics and Financial Issues, 5(2), 489-492.
AMA Osıgwe AC, Obi K. Does Capacity Utilization Rate Affect Imports of Raw Materials in Nigeria?. IJEFI. Haziran 2015;5(2):489-492.
Chicago Osıgwe, Augustine C., ve Kenneth Obi. “Does Capacity Utilization Rate Affect Imports of Raw Materials in Nigeria?”. International Journal of Economics and Financial Issues 5, sy. 2 (Haziran 2015): 489-92.
EndNote Osıgwe AC, Obi K (01 Haziran 2015) Does Capacity Utilization Rate Affect Imports of Raw Materials in Nigeria?. International Journal of Economics and Financial Issues 5 2 489–492.
IEEE A. C. Osıgwe ve K. Obi, “Does Capacity Utilization Rate Affect Imports of Raw Materials in Nigeria?”, IJEFI, c. 5, sy. 2, ss. 489–492, 2015.
ISNAD Osıgwe, Augustine C. - Obi, Kenneth. “Does Capacity Utilization Rate Affect Imports of Raw Materials in Nigeria?”. International Journal of Economics and Financial Issues 5/2 (Haziran 2015), 489-492.
JAMA Osıgwe AC, Obi K. Does Capacity Utilization Rate Affect Imports of Raw Materials in Nigeria?. IJEFI. 2015;5:489–492.
MLA Osıgwe, Augustine C. ve Kenneth Obi. “Does Capacity Utilization Rate Affect Imports of Raw Materials in Nigeria?”. International Journal of Economics and Financial Issues, c. 5, sy. 2, 2015, ss. 489-92.
Vancouver Osıgwe AC, Obi K. Does Capacity Utilization Rate Affect Imports of Raw Materials in Nigeria?. IJEFI. 2015;5(2):489-92.