445 KB0 KB2025Adekunle, Oludayo Elijahštevilka:2letnik:23str. 147-174, 233-234DOI:10.26493/1854-6935.23.147-174ISSN:1854-6935COBISSID_HOST:281149187URN:URN:NBN:SI:doc-BTOTFQ25enUniversity of Primorska PressManaging global transitionsARDLdeveloping economiesdržave v razvojueconomic performancegospodarska uspešnostinternational trademednarodna trgovinaToda-YamamotoToda-Yamamotootrade policytrgovinska politikaInternational trade and economic growth in an oil-dependent country| case of Nigeria|This paper examines the effect of disaggregated international trade on the economic growth of Nigeria. The data and specified model were analysed with Autoregressive Distributed Lag and Toda-Yamamoto techniques. It was found that both non-oil and oil exports enhance economic growth. However, non-oil and oil imports impede economic growth. Furthermore, overall causality results revealed that while non-oil and oil exports and non-oil imports had bi-directional causality with economic growth, nonoil imports did not have causality with economic growth. Consequently, the government should prioritise export-led policy to facilitate economic performance in Nigeria. Findings emphasised the need for the diversification of the economy for higher economic growth and sustainability inthe long run. The paper enriches the literature on the relationship between international trade and economic growth in Nigeria by adequately disaggregating trade components to reflect the economic structure of the Nigerian economy. Also, it brings new empirical findings on the trade-growth relationship in an oil-dependent developing country. This study can provide a theoretical framework for research in countries that oil dependentPričujoči članek preučuje vpliv razčlenjene mednarodne trgovine na gospodarsko rast Nigerije. Podatki in izbrani model so bili analizirani z uporabo metod ARDL (iz angl. Autoregressive Distributed Lag) in Toda-Yamamoto. Ugotovljeno je bilo, da tako izvoz naftnih kot nenaftnih proizvodov spodbuja gospodarsko rast. Medtem pa uvoz naftnih in nenaftnih proizvodov gospodarsko rast zavira. Nadalje so rezultati vzročnosti pokazali, da obstaja obojesmerna vzročnost med izvozom (naftnim in nenaftnim) ter nenaftnim uvozom in gospodarsko rastjo, medtem ko ni bilo ugotovljene vzročnosti med naftnim uvozom in gospodarsko rastjo. Zato bi morala vlada dati prednost izvozno usmerjeni politiki za spodbujanje gospodarske uspešnosti v Nigeriji. Ugotovitve poudarjajo potrebo po diverzifikaciji gospodarstva za doseganje višje gospodarske rasti in dolgoročne trajnosti. Članek bogati literaturo o povezavi med mednarodno trgovino in gospodarsko rastjo v Nigeriji z ustrezno razčlenitvijo trgovinskih komponent, ki odražajo gospodarsko strukturo nigerijskega gospodarstva. Poleg tega prinaša nova empirična spoznanja o povezavi med trgovino in rastjo v državi v razvoju, ki je odvisna od nafteTEXTznanstveno časopisjejournalsSlovenian National E-content AggregatorNational and University Library of SloveniaUniverza na Primorskem, Fakulteta za management