TY  - EJOU
AU  - 
T1  - Price Distortions, Exports, and Economic Growth: Evidence from the Non-Oil Sectors of Nigeria
T2  - International Journal of Management and Sustainability

PY  - 2014
VL  - 3
IS  - 1
SN  - 2306-0662

AB  - This study examines the effects of price distortions on output in the non-oil sectors of the Nigerian economy.  Specifically, the study tests the hypothesis:  that price distortions are inversely related to non-oil output on the supply side; and also inversely related to the aggregate demand component such as non-oil exports on the demand side.  The study adopts a model based on a modified neoclassical production function where non-oil exports are taken as production input.  The analysis confirms the view that price distortions have significant negative influence on the non-oil sectors of the Nigerian economy.  
KW  - Price distortions
KW  - Economic growth
KW  - Exports
KW  - Non-oil sectors
KW  - Neo-classical production function
KW  - Oil-boom
KW  - Misallocated resources
DO  -