global-journal-of-human-social-science-b-geography-environmental-science-disaster-management Global Journal of Human-Social Science - B: Geography, Environmental Science & Disaster Management 0975-587X 2249-460X Global Journals Publishing Group Incorporated 63151 The Determinants of International Reserves in West-African States OlomolaPhilip AjayiIfeoluwa Tolulope NIGERIA, Obafemi Awolowo University, Ile Ife and Elizade University, Ilara Mokin 15 01 2018 18 B4 43 50

This study examined the relationship between international reserve and its determinants in west African States for the period of 2005 to 2014. The study was based on buffer stock model and was estimated using Panel ARDL approach. In the short run, All the variables except imports and NEER have a positive impact on international reserve. In the long-run, (IMP), export (EXA) and nominal effective exchange (NEER) does not have a statistical relationship with international reserves accumulation. I.

 Full Text

This study examined the relationship between international reserve and its determinants in west African States for the period of 2005 to 2014. The study was based on buffer stock model and was estimated using Panel ARDL approach. In the short run, All the variables except imports and NEER have a positive impact on international reserve. In the long-run, (IMP), export (EXA) and nominal effective exchange (NEER) does not have a statistical relationship with international reserves accumulation.