The Determinants of International Reserves in West-African States

1
Philip Olomola
Philip Olomola
2
Ifeoluwa Tolulope Ajayi
Ifeoluwa Tolulope Ajayi
1 Obafemi Awolowo University, Ile Ife and Elizade University, Ilara Mokin

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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.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Not applicable for this article.

Philip Olomola. 2018. \u201cThe Determinants of International Reserves in West-African States\u201d. Global Journal of Human-Social Science - B: Geography, Environmental Science & Disaster Management GJHSS-B Volume 18 (GJHSS Volume 18 Issue B4): .

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GJHSS Volume 18 Issue B4
Pg. 43- 50
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Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

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GJHSS-B Classification: FOR Code: 059999p
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November 17, 2018

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English

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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.

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The Determinants of International Reserves in West-African States

Philip Olomola
Philip Olomola Obafemi Awolowo University, Ile Ife and Elizade University, Ilara Mokin
Ifeoluwa Tolulope Ajayi
Ifeoluwa Tolulope Ajayi

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