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首页> 外文期刊>European Journal of Business and Management >Homogenous Economic Policy and Heterogeneous Consumer Economy: Empirical Analysis of the Vulnerability of the Regions to Macroeconomic Policy in Nigeria
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Homogenous Economic Policy and Heterogeneous Consumer Economy: Empirical Analysis of the Vulnerability of the Regions to Macroeconomic Policy in Nigeria

机译:同质经济政策和异质消费经济:对尼日利亚各地区宏观经济政策脆弱性的实证分析

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摘要

This paper provides empirical evidence to show that regimented aggregate demand policy will probably be more appropriate for Nigeria given that the response of consumers to macroeconomic shocks is homogeneously tied around regional demand pattern. Result of the panel regression suggests that the effects of changes in income and price homogenously cut across the six regions, while response to expected rise in unemployment is substantially linked to the predominant employment structure in the regions. Exchange rate is shown to be a weak expenditure-switching instrument of policy variable since it does not have any known consistent pattern of impact. The paper argues for movement away from aggregate to region-specific economic policies based on the demand dynamics of the zones.
机译:本文提供的经验证据表明,鉴于消费者对宏观经济冲击的反应均与区域需求模式密切相关,因此有计划的总需求政策可能更适合尼日利亚。面板回归的结果表明,收入和价格变化的影响在六个地区均等地减少,而对预期失业率上升的反应与该地区主要的就业结构密切相关。由于汇率没有任何已知的一致影响模式,因此显示它是政策变量的弱项支出转换工具。本文主张根据区域的需求动态,从总量转向特定地区的经济政策。

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