US Trade Policy Uncertainty and Nigeria's Participation in Global Value Chains: Evidence from Frequency Domain Causality, Wavelet Coherence Analysis, and Time-Varying Causality
| dc.authorid | 0000-0002-3710-6146 | en_US |
| dc.contributor.author | Oshodi, Ayodele Folorunso | |
| dc.contributor.author | Olasehinde-Williams, Godwin | |
| dc.date.accessioned | 2024-05-20T09:00:58Z | |
| dc.date.available | 2024-05-20T09:00:58Z | |
| dc.date.issued | 2024 | en_US |
| dc.department | Fakülteler, İşletme Fakültesi, Yönetim Bilişim Sistemleri (İngilizce) Bölümü | en_US |
| dc.description.abstract | This study examines for the frst time whether trade policy uncertainty emanating from the United States signifcantly predicts Nigeria’s participation in global value chains. It further examines the kind of global value chain participation in Nigeria (forward or backward linkages) that is most predictable by the United States trade policy uncertainty. To achieve the study objective, frequency domain causality, wave let coherence analysis, and time-varying causality are employed in analyzing annual data sets over the period 1990–2019. The summary of the study fndings is as fol lows; frst, trade policy uncertainty emanating from the United States signifcantly predicts Nigeria’s overall integration into global value chains. Second, there is a posi tive association between Nigeria’s integration into global value chains and the United States trade policy uncertainty. Third, Nigeria’s overall integration into global value chains is highly correlated with the United States trade policy uncertainty in peri ods around the global economic crisis of 2007/08 and Nigeria’s recession of the late 2010s. Fourth, most of the predictability noticed in the relations between trade policy uncertainty generated by the United States and the overall global value chain partici pation is caused by the relations between the United States trade policy uncertainty and Nigeria’s forward linkage into global value chain participation. | en_US |
| dc.identifier.doi | 10.1007/s13132-024-01917-w | en_US |
| dc.identifier.scopus | 2-s2.0-85191230297 | en_US |
| dc.identifier.scopusquality | N/A | en_US |
| dc.identifier.uri | https://hdl.handle.net/11467/7274 | |
| dc.identifier.uri | https://doi.org/10.1007/s13132-024-01917-w | |
| dc.identifier.wos | WOS:001207628800001 | en_US |
| dc.identifier.wosquality | N/A | en_US |
| dc.indekslendigikaynak | Web of Science | en_US |
| dc.indekslendigikaynak | Scopus | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | Springer | en_US |
| dc.relation.ispartof | Journal of the Knowledge Economy | en_US |
| dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
| dc.rights | info:eu-repo/semantics/openAccess | en_US |
| dc.subject | United States; Nigeria; Global value chains; Trade policy uncertainty; Frequency domain causality; Wavelet coherence analysis | en_US |
| dc.title | US Trade Policy Uncertainty and Nigeria's Participation in Global Value Chains: Evidence from Frequency Domain Causality, Wavelet Coherence Analysis, and Time-Varying Causality | en_US |
| dc.type | Article | en_US |
