An analysis of the impact of tariffs on economic growth in Nigeria


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详细

This paper examines the extent to which tariff has brought about economic growth in Nigeria between the period of 1981-2018. The ordinary least square method of regression was used to determine the individual parameter estimate. The F-test was used to determine the significance of the entire regression. Econometric analysis was also used to determine the impact of tariff and other variables like real gross domestic products as a proxy to economic growth, export, exchange rate and trade openness on economic growth in Nigeria. The findings from the regression result show that tariff had a positive relationship with economic growth in Nigeria, but it was statistically insignificant for this research. This paper also presents tariff, export and exchange rate as co-contributors in the stimulation of economic growth in Nigeria as was seen in their positive relationship with real gross domestic products, but trade openness had a negative impact on economic growth.

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作者简介

Lekam Ofem

University of Calabar

Email: okuku3@gmail.com
PhD, Department of Economics Nigeria

Joseph Adie

University of Calabar

Email: Adiejoe50@gmail.com
Department of Economics Nigeria

参考

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