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ANAYLSIS OF THE IMPACT OF TARIFFS ON ECONOMIC GROWTH IN NGERIA (1980-2010)
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- Contributor: mr-chris
- engagements: 50
- Case No: 771374pw
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ABSRACT - [ Total Page(s): 1 ]This study looks at the impact of tariff on the economic growth of Nigeria. It examines the extent to which tariff has brought about economic growth in Nigeria between the period of 1980-2010. Tariff which is a form of tax or trade restriction levied on imported goods, in order to encourage the infant industries from international competitions, this can boost economic growth. The ordinary least square method of regression was used to analysis the relationship between tariff and economic growth. the T-test was used to determine the individual parameter estimate. The F-test was used to determine
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CHAPTER ONE - [ Total Page(s): 3 ]Tariffs is always seen as a redress to social and economic costs of trade or as a way of enhancing economic advantages. However, in most cases economists, argue that erecting barriers on trade impose costs in the economy that exceeds the benefit gotten. These costs can rise from insufficient resource allocation, intractable implementation and foreign retaliation.The precise relationship between tariffs and economic growth has long remained a difficult theoretical issue that is being explored in variety of ways. The question often asked by international and development economist ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]This study looks at the impact of tariff on the economic growth of Nigeria. It examines the extent to which tariff has brought about economic growth in Nigeria between the period of 1980-2010. Tariff which is a form of tax or trade restriction levied on imported goods, in order to encourage the infant industries from international competitions, this can boost economic growth. The ordinary least square method of regression was used to analysis the relationship between tariff and economic growth. the T-test was used to determine the individual parameter estimate. The F-test was used to determine
... Continue Reading
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