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Anaylsis Of The Impact Of Tariffs On Economic Growth In Ngeria (1980-2010)
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1.5 RELEVANCE OF THE STUDY
This study will be relevant to the Nigeria society in the following ways;
1. It will help us to understand the tariff structure of Nigeria
2. It will contribute to the literature review
3.
It will provide empirical evidence on the nature of relationship that
exist between tariff and economic growth in Nigeria; this will in turn
guide policy makers in their policies formulation.
4. Investigating
into the tariff regime will enable us to know the positive contributions
it has made to improve the export of locally produced goods.
5. It will help the government and policy makers to be able to formulate adequate policy on trade.
6. It will help us to know, if tariff can lead to economic growth or not Nigeria
1.6 LIMITATIONS OF STUDY
Usually,
tariff are in form of excise duties, import tariff and export tariff.
inadequate complete reliable data, as data collected from some economic
journals and textbooks vary from each other. Time is another limitation
encountered by the research.
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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. ... Continue reading---