Every material on this site is authentic and was extracted from the complete available project. GET IT NOW

MS-WORD DOC | CHAPTERS: 1-5 | PAGES: 58 | PRICE: #3,000 ONLY

ANALYSIS OF THE IMPACT OF TARIFFS ON ECONOMIC GROWTH IN NIGERIA (1980-2010)

ABSTRACT

This study examines the impact of tariffs on economic growth of Nigeria. It examines the extent to which tariff led economic growth in Nigeria between the period from 1980 to 2010. Tariff which is a form of taxation or trade restrictions levied on imported goods, to encourage infant industries to international competition This can stimulate economic growth. The ordinary least squares method under regression was used to analyze the relationship between tariffs and economic growth. T-test was used to determine the individual parameter estimation. The F test was used to determine the significance of all regression. Econometric analysis has also been used to determine the impact of price and other variables such as real GDP as a proxy for economic growth, export, exchange rate and trade openness on economic growth in Nigeria. The result of the regression findings show that the rate has a positive statistically significant impact on economic growth in Nigeria. In conclusion, tariff including other variables all work together to stimulate economic growth. It was recommended that the Trade policy should be done to improve the imposition of customs duties in Nigeria

GET THE COMPLETE PROJECT