Ugwuja Chinonso Oliver

Broschiertes Buch

The Impact of Tariffs on Trade Openess in Nigeria From 1985 to 2016

Beschreibung

Scientific Study from the year 2018 in the subject Economics - Foreign Trade Theory, Trade Policy, grade: 2.1, University of Nigeria, course: ECONOMICS, language: English, abstract: This study however, empirically examined the impact of tariff rate on trade openness in Nigeria, relying on annual time series data spanning the period 1985-2016 and using the Engel-Granger two step co-integration test to establish the existence of a stable long run equilibrium relationship among the variables at a 5% level of significanceThe debate over the effect of tariffs on trade openness is relatively virgin in international trade literature The study employed the Ordinary Least Square (OLS) regression technique and the pairwise granger causality test to validate the nature of the relationship existing between trade openness and tariff rate in Nigeria. Sequel to the regression result, it is found that although tariff variable is statistically insignificant, it has a negative effect on the degreeof openness. Similarly, the granger causality reveals a uni-directional causality existing between TOPEN and TARF running only from trade openness to the rate of tariff.The study therefore recommends that since TARF has proven to be an insignificant determinant of trade openness and is thus granger caused by the degree of openness, the government should leave tariff rate to be determined by the invisible hand of the free market-economy and not bother in fixing the tariff rate for the purpose of restricting the free flow of international trade.

Autor

Ugwuja Chinonso Oliver (ACIEHS, ACICRM, GNIM) is a financial and Business Analyst, a Chartered Manager certified by the Nigerian Institute of Management, and a certified Safety Officer. He has been a research consultant since 2016 with over five published research papers. Chinonso is proficient in statistical and econometric modeling with special skills in using E-VIEWS, STATA, SPSS, EXCEL, and other Microsoft Office suites. His position has been beneficial to many scintillating researchers in economics and other related disciplines. His management profession as a Director and Management Accountant has continuously helped DanWhite Global Resources Nigeria Limited grow the company's profit and increase its customer base. His writing skills have attracted sponsorship to a lounge where he worked as an inventory controller/internal audit. Chinonso studied economics at the University of Nigeria. He obtained a Second Class Upper Division Level (Magnum Cum Laude) and was honored as a policy critic of the year 2017. Chinonso envisions a world where adequate manpower in business and management will be available to mitigate the high failure rates of Small and Medium-scale businesses. He obtained the West African Examinations Certificate (WAEC) with excellent results.at Saint Teresäs College, Nsukka in 2012. His passion for educational advancement and contributing to the development of the global economy by helping SMEs to grow compelled him to take online courses and training in Digital Marketing and Customer Relationship Management (CRM), and obtained a Postgraduate Diploma. He has written an online article entitled ¿The Role of Customer Service in a Marketing Campaign. His professional career has been in the business sector and this contributes to why he has undertaken to help both existing and newly established small and medium-scale businesses to grow so that employment in this sector will be secure and lucrative as well. Chinonso partners with Formazione Business School as a facilitator for Skill Acquisition and Entrepreneurship Development (SAED), where he trains business owners in various skills such as Bookkeeping/Accounting and business management. Chinonso is a volunteer with the Financial Inclusion and Literacy Group where he helped petty traders to obtain low-interest loans to fund their business ideas. These notwithstanding, he still seeks international exposure and opportunities to amplify his performance in Nigeria, Africa, and, the world.

Produktdetails

• Verlag: GRIN Verlag
• 1. Auflage
• Seitenzahl: 80
• Erscheinungstermin: 25. November 2019
• Englisch
• Abmessung: 210mm x 148mm x 6mm
• Gewicht: 129g
• ISBN-13: 9783346052162
• ISBN-10: 3346052168
• Artikelnr.: 58314338