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Does Trade Liberalisation Hurt Nigeria’s Manufacturing Sector?

Author

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  • Callistus Ogu
  • Chibueze Aniebo
  • Paul Elekwa

Abstract

This study examines the role of trade liberalization in the growth of manufacturing output in Nigeria, focusing on the short to medium term period while not ignoring the very important long term on which most studies have focused. Data for the period 1980 to 2013 were obtained from CBN and WDI, with which parameter estimates were extracted for the short to medium term using the error correction mechanism. Trade liberalization was found to hurt manufacturing output in the short run although it showed a real potential to boost it in the long term. An overhaul of competition policy was recommended with a view to establishing Neutral Status in manufacturing export trade.

Suggested Citation

  • Callistus Ogu & Chibueze Aniebo & Paul Elekwa, 2016. "Does Trade Liberalisation Hurt Nigeria’s Manufacturing Sector?," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(6), pages 175-175, June.
    • Handle: RePEc:ibn:ijefaa:v:8:y:2016:i:6:p:175
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    References listed on IDEAS

    as
    1. Jacques MAIRESSE & Pierre MOHNEN & Yanyun ZHAO & Feng ZHEN, 2012. "Globalization, Innovation and Productivity in Manufacturing Firms: A Study of Four Sectors of China," Working Papers DP-2012-10, Economic Research Institute for ASEAN and East Asia (ERIA).
    2. Paul Krugman, 1986. "Strategic Trade Policy and the New International Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262610450, December.
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    Cited by:

    1. Hlalefang Khobai & Clement Moyo, 2021. "Trade openness and industry performance in SADC countries: is the manufacturing sector different?," International Economics and Economic Policy, Springer, vol. 18(1), pages 105-126, February.
    2. Oludayo Elijah Adekunle & Samson Olusegun Akinwale, 2020. "Trade Liberalization and Manufacturing Sector in Nigeria," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(3), pages 90-96, September.

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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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