Effect of trade liberalization on manufacturing sector performance in Nigeria

Effect of trade liberalization on manufacturing sector performance in Nigeria

This study examined the effect of trade liberalisation on manufacturing sector performance in Nigeria using secondary data sourced from Central Bank of Nigeria (CBN) statistical bulletin and other publications. This paper extends previous few empirical studies on the issue by providing some evidence...

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Main Author: Olanrewaju, Afolabi Luqman
Format: Thesis
Language:eng
eng
Published: 2013
Subjects:
HF1-6182 Commerce
Online Access:https://etd.uum.edu.my/4977/1/s811007.pdf
https://etd.uum.edu.my/4977/2/s811007_abstract.pdf
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institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Applanaidu, Shri Dewi
topic HF1-6182 Commerce
spellingShingle HF1-6182 Commerce
Olanrewaju, Afolabi Luqman
Effect of trade liberalization on manufacturing sector performance in Nigeria
description This study examined the effect of trade liberalisation on manufacturing sector performance in Nigeria using secondary data sourced from Central Bank of Nigeria (CBN) statistical bulletin and other publications. This paper extends previous few empirical studies on the issue by providing some evidence from time-series data period over 1975-2011 in the context of Nigerian economy. In this study, the dependent variables was manufacturing output growth rate. The model was tested using unit root test, Bound test, Granger causality, Vector Autoregressive (VAR) and Impulse Response Function (IRF) to analysis that dynamic relationship between manufacturing output growth rate, Manufacturing capacity utilization, inflation, Trade openness and Total domestic demand. Based on the findings, this study indicates that the Granger Causality test shows that granger cause trade openness affect capacity utilization of manufacturing sector performance, total domestic demand granger cause manufacturing output while trade openness affect total domestic demand, (all is one way causality relationship). Vector Autoregressive (VAR) and Impulse Response Function (IRF) approach shows that the country’s manufacturing sector performance growth rate is affected by the past values of the GDP. Finally this paper draws some policy implications for further studies to focus on how to improve manufacturing sector performance in Nigeria
format Thesis
qualification_name masters
qualification_level Master's degree
author Olanrewaju, Afolabi Luqman
author_facet Olanrewaju, Afolabi Luqman
author_sort Olanrewaju, Afolabi Luqman
title Effect of trade liberalization on manufacturing sector performance in Nigeria
title_short Effect of trade liberalization on manufacturing sector performance in Nigeria
title_full Effect of trade liberalization on manufacturing sector performance in Nigeria
title_fullStr Effect of trade liberalization on manufacturing sector performance in Nigeria
title_full_unstemmed Effect of trade liberalization on manufacturing sector performance in Nigeria
title_sort effect of trade liberalization on manufacturing sector performance in nigeria
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2013
url https://etd.uum.edu.my/4977/1/s811007.pdf
https://etd.uum.edu.my/4977/2/s811007_abstract.pdf
_version_ 1776103661115539456
spelling my-uum-etd.49772023-02-01T06:32:18Z Effect of trade liberalization on manufacturing sector performance in Nigeria 2013 Olanrewaju, Afolabi Luqman Applanaidu, Shri Dewi Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HF1-6182 Commerce This study examined the effect of trade liberalisation on manufacturing sector performance in Nigeria using secondary data sourced from Central Bank of Nigeria (CBN) statistical bulletin and other publications. This paper extends previous few empirical studies on the issue by providing some evidence from time-series data period over 1975-2011 in the context of Nigerian economy. In this study, the dependent variables was manufacturing output growth rate. The model was tested using unit root test, Bound test, Granger causality, Vector Autoregressive (VAR) and Impulse Response Function (IRF) to analysis that dynamic relationship between manufacturing output growth rate, Manufacturing capacity utilization, inflation, Trade openness and Total domestic demand. Based on the findings, this study indicates that the Granger Causality test shows that granger cause trade openness affect capacity utilization of manufacturing sector performance, total domestic demand granger cause manufacturing output while trade openness affect total domestic demand, (all is one way causality relationship). Vector Autoregressive (VAR) and Impulse Response Function (IRF) approach shows that the country’s manufacturing sector performance growth rate is affected by the past values of the GDP. Finally this paper draws some policy implications for further studies to focus on how to improve manufacturing sector performance in Nigeria 2013 Thesis https://etd.uum.edu.my/4977/ https://etd.uum.edu.my/4977/1/s811007.pdf text eng public https://etd.uum.edu.my/4977/2/s811007_abstract.pdf text eng public masters masters Universiti Utara Malaysia Ademola, I. S. Government Expenditure in the Manufacturing Sector and Economic Growth in Nigeria “2010. Adenikinju, A. F., & Alaba, O. B. (1999). Energy use and productivity performance in the Nigerian manufacturing sector (1970-1990). Opec review, 23(3), 251-264. Adenikinju, A. F. (2003). African Imperatives In The New World Trade Order Country Case Study Of The Manufacturing Sector: Nigeria. Final Report Submitted to the AERC, Nairobi, Kenya. Adenikinju, A. F. (2003). African Imperatives In The New World Trade Order Country Case Study Of The Manufacturing Sector: Nigeria. Final Report Submitted to the AERC, Nairobi, Kenya. Aluko, M. (2003). 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