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Does Trade Liberalisation Policy Enhance Performance of Non-Oil Export Trade in Nigeria?
Foreign Trade Review Pub Date : 2020-03-02 , DOI: 10.1177/0015732519894161
Marius Ikpe 1 , Richard Okey Ojike 1 , Kenneth Onyeanuna Ahamba 1
Affiliation  

Decades after the trade liberalisation policy shift, poor performance problem of non-oil export in Nigeria (a net-oil exporting economy) persists. Against this backdrop, and given the lack of analytical depth among Nigerian-specific studies, this study empirically provided answer to the question of whether trade liberalisation policy enhances non-oil export trade in Nigeria. The study adopted an Autoregressive Distributed Lag model approach to the analysis of the impact of trade liberalisation policy on non-oil export trade. Evidence provided support for trade liberalisation policy as the growth driver for non-oil export, a sector that exports more but earns little in terms of revenue. As a result, the study recommends a well thought-out public–private partnership arrangement for the efficiency of the private sector (a major player in non-oil export trade), to optimally harness the benefits of liberalisation in Nigeria’s non-oil trade sub-sector. JEL Codes: F14, F17, F41, F62

中文翻译:

贸易自由化政策是否提高了尼日利亚非石油出口贸易的表现?

贸易自由化政策转变几十年后,尼日利亚(石油净出口经济体)的非石油出口业绩不佳问题依然存在。在此背景下,鉴于尼日利亚特定研究缺乏分析深度,本研究从经验上回答了贸易自由化政策是否会促进尼日利亚非石油出口贸易的问题。该研究采用自回归分布滞后模型方法来分析贸易自由化政策对非石油出口贸易的影响。有证据支持贸易自由化政策,将其作为非石油出口的增长动力,该部门出口较多但收入很少。因此,该研究建议为私营部门(非石油出口贸易的主要参与者)的效率制定深思熟虑的公私伙伴关系安排,以最佳地利用尼日利亚非石油贸易子部门自由化的好处。JEL 代码:F14、F17、F41、F62
更新日期:2020-03-02
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