Nigeria - U.S. Trade Relations in the Non-Oil Sector

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Author :
Publisher : Universal-Publishers
ISBN 13 : 1599427036
Total Pages : 199 pages
Book Rating : 4.5/5 (994 download)

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Book Synopsis Nigeria - U.S. Trade Relations in the Non-Oil Sector by : Gbadebo Olusegun Odularu

Download or read book Nigeria - U.S. Trade Relations in the Non-Oil Sector written by Gbadebo Olusegun Odularu and published by Universal-Publishers. This book was released on 2008-11 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: In as much as trade fosters economic development, it also exacerbates poverty, especially in the sub Saharan African (SSA) countries. Against this backdrop, this study will increase our understanding of the estimation of non-oil commodity trade flows between Nigeria and the U.S. More specifically, the study aims to analysing the impact of African Growth Opportunity Act (AGOA) on the U.S. imports of non-oil products from Nigeria. The research objectives are woven around the following questions: - What is the nature of Nigeria's and the U.S.'s foreign trade policies with particular reference to non-oil trade? - What are the patterns, magnitude, composition and trends in Nigeria-US non-oil trade? - Which economic sectors possess greatest potential for fostering trade in the non-oil sector between Nigeria and the U.S.? - What is the impact of AGOA on the diversification and growth of non-oil exports in Nigeria? This study adopts the difference-in-differences (DiD) as the research methodology. Within the Nigerian context, DiD intuitively compares the trends in imports of AGOA non-oil products before and after AGOA with the pattern of imports of non-AGOA non-oil products before and after AGOA, controlling for the timing of AGOA, import capacity and economic performance of both U.S. and Nigeria. Using the World Trade Organisation (WTO) Integrated Data Base (IDB), the empirical analysis reveals that AGOA non-oil products increased by as much as 182 percent with the implementation of AGOA, while the non-AGOA non-oil products fell by 76 percent. Conclusively, AGOA has had a considerably positive impact on the Nigerian non-oil sector at the general level. The policy implication of the empirical analysis is the need for the U.S. to expand the product coverage and opportunities of AGOA non-oil products in order for AGOA to achieve its objectives of using trade as a potent tool for promoting economic growth in SSA.

Potentials for Diversifying Nigeria's Non-oil Exports to Non-traditional Markets

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Author :
Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Potentials for Diversifying Nigeria's Non-oil Exports to Non-traditional Markets by : C. Adeniyi Osuntogun

Download or read book Potentials for Diversifying Nigeria's Non-oil Exports to Non-traditional Markets written by C. Adeniyi Osuntogun and published by . This book was released on 1997 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Nigeria's Non-Oil Exports

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451965842
Total Pages : 40 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Nigeria's Non-Oil Exports by : Ms.Inutu Lukonga

Download or read book Nigeria's Non-Oil Exports written by Ms.Inutu Lukonga and published by International Monetary Fund. This book was released on 1994-05-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews Nigeria’s non-oil export performance during the period 1970-90, analyzes the factors underlying the dismal performance, and estimates the supply-price elasticity of the exports for both the short and long run. A distinguishing feature of the analysis is the incorporation of the effect of domestic demand in the export supply equation for agricultural commodity exports--a feature usually reserved for the manufactured goods where it is generally assumed that domestic demand competes with export demand. The results provide evidence of the adverse effects of restrictive government policies on exports and underscore the utility of pricing policy in eliciting export supply.

Non-Oil Exports and Economic Growth In Nigeria

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Author :
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783659622878
Total Pages : 140 pages
Book Rating : 4.6/5 (228 download)

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Book Synopsis Non-Oil Exports and Economic Growth In Nigeria by : Victor Ijirshar

Download or read book Non-Oil Exports and Economic Growth In Nigeria written by Victor Ijirshar and published by LAP Lambert Academic Publishing. This book was released on 2014-10-31 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is strictly an examination of the effect of non-oil export on economic growth of Nigeria. The basic aim is to examine the trend and composition of the non-oil export in Nigeria and investigate the extent of the contribution of non-oil export sector to the Nigerian economy. The study generate serious academic interest in evolving new methods and strategies needed in developing non-oil exports for higher productivity and efficient performance which in the long run will result to economic growth and development. Hence it evaluates the federal government incentives and schemes in promoting non-oil export trade promotion in Nigeria with focus on the immense derivable benefits from engaging in non-oil export and the resulting economic growth in Nigeria at aggregate level which are associated with the current international trends in global trade liberation. Virtually all the nations' foreign exchange was obtained from the exportation of oil products due to the economic boom in 1970s. Thus, it is pertinent in this study to discuss the causes and consequences of the neglect of the non-oil export in detail as well as trend examined since 1970 in order to note its growth.

Nigerian Non-oil Exports

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Author :
Publisher :
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Nigerian Non-oil Exports by : Chidi Adiele Ulelu

Download or read book Nigerian Non-oil Exports written by Chidi Adiele Ulelu and published by . This book was released on 2000 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Naira Exchange Rate Adjustment and the Promotion of Non-oil Exports in Nigeria

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Author :
Publisher : Nigerian Institute of Social and Economic Research (NISER), University of Ibadan
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Naira Exchange Rate Adjustment and the Promotion of Non-oil Exports in Nigeria by : A. 'Sesan Ayodele

Download or read book The Naira Exchange Rate Adjustment and the Promotion of Non-oil Exports in Nigeria written by A. 'Sesan Ayodele and published by Nigerian Institute of Social and Economic Research (NISER), University of Ibadan. This book was released on 1997 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Potentials for Diversifying Nigeria's Non-oil Exports to Non-ytaditional Markets

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Author :
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (114 download)

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Book Synopsis Potentials for Diversifying Nigeria's Non-oil Exports to Non-ytaditional Markets by :

Download or read book Potentials for Diversifying Nigeria's Non-oil Exports to Non-ytaditional Markets written by and published by . This book was released on 1997 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Nigeria's Non-oil Exports

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Author :
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Nigeria's Non-oil Exports by : Inutu Lukonga

Download or read book Nigeria's Non-oil Exports written by Inutu Lukonga and published by . This book was released on 1994 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Comparative Analysis on the Role of Crude Oil and Non-Oil Exports on Nigerian Economy

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Author :
Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis A Comparative Analysis on the Role of Crude Oil and Non-Oil Exports on Nigerian Economy by : James Leekaaga Fiiwe

Download or read book A Comparative Analysis on the Role of Crude Oil and Non-Oil Exports on Nigerian Economy written by James Leekaaga Fiiwe and published by . This book was released on 2017 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil export and nonoil export have remained sources of revenue for Nigeria over the years, however the over dependence on oil sector and neglect of the nonoil sector has raised issues on which export sector impacts more on the Nigeria economy. This study therefore carried out comparative analysis on the role crude oil export and nonoil export in relations to Nigeria's economic growth. Data were collected from CBN statistical bulletin from 1980-2015. OLS, Augmented dickey fuller, co-integration and error correction model were used to analyze the data. Findings suggest that both oil export sector and nonoil export sector have positive impact on GDP. The ADF showed that all the variables are stationary at first order of difference while the co-integration shows that two cointegrating variables. The error correction model indicates that oil export sector and nonoil export sector have long run relationship with Nigeria's GDP. It concludes that nonoil export has greater impact on the economy than the oil export sector for the period under review. Based on the findings, it is recommended that the government should implement export diversification policies. Non-oil sector exports should be encouraged. The development of the nonoil export sector will further improve the volume of exports and balance of trade in Nigeria.

The impact of FDI and non-oil exports on economic growth in Nigeria

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3668719578
Total Pages : 65 pages
Book Rating : 4.6/5 (687 download)

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Book Synopsis The impact of FDI and non-oil exports on economic growth in Nigeria by : Timothy Aderemi

Download or read book The impact of FDI and non-oil exports on economic growth in Nigeria written by Timothy Aderemi and published by GRIN Verlag. This book was released on 2018-06-06 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific Study from the year 2018 in the subject Economics - International Economic Relations, , language: English, abstract: The controversy surrounding the impact of FDI and non-oil exports on economic growth and the dynamic interactions of these economic variables in Nigeria motivated this study. Empirical studies have found divergent views on the effect of FDI and non-oil exports on economic growth in the country. However, in achieving the objectives of this study, the author employed the dynamic OLS and VARS modeling to analyze the relationship between FDI, non-oil exports and economic growth in Nigeria during the period of 1980 to 2016. In testing for the time series properties, the evidence from estimated economic models suggests that all the variables examined are stationary at first difference I(Is) using the Augmented Dickey- Fuller (ADF) and Phillips-Perron. Also, Johansen Co integration test reveals that the variables are co integrated which confirms the existence of long-run equilibrium relationship among the variables. The study reveals that the impact of FDI on the economic growth was significant and as a unit increase in FDI impacted positively by 64% on the productive capacity of goods and services in Nigeria during the period. Meanwhile, reverse is the case for non-oil exports. In addition, the interactions among FDI, nonoil exports and economic growth appear very weak and do not follow a predictable pattern in Nigeria: that foreign direct investment should lead to improvement in non-oil exports and eventually expand the frontier of economic growth. This suggests that there are some structural rigidities in the economy that are preventing the impact of non-oil exports from being fully felt by the economy, particularly through economic growth channel. This further reinforces the presence of some institutional factors that create inherent problems in the economy that could frustrate any valid and sincere investment policies formulated by the government. Therefore, the study recommends that the policy makers need to create friendly economic policies and business environment that will boost further attraction of FDI into all sectors of the economy and the economy must be diversified as well towards non-oil sector in order to ensure maximum contributions from this sector to economic growth of Nigeria in the nearest future.

Exchange Rate, and Trade Liberalization, and Non-oil Exports in Nigeria

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Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Exchange Rate, and Trade Liberalization, and Non-oil Exports in Nigeria by : M. Kwanashie

Download or read book Exchange Rate, and Trade Liberalization, and Non-oil Exports in Nigeria written by M. Kwanashie and published by . This book was released on 1998 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Building a Non-oil Export Based Economy for Nigeria

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Author :
Publisher :
ISBN 13 : 9783869559377
Total Pages : 425 pages
Book Rating : 4.5/5 (593 download)

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Book Synopsis Building a Non-oil Export Based Economy for Nigeria by : Simeon O. Jekayinfa

Download or read book Building a Non-oil Export Based Economy for Nigeria written by Simeon O. Jekayinfa and published by . This book was released on 2012 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Impact of Non-Oil Exports on Economic Growth in Nigeria

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Author :
Publisher :
ISBN 13 : 9783659909603
Total Pages : 52 pages
Book Rating : 4.9/5 (96 download)

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Book Synopsis The Impact of Non-Oil Exports on Economic Growth in Nigeria by : Olasupo Oyeleye

Download or read book The Impact of Non-Oil Exports on Economic Growth in Nigeria written by Olasupo Oyeleye and published by . This book was released on 2016-07-15 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Promoting Nigeria's Non-oil Private Sector

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Author :
Publisher :
ISBN 13 :
Total Pages : 310 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Promoting Nigeria's Non-oil Private Sector by :

Download or read book Promoting Nigeria's Non-oil Private Sector written by and published by . This book was released on 2005 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Enhancing Nigeria's Non-oil Export Competitiveness Through Trade Facilitation

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Publisher :
ISBN 13 : 9789781814945
Total Pages : 0 pages
Book Rating : 4.8/5 (149 download)

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Book Synopsis Enhancing Nigeria's Non-oil Export Competitiveness Through Trade Facilitation by : Bashir Adelowo Wahab

Download or read book Enhancing Nigeria's Non-oil Export Competitiveness Through Trade Facilitation written by Bashir Adelowo Wahab and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Nigeria: Non-oil Export Prospects

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Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (657 download)

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Book Synopsis Nigeria: Non-oil Export Prospects by : World Bank, Western Africa region programs I.

Download or read book Nigeria: Non-oil Export Prospects written by World Bank, Western Africa region programs I. and published by . This book was released on 1982 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Production in the Nigerian Economy

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Author :
Publisher :
ISBN 13 :
Total Pages : 146 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Production in the Nigerian Economy by :

Download or read book Production in the Nigerian Economy written by and published by . This book was released on 1993 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: