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Effects of Trade and Exchange Rate Policies on Imports and Trade Tax Revenue in Nigeria

This paper examines the impact of trade and exchange rate policies on import and trade tax revenue in Nigeria. This study, which covers 1970 – 2007, adopted the ordinary least squares (OLS) method, and some diagnostic tests were performed. Time series properties of the variables were tested and error correction models were estimated. Results show that the average tariff in Nigeria has a negative impact (hinders) on import, with an impact lag. Specifically, it produced a significant negative impact on consumer goods and raw material imports, but a significant positive effect on capital goods im…

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    from http://www.ijss-ui.com.ng/publication/vol_8/issue_1/Article 2.pdf