Productivity Growth In Nigeria Manufacturing Industries And Its Correlation To Trade Policy Indexes:- Okpara Ogbonna W

Abstract

This paper examines the impact of productivity growth in Nigeria manufacturing industries and its correlation with trade policy indexes in Nigeria from 1981 – 2018. The objective of the study is to ascertain productivity growth in Nigeria manufacturing industries and its correlation with trade policy indexes. Secondary data were collected based on the model used in the research work and unit root test was conducted on the data to test their stationary, after which we perform co-integration test to analyze the long run relationship among the variables. The result obtained from our empirical analysis shows that trade policy indexes reforms has a significant effect on manufacturing productivity in Nigeria and that manufacturing industry productivity has no impact on economic growth in Nigeria. The study therefore recommend that Nigeria should adopt more policies on trade liberalization like reducing non-tariff barriers, reducing tariffs, reducing or eliminating quotas that will enable the economy to grow at spectacular rates. Keywords: Trade Liberalization, Government, Nigeria, Quotas, Economic Growth, Productivity.