Tariff effects on industrial performance: symmetric and asymmetric evidence from Nigeria
Richard O. Ojike,
Marius Ikpe,
Joseph Chukwudi Odionye
et al.
Abstract:PurposeDespite the government’s efforts to protect domestic industries from foreign competition through tariffs, the industrial sector’s contribution to GDP continued to decline in Nigeria. Based on the scenario, this study assessed the symmetric and asymmetric effects of tariffs on industrial performance in Nigeria for the period 1988–2021. Tariff was captured with a tariff rate applied to the weighted mean of all products, while industry value added as a percent of GDP was used as a proxy for industrial perf… Show more
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