You have no items in your shopping cart.
ABSTRACT
This study examines the relationship between trade and economic growth in Nigeria. Utilizing an autoregressive distributed lag (ARDL) model to analyze the data, the research investigates how exports, imports, and trade openness contribute to Nigeria's GDP growth. The findings reveal that both exports and trade openness have a positive and statistically significant impact on economic growth, while the effect of imports is more nuanced, depending on the nature and composition of imported goods. The study also identifies key sectors where trade has the most significant influence on growth and highlights policy implications for enhancing Nigeria's trade performance. Recommendations include diversifying export products, improving trade policies, and investing in infrastructure to support trade activities. The results underscore the critical role of trade in driving Nigeria's economic development and provide a foundation for future research on optimizing trade strategies for sustainable growth.
