Nigeria’s multilateral trade with the g8 economies-a gravity model approach | Blazingprojects Postgraduate Thesis
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Nigeria’s multilateral trade with the g8 economies-a gravity model approach

 

Table Of Contents


Chapter ONE

INTRODUCTION

  • 1.1Introduction
  • 1.2Background of Study
  • 1.3Problem Statement
  • 1.4Objective of Study
  • 1.5Limitation of Study
  • 1.6Scope of Study
  • 1.7Significance of Study
  • 1.8Structure of the Research
  • 1.9Definition of Terms

Chapter TWO

LITERATURE REVIEW

  • 2.1Overview of Multilateral Trade
  • 2.2Historical Perspectives on Trade Relations
  • 2.3Theoretical Frameworks in International Trade
  • 2.4Impact of Multilateral Trade Agreements
  • 2.5Trade Patterns and Trends
  • 2.6Trade Policies and Regulations
  • 2.7Trade Facilitation Measures
  • 2.8Trade Promotion Strategies
  • 2.9Challenges in Multilateral Trade
  • 2.10Opportunities in Multilateral Trade

Chapter THREE

RESEARCH METHODOLOGY

  • 3.1Research Methodology Overview
  • 3.2Research Design and Approach
  • 3.3Data Collection Methods
  • 3.4Sampling Techniques
  • 3.5Data Analysis Procedures
  • 3.6Research Instruments
  • 3.7Ethical Considerations
  • 3.8Limitations of the Research

Chapter FOUR

DATA PRESENTATION AND ANALYSIS

  • 4.1Data Analysis and Interpretation
  • 4.2Trade Relations with G8 Economies
  • 4.3Comparative Analysis of Trade Performance
  • 4.4Factors Influencing Trade Flows
  • 4.5Trade Imbalances and Remedies
  • 4.6Policy Recommendations
  • 4.7Implications for Future Research
  • 4.8Case Studies and Examples

Chapter FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

  • 5.1Summary of Findings
  • 5.2Conclusions Drawn from the Study
  • 5.3Implications for Policy and Practice
  • 5.4Recommendations for Stakeholders
  • 5.5Contributions to the Field of Study

Thesis Abstract

It is an undeniable fact that trade has been facilitating growth and development of countries across the world. This underscores the recent upsurge in establishing multilateral trade relationship between Nigeria and other countries especially, the G8 member countries. While these realities are still contestable in terms of the potential benefits of the trade linkage that Nigeria stands to gain, the trajectory of the influx of export to Nigeria from the latter countries calls for a concern and a need to investigate the possible socio-economic, political and geographical variables that trigger this trend. It is in view of this, that this study empirically investigates the magnitude of the factors driving increasing Nigeria-G8 multilateral trade relations. To achieve this, we employ the augmented variant of gravity model (GM) that allows for the inclusion of country specific and country-pair characteristics in addition to the traditional GM variables (income and distance). We find that Economic Size, Population, the Geographical Landmass, Degree of Trade Openness, and Exchange Rate of the trading partners, drive multilateral trade flows between Nigeria and the G8 member countries. Therefore, promoting a broad-based diversification of the Nigerian economy is crucial for more beneficial Nigeria-G8 trade relations.

Thesis Overview

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