TRADE POLICY AND INCOME INEQUALITY IN NIGERIA
Nwosa Philip I. and Adegenro Muiz Adeniji
Volume 5 Issue 1
Abstract
The study examined the relationship between trade policy and income inequality in Nigeria for the period 1980 to 2023. The study employed the Auto-regressive Distributed Lag (ARDL) regression estimate to achieve the objective of the study. The result of the ARDL estimate showed an insignificant relationship between trade policy and income inequality in Nigeria. This implies that trade policy is not a significant determinant of income inequality in Nigeria and that trade policy has not contributed to reducing inequality in Nigeria. Drawing from this conclusion, the study recommends the need for more reaching foreign policy that would contribute to creating employment opportunities with the aim of closing the inequality gap in Nigeria. Keywords: Trade Policy, Income Inequality, ARDL, Nigeria
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