Productivity Growth in Nigerian Manufacturing and its Correlation to Trade Policy Regimes/Indexes (1962–1985)

"While the centrality of productivity enhancement to growth acceleration is one issue around which broad consensus exists in theory and empiricism, the role of trade policy in fostering productivity growth has received only modest attention. This study has been preoccupied with investigating the link between trade policy and productivity growth in the manufacturing sector of the Nigerian economy. Because of the relative paucity of studies explicitly devoted to this theme on the foreign scene and a near complete absence of similar works on the domestic front, we set a modest objective for the research. The chief concern of this paper was the estimation of total factor productivity growth (TFPG) for the aggregate manufacturing sector and across the various subsectors using alternative methodologies. It then proceeded to correlate these estimates with specific indexes of trade policy."