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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Market access for Nigeria's exports in the European Union: an assessment of the impact of the Lomé Convention and the Uruguay Round
Authors:Ogunkola, E. Olawale
Oyejide, T. AdemolaISNI
Year:2001
Periodical:The Nigerian Journal of Economic and Social Studies
Volume:43
Issue:1
Pages:15-45
Language:English
Geographic term:Nigeria
Subjects:European Union
trade policy
market
exports
Abstract:This paper presents an analysis of market access for Nigeria's exports in the EU by assessing the changes brought about by the Uruguay Round agreement and the Lomé Convention and their effects on the trade pattern of Nigeria. It focuses on the period 1992-1996. The paper breaks down changes in Nigeria's exports to the EU into various components in order to analyse various policies directed at exports of interest to Nigeria. First, it presents an account of Nigeria's policy with respect to market access issues and export promotion: the country's efforts at diversifying products and expanding the export market base. Next, it examines the structure and direction of Nigeria's exports, highlighting the dominance of the oil sector and the shrinking of the non-oil sector, as well as the dominance of the OECD, especially the EU and the USA, as trading partners. It then analyses trade control measures and reviews tariff and non-tariff measures facing Nigerian export products in the EU market. Next, it presents a market share model as a formal methodology for assessing the impact of various factors on exports and particularly for isolating the impact of market access changes, and the model's application to Nigeria's exports to the EU. In conclusion, the paper summarizes the major findings. Bibliogr., notes, ref., sum. [ASC Leiden abstract]
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