TRADE LIBERALIZATION AND FORMAL-INFORMAL SECTOR WAGE DIFFERENTIAL IN NIGERIA
Journal Title: Asian Economic and Financial Review - Year 2013, Vol 3, Issue 12
Abstract
This study assessed the role of trade liberalization on the formal-informal sector of Nigeria. It examined whether or not the trade liberalization process have any effect on both the reduction in the wage differential between registered and non-registered (roughly formal and informal) workers and the decrease in the proportion of registered workers. The study used both secondary and primary data via the administration of questionnaires to discuss the channels through which trade liberalization could affect these two variables and put forward an empirical approach to test the existence of any correlation between them. The results from the study revealed that the fall in the wage gap between registered and non-registered workers in the manufacturing sector was affected by trade-related variables, particularly, by the import penetration ratio. However, the study did not find robust evidence that trade liberalization had a substantial effect on the decrease in the proportion of registered workers.
Authors and Affiliations
MATTHEW A. Oluwatoyin| Department of Economics & Development Studies, College of Development Studies, Covenant University, Ota, Nigeria, AZUH Dominic| Department of Economics & Development Studies, College of Development Studies, Covenant University, Ota, Nigeria
Keywords
Related Articles
- EP ID EP1985
- DOI -
- Views 456
- Downloads 24
INTELLECTUAL CAPITAL AND FIRM PERFORMANCE OF COMMERCIAL BANKS IN MALAYSIA
Intellectual capital is an important element of the theory explaining firm performance. The purpose of this paper is to determine the relationship between the level of intellectual capital efficiency in terms of Human Ca...
THE TAIWANESE BUSINESSMEN ASSESS THE INVESTMENT ENVIRONMENT OF CHINA – CONSTRUCTION AND APPLICATION OF PR AHP PROGRAM
The economy of China has been rapidly growing in recent years. One of the important reasons is that there are a large number of foreign capital investments made in China. Creating a good investment environment in order t...
THE IMPACT OF TRADE OPENNESS ON PER CAPITA INCOME IN KUWAIT
This research paper seeks to investigate the impact of trade openness on the per capita income of Kuwait. Its findings suggest that in Kuwait, trade openness has a negative impact on the per capita income. The results al...
FINANCIAL AND NON FINANCIAL DETERMINANTS OF CORPORATE SOCIAL RESPONSIBILITY
Accounting, economic, social and political, and slack resources theories provide different perspectives to addressing corporate social responsibility in relation to disclosure, corporate financial performance e.t.c. This...
SUSTAINABLE GROWTH AND FIRM RISK FROM THE SIGNALING PERSPECTIVE
This study attempts to examine the relevance of sustainable growth and its influence on firm’ financial and business risks and Compare the relative information content of them. Based on sampling, 85 firms from Tehran Sto...