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Effects of Imposing Import Tariffs on a Country's Economic Growth-A case study on Malawi

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英文摘要

目录

CHAPTER 1:INTRODUCTION

1.1 Background of the Research

1.2 Research aims and Objectives

1.3 Literature Review

CHAPTER 2:THEORETICAL ANALYSIS OF IMPORT TARIFFS

2.1 Definition of Import Tariffs

2.2 Types and Uses of Import Tariffs

2.3 Theory of Import Tariffs and Its Economic Effects

CHAPTER 3: MALAWI ECONOMIC DEVELOPMENT AND TRADE POLICY

3.1 Malawi Economic Development

3.2 The Malawi Import Trade Policy

3.3 The Malawi Import Tariff Policy

CHAPTER4 RESEARCH METHODS

4.1 Data Source

4.2 Data Analysis

4.3 Regression Model Selection

4.4 ARIMA Model

4.5 Variable Explanation

4.6 Estimation Results

CHAPTER 5: RESULTS–IMPORT POLICY AND ECONOMIC GROWTH

5.1 Descriptive Analysis

5.2 Bivariate Analysis

5.3 Analysis of Empirical Test Results

CHAPTER 6:CONCLUSION AND RECOMMENDATIONS

参考文献

APPENDIX A:SUMMARY OF TARIFFS AND DUTY RANGES

APPENDIX B:AUTOREGRESSIVE INTEGRATED MOVING AVERAGE TABLE

致谢

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摘要

There has been an ongoing debate as to whether there is any relationship between imposition of import tariffs and economic growth in developing countries.Thus,this paper aims at empirically and theoretically analysing the effects that imposition of import tariffs have on economic growth in Malawi over the period of 1982–2011.This relationship is examined using the Autoregressive Moving Average (ARIMA) model which will test the effect of an implemented import tariff policy on GDP growth.
  The Autoregressive Moving Average regression results reveal that there is a relationship between imposed import tariffs and economic growth in Malawi,that is,a reduction in the average import tariff rate leads to a rise in GDP growth.These results strongly support the role,import trade can play in Malawi’s economic development.This means that by adopting good import tariff policies,Malawi will eventually boost domestic production hence the GDP growth.

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