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Erschienen in:
The Question of Africa’s Economic Sectors and Development Kapitel lesen Erstes Kapitel lesen

2022 | OriginalPaper | Buchkapitel

The Impact of Regional Integration on Trade and Economic Development: A Tripartite FTA Gravity Model for the Future of the AfCFTA

verfasst von : Eduard Marinov, Dimitar Zlatinov

Erschienen in: The Palgrave Handbook of Africa’s Economic Sectors

Verlag: Springer International Publishing

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Abstract

The chapter assesses the impact of regional trade integration in the Common Market for Eastern and Southern Africa, the Southern African Development Community, and the East African Community on exports of goods and services of member countries. We have adapted the gravity model of trade using a cross-country regression approach and data for the period 2000–2017. The objective is to assess the manner in which trade among member countries has been facilitated since joining regional trade agreements. The results show that the success of the trade communities under review depends on initial economic performance—trade integration has a less pronounced effect. It could lead to a lower real growth in exports for countries with higher exports before entering, thus rendering them inefficient.

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Vorheriges Kapitel The AfCFTA: Trade and Investments Benefit for Nigeria
Nächstes Kapitel Technological Progress via Imports and Economic Growth in Africa
Fußnoten
1
Angola, Botswana, Burundi, Comoros, DR Congo, Djibouti, Egypt, Eritrea, Eswatini, Ethiopia, Kenya, Lesotho, Libya, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Rwanda, Seychelles, Somalia, South Africa, South Sudan, Sudan, Tanzania, Tunisia, Uganda, Zambia and Zimbabwe.
 
2
One example is the export of flowers of African countries (such as roses from Kenya) which poses a number of problems for importers in terms of legislation (Kabatliyska and Anisimova 2010).
 
3
This issue may be linked to paradoxes in international transfers of capital and technologies. A model that captures structural characteristics of countries when international exchange of capital and technologies is considered is developed by Atanasov (2017).
 
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Metadaten
Titel
The Impact of Regional Integration on Trade and Economic Development: A Tripartite FTA Gravity Model for the Future of the AfCFTA
verfasst von
Eduard Marinov
Dimitar Zlatinov
Copyright-Jahr
2022
Buch
The Palgrave Handbook of Africa’s Economic Sectors

Print ISBN: 978-3-030-75555-3

Electronic ISBN: 978-3-030-75556-0

Copyright-Jahr: 2022

DOI
https://doi.org/10.1007/978-3-030-75556-0_30