Affiliation:
1. School of Economics and Management , Southwest Jiaotong University , Chengdu , China
Abstract
Abstract
The authors examine the impacts of quality of institutions, border and transport efficiency, physical and communication infrastructure on overall and intra-Africa trade covering 44 African countries and their 173 trade partners for the periods 2000–2014. Aggregate indicators are derived for the quality of economic institutions, border and transport efficiency, physical and communication infrastructure using principal component analysis. The findings disclose that intra-Africa and overall Africa's trade robustly determined by the quality of institutions, border and transport efficiency, physical and communication infrastructure. The estimates also indicate that the marginal effect of the quality of institutions, physical and communication infrastructure on trade flow appears to be increasing in GDP per capita. In contrast, the marginal effect of border and transport efficiency on trade decreases in GDP per capita. The authors compute the simulation of improving each indicator to the best performer in the sample. Their findings are robust to estimation method conducted to account for potential endogeneity.
Subject
General Economics, Econometrics and Finance
Reference44 articles.
1. Abe, K., and Wilson, J. (2008). Governance, corruption, and trade in the Asia Pacific Region. The World Bank Policy Research Working Paper No. 4731. https://openknowledge.worldbank.org/handle/10986/696110.1596/1813-9450-4731
2. Ancharaz, V., Mbekeani, K., and Brixiova, Z. (2011). Impediments to regional trade integration in Africa. Africa Economic Brief 2(11).
3. Andersen, L., and Babula, R. (2008).The link between openness and long-run economic growth. Journal of International Commerce, Economics and Policy.Version July 2008. https://www.usitc.gov/publications/332/journals/openness_growth_link.pdf
4. Araujo, L., Mion, G., and Ornelas, E. (2012). Institutions and export dynamics. CEP Discussion Paper No. 1118. http://cep.lse.ac.uk/_new/publications/series.asp?prog=CEP10.2139/ssrn.1998025
5. Assane, D., and Chiang, E. (2014). Trade, structural reform and institutions in Sub-Saharan Africa. Contemporary Economic Policy, 32(1): 20–29. https://doi.org/10.1111/j.1465-7287.2012.00338.x10.1111/j.1465-7287.2012.00338.x
Cited by
11 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献