Obstacles to Expanding Intra-African Trade:

This paper analyses the determinants of intra-African trade (IAT) to assess the potential obstacles to greater sub-regional trade. Both economic and political arguments suggest that increased IAT can foster a regional take-off. Trade linkages in Africa, however, are very weak. Official statistics sh...

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Bibliographische Detailangaben
1. Verfasser: Longo, Roberto (VerfasserIn)
Weitere Verfasser: Sekkat, Khalid (MitwirkendeR)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Paris OECD Publishing 2001
Schriftenreihe:OECD Development Centre Working Papers
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Zusammenfassung:This paper analyses the determinants of intra-African trade (IAT) to assess the potential obstacles to greater sub-regional trade. Both economic and political arguments suggest that increased IAT can foster a regional take-off. Trade linkages in Africa, however, are very weak. Official statistics show that IAT is a small fraction of each country's total trade and has remained roughly constant over the years. The main obstacles suggested in the literature include trade policy, insufficient infrastructure, non-convertibility of currencies, ethnic, cultural and linguistic diversity and very high political instability. In order to rank such potential obstacles, the study develops an extended gravity model, using a new panel dataset for 41 African countries during the 1980-97 period. Bilateral trade flows between African countries and their major trading partners have been used to identify specific obstacles to IAT. Besides traditional gravity variables (income, income per capita ...
Beschreibung:1 Online-Ressource (33 Seiten) 21 x 29.7cm
DOI:10.1787/042583120128

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