North-South Trade : Is Africa Unusual? /

We estimate a gravity model to address the question of whether Africa's bilateral trade with industrial countries is 'unusual' compared with other developing country regions. Our main finding is that the unusually low level of African trade is explained by economic size, geographical...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Coe, David
Muut tekijät: Hoffmaister, Willy
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 1998.
Sarja:IMF Working Papers; Working Paper ; No. 1998/094
Linkit:Full text available on IMF
Kuvaus
Yhteenveto:We estimate a gravity model to address the question of whether Africa's bilateral trade with industrial countries is 'unusual' compared with other developing country regions. Our main finding is that the unusually low level of African trade is explained by economic size, geographical distance, and population. This result holds after controlling for a country's access to the sea, composition of exports, linguistic ties with industrial countries, and trade policies. If anything, the average African country tends to 'overtrade' compared with developing countries in other regions, although the degree to which Africa overtrades has steadily declined over the past two-and-one-half decades.
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Ulkoasu:1 online resource (27 pages)
Aineistotyyppi:Mode of access: Internet
ISSN:1018-5941
Pääsy:Electronic access restricted to authorized BRAC University faculty, staff and students