Determinants of Intra-Regional Trade Flows in the Common Market for Eastern and Southern Africa

Determinants of Intra-Regional Trade Flows in the Common Market for Eastern and Southern Africa PDF Author: Tolessa Shanko Kerore
Publisher:
ISBN: 9783346269768
Category :
Languages : en
Pages : 204

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Book Description
Doctoral Thesis / Dissertation from the year 2019 in the subject Politics - International Politics - Region: Africa, grade: 4.00 (very good), course: Governance and Regional Integration - Trade integration, language: English, abstract: This study investigated the determinants of intra-regional trade within the Common Market for Eastern and Southern Africa (COMESA) region, with a specific focus on export trade from the period 2000 to 2016 by utilizing panel data. The study used trade intensity index to measure the intensification of trade among member states and employed an augmented gravity model to identify factors affecting intra-COMESA trade flows using OLS, Random effect and Poisson Pseudo-Maximum Likelihood (PPML) estimators. The results from the Trade Intensity Index (TII) measure indicate that although the intra-COMESA trade remains low for most of the members, the intensity result appear to increase at slow rate at regional level. The analysis indicates that the trade strength of intra-COMESA exports increased from 11 percent in 2000 to 13.6 percent in 2016 at regional level. More specifically, Egypt and Kenya have expanded their export trade among other members of COMESA, while Libya has the smallest export trade share followed by Eretria. The results from gravity model showed that other factors remaining constant, export trade flows within COMESA region are significantly influenced by Regional Trade Agreement (RTA), distance between members, adjacency, land lockedness, common language, electoral democracy, economic size, population size and overlapping memberships at different magnitude for each variable. Using PPML the estimation result shows that distance, economic size of the importer and adjacency of members are the most significant variables explaining export volume among members. It is recommended that COMESA members need to invest on complementary products (export diversification) where they have comparative advantage through identification of p

Determinants of Intra-Regional Trade Flows in the Common Market for Eastern and Southern Africa

Determinants of Intra-Regional Trade Flows in the Common Market for Eastern and Southern Africa PDF Author: Tolessa Shanko Kerore
Publisher:
ISBN: 9783346269768
Category :
Languages : en
Pages : 204

Get Book Here

Book Description
Doctoral Thesis / Dissertation from the year 2019 in the subject Politics - International Politics - Region: Africa, grade: 4.00 (very good), course: Governance and Regional Integration - Trade integration, language: English, abstract: This study investigated the determinants of intra-regional trade within the Common Market for Eastern and Southern Africa (COMESA) region, with a specific focus on export trade from the period 2000 to 2016 by utilizing panel data. The study used trade intensity index to measure the intensification of trade among member states and employed an augmented gravity model to identify factors affecting intra-COMESA trade flows using OLS, Random effect and Poisson Pseudo-Maximum Likelihood (PPML) estimators. The results from the Trade Intensity Index (TII) measure indicate that although the intra-COMESA trade remains low for most of the members, the intensity result appear to increase at slow rate at regional level. The analysis indicates that the trade strength of intra-COMESA exports increased from 11 percent in 2000 to 13.6 percent in 2016 at regional level. More specifically, Egypt and Kenya have expanded their export trade among other members of COMESA, while Libya has the smallest export trade share followed by Eretria. The results from gravity model showed that other factors remaining constant, export trade flows within COMESA region are significantly influenced by Regional Trade Agreement (RTA), distance between members, adjacency, land lockedness, common language, electoral democracy, economic size, population size and overlapping memberships at different magnitude for each variable. Using PPML the estimation result shows that distance, economic size of the importer and adjacency of members are the most significant variables explaining export volume among members. It is recommended that COMESA members need to invest on complementary products (export diversification) where they have comparative advantage through identification of p

The Free Trade Area of the Common Market for Eastern and Southern Africa

The Free Trade Area of the Common Market for Eastern and Southern Africa PDF Author: Victor Murinde
Publisher: Routledge
ISBN: 1351889400
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
In the last ten years, while GATT and (later) WTO were actively advocating the doctrine of free trade, the world witnessed unprecedented formation of regional trading blocs. Focusing on the prospects and challenges of the free trade area of the Common Market for Eastern and Southern Africa (COMESA) and the question of regional trade integration, the book also combines in-depth theoretical and empirical analysis with leading edge discussion of institutional and policy issues from a variety of African economies. This text makes a timely contribution not only to our understanding of the prospects and challenges of regional trading arrangements in Africa but also to the paradigm of regional trade integration in developing countries. Systematically structured, with thematically linked chapters and rigorous referencing, it is an essential guide for an international audience of academics, researchers, students and practitioners in International Trade, International Economics, Development Finance and Development Economics.

The Determinants of Intra- Regional Trade in Southern Africa

The Determinants of Intra- Regional Trade in Southern Africa PDF Author: Rashad Ismail Cassim
Publisher:
ISBN:
Category :
Languages : en
Pages : 500

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Book Description


Trade and Investment in Southern Africa

Trade and Investment in Southern Africa PDF Author: C. Chipeta
Publisher: Sapes Books
ISBN:
Category : Business & Economics
Languages : en
Pages : 174

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Book Description
"Southern Africa Regional Institute for Policy Studies"--Ser. t.p.

Regional Integration and the WTO Agreements

Regional Integration and the WTO Agreements PDF Author: Kamal Elmahdi
Publisher:
ISBN: 9783832236083
Category : Africa
Languages : en
Pages : 120

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Book Description


The Determinants of Intra-regional Trade in Southern Africa with Specific Reference to South Africa and the Rest of the Region

The Determinants of Intra-regional Trade in Southern Africa with Specific Reference to South Africa and the Rest of the Region PDF Author: Rashad Cassim
Publisher:
ISBN: 9780799220575
Category : Africa, Southern
Languages : en
Pages : 23

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Book Description


Assessing Regional Integration in Africa V

Assessing Regional Integration in Africa V PDF Author:
Publisher: UN
ISBN:
Category : Africa
Languages : en
Pages : 166

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Book Description
The fifth of the series (ARIA/V) has come at a time of renewed enthusiasm for shortening the period of the vision of the Abuja Treaty. Its overall objective is to provide an analytical research publication that defines frameworks for African Governments, the African Union and the Regional Economic Communities, towards accelerating the establishment of the African Common Market through: the speedy removal of all tariff and non-tariff barriers, obstacles to free movement of people, investments and factors of production in general across Africa, and through fast-tracking the creation of an African continental Free Trade Area

Assessing Regional Integration in Africa

Assessing Regional Integration in Africa PDF Author: United Nations. Economic Commission for Africa
Publisher: United Nations, Economic Commission for Africa
ISBN:
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
This publication examines progress towards regional integration in Africa; defined as one of the anchoring ideals of African unity and the basis for the New Partnership for Africa's Development (NEPAD) development framework. The report analyses the current state of the integration process, highlighting where efforts have succeeded or failed. Findings include that progress has been mixed across sectors, regional economic communities and member states; with some notable progress in trade, communications, transport and macroeconomic policy. Overall however, substantial gaps remain between goals and achievements of most regional economic communities, particularly in terms of internal African trade, macroeconomic policy convergence, production and physical connectivity. A summary report is also available (ISBN 9211250927)

Africa agriculture trade monitor 2019

Africa agriculture trade monitor 2019 PDF Author: Antoine Bouët
Publisher: Intl Food Policy Res Inst
ISBN: 0896296903
Category : Political Science
Languages : en
Pages : 184

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Book Description
The second annual Africa Agriculture Trade Monitor assesses emerging and long-term trends and drivers shaping Africa’s trade in agricultural products and evaluates the possible impacts of current trade tensions. The 2019 report focuses on intraregional trade and competitiveness, with chapters on measuring regional trade integration and competitiveness of agriculture, a feature chapter on the potential impact of global trade tensions, and an in-depth look at trade integration in the Eastern and Southern Africa region.

Regionalism and Africa’s Development

Regionalism and Africa’s Development PDF Author: S.K.B. Asante
Publisher: Springer
ISBN: 1349257796
Category : Business & Economics
Languages : en
Pages : 219

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Book Description
A critical appraisal of regionalism as a key strategy in Africa's development explaining the failures thus far of attempts at regional integration on the continent. This is the first text to highlight the main features of the new post-1990 regional initiatives such as the all-embracing African Economic Community and World Bank, IMF, African Development Bank, EC and French initiatives and the challenges to Africa from trading blocs elsewhere in the post-Uruguay Round environment.