Analyzing the Efficiency of Trade in Africa: A Stochastic Frontier Gravity Approach to Assess Intra-African Exports Performance and Potential

被引:0
|
作者
Bakouan, Mariame [1 ]
机构
[1] Univ Norbert ZONGO, Dept Econ & Management, Appl Econ Lab, Koudougou, Burkina Faso
关键词
Gravity model; regional economic integration; stochastic frontier approach; trade efficiency; trade potential; SOUTH-SOUTH TRADE; AGREEMENTS; GEOGRAPHY; MODEL;
D O I
10.1080/08853908.2024.2317765
中图分类号
F [经济];
学科分类号
02 ;
摘要
The African integration projects established regional economic communities (RECs) to remove trade barriers and stimulate trade among the member countries. Our analysis aims to assess REC trading efficiency and explore trade potential. Assuming that any discrepancy between the observed trade level and the maximum predicted trade level is related to trade inefficiencies, the stochastic frontier gravity is estimated for a sample of 45 African exporting countries and their 43 African partners from 1996 to 2020. The results show low export efficiency among African countries, corresponding to sizable unexploited export capacities.
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页数:25
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