Regional economic integration and economic upgrading in global value chains: selected cases in Africa

被引:16
|
作者
Obasaju, Barnabas Olusegun [1 ]
Olayiwola, Wumi Kolawole [2 ]
Okodua, Henry [3 ]
Adediran, Oluwasogo Sunday [3 ]
Lawal, Adedoyin Isola [4 ]
机构
[1] Landmark Univ, Econ Dept, Omu Aran, Nigeria
[2] ECOWAS Commiss, Econ Policy Anal Unit, Abuja, Nigeria
[3] Covenant Univ, Dept Econ & Dev Studies, Ota, Nigeria
[4] Landmark Univ, Accounting & Finance Dept, Omu Aran, Nigeria
关键词
Regional economic integration; Economic upgrading; Global value chains; Least square dummy variable and feasible generalised least square; EAC; SACU and ECOWAS;
D O I
10.1016/j.heliyon.2021.e06112
中图分类号
O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];
学科分类号
07 ; 0710 ; 09 ;
摘要
This study examined the impact of regional economic integration on economic upgrading in global value chains (GVCs), of the East African Community (EAC), Southern African Customs Union (SACU) and the Economic Community of West African States (ECOWAS), from 2000 to 2015. Using the Least Square Dummy Variable (LSDV) technique, the results showed that regional economic integration is not a significant driver of the economic upgrading of their Members, in GVCs but one-period lagged backward participation in GVCs is. Considering labour productivity as an alternative measure of productivity in the place of productivity linked with participation in GVCs (economic upgrading), regional economic integration turned out to be a weak positively significant determinant. At a disaggregated level, regional economic integration significantly determined labour productivity in both EAC and SACU but not in ECOWAS. More regional efforts are needed to sufficiently aid the contribution of these African RECs to their Members' economic upgrading in GVCs.
引用
收藏
页数:12
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