The Effects of Trade and Trade Facilitation on Economic Growth in Africa

被引：60

作者：

Sakyi, Daniel ^{[1
]}

Villaverde, Jose ^{[2
,3
]}

Maza, Adolfo ^{[2
]}

Bonuedi, Isaac ^{[1
]}

机构：

[1] Kwame Nkrumah Univ Sci & Technol, Dept Econ, PMB, Kumasi, Ghana

[2] Univ Cantabria, Dept Econ, Avda Castros Sn, E-39005 Santander, Spain

[3] Univ Limerick, Kemmy Business Sch, Limerick, Ireland

来源：

AFRICAN DEVELOPMENT REVIEW-REVUE AFRICAINE DE DEVELOPPEMENT | 2017年 / 29卷 / 02期

关键词：

SUB-SAHARAN AFRICA; PANEL-DATA; OPENNESS; POVERTY; COUNTRIES; IMPACT; CHINA;

D O I：

10.1111/1467-8268.12261

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

This study investigates the effects of trade and trade facilitation on economic growth in Africa. To do so, we measure trade facilitation by means of three indicators, namely trade, export and import related costs, constructed by using principal component analysis. These indicators, in addition to several policy-relevant variables, are used as exogenous variables to estimate an augmented growth model which, with the aid of a dynamic system GMM estimation technique, properly addresses potential endogeneity concerns. The findings suggest that trade facilitation serves as an important channel through which trade affects economic growth.

引用

页码：350 / 361

页数：12

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