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The impact of African growth and opportunity act (Agoa) on U.S. imports from Sub-Saharan Africa (SSA) Author info | Abstract | Publisher info | Download info | Related research | Statistics Bedassa Tadesse (Department of Economics, University of Minnesota-Duluth, Duluth, MN, USA)
Bichaka Fayissa (Department of Economics and Finance, Middle Tennessee State University, Murfreesboro, TN, USA)
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We evaluate the impact of the unilateral trade policy concession known as African Growth and Opportunity Act (AGOA) on U.S. imports from eligible Sub-Saharan African (SSA) countries. Using U.S.-SSA countries' trade data that span the years 1991-2006, we find that AGOA has contributed to the initiation of new and the intensification of existing U.S. imports in both manufactured and non-manufactured goods and several product categories. However, compared to its import initiation impact, the import intensification effect of the Act has been marginal. Our results have important policy implication for further intensification of African exports to the U.S. markets. Copyright © 2008 John Wiley & Sons, Ltd.
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Article provided by John Wiley & Sons, Ltd. in its journal Journal of International Development .
Volume (Year): 20 (2008)
Issue (Month): 7 ()
Pages: 920-941
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Handle: RePEc:wly:jintdv:v:20:y:2008:i:7:p:920-941Contact details of provider: Web page: http://www3.interscience.wiley.com/journal/5102/home
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