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Do African countries pay more for imports ?

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  • Yeats, Alexander J.

Abstract

Using extensive time series information on unit values for homogenous goods, this paper first examines the distribution of import prices paid by developing countries whose trade is highly concentrated with a major exporting country (France), and compares these prices with those paid to France by other countries whose imports come from more diversified sources. The analysis employs correlation and regression tests to account for the influence of other economic and institutional factors such as the degree of market concentration, size of the importing market, or the number of alternative trading contacts on relative prices. The paper closes with an overall assessment of the findings for developing countries'trade and commercial policies and also suggests some lines of related research that appear to have a high priority.

Suggested Citation

  • Yeats, Alexander J., 1989. "Do African countries pay more for imports ?," Policy Research Working Paper Series 265, The World Bank.
  • Handle: RePEc:wbk:wbrwps:265
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    References listed on IDEAS

    as
    1. Kleiman, Ephraim, 1976. "Trade and the Decline of Colonialism," Economic Journal, Royal Economic Society, vol. 86(343), pages 459-480, September.
    2. Mordechai E. Kreinin, 1988. "How Closed is Japan's Market? Additional Evidence," The World Economy, Wiley Blackwell, vol. 11(4), pages 529-542, December.
    3. Hufbauer, G. C. & O'Neill, J. P., 1972. "Unit values of U.S. machinery exports," Journal of International Economics, Elsevier, vol. 2(3), pages 265-275, August.
    4. Bell, Frederick W & Murphy, Neil B, 1969. "Impact of Market Structure on the Price of a Commercial Banking Service," The Review of Economics and Statistics, MIT Press, vol. 51(2), pages 210-213, May.
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    Cited by:

    1. Culagovski, Jorge & Gabor, Victor & Germany, Maria Cristina & Humphreys, Charles P., 1991. "African financing needs in the 1990s," Policy Research Working Paper Series 764, The World Bank.
    2. Ad Koekkoek & Arie Kuyvenhoven & Willem Molle, 1990. "Europe 1992 and the Developing Countries: An Overview," Journal of Common Market Studies, Wiley Blackwell, vol. 29(2), pages 111-131, December.
    3. Kohnert, Dirk, 1993. "'Wir sind alle abgewertet!' Zur Anpassungskrise von Währung, Wirtschaft und Gesellschaft in der CFA-Zone," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 35-45.
    4. Kohnert, Dirk, 2005. "African Monetary Unions - Dominated by the North? On the Relevance of Rational Economic Reasoning Under African Conditions," MPRA Paper 82083, University Library of Munich, Germany.
    5. Rolf J. Langhammer, 1992. "The Developing Countries and Regionalism," Journal of Common Market Studies, Wiley Blackwell, vol. 30(2), pages 211-232, June.

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