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Multi-membership and effectiveness of regional trade agreements in Western and Southern Africa: a comparative study of ECOWAS and SADC

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Author Info

  • Afesorgbor, Sylvanus Kwaku
  • van Bergeijk, Peter A.G.

Abstract

Using a gravity model for 35 countries and the years 1995-2006 we estimate the impact of regional trade agreements in Africa (in particular ECOWAS and SADC) and compare this to the a benchmark of North South trade integration (Europe's preferential trade agreement). We find that - ECOWAS and SADC membership significantly increases bilateral trade flows (and by more than for example preferential trade agreements with the EU do), - SADC membership has a stronger impact compared to ECOWAS and - that the impact of multi-membership critically depends on the characteristics of the overlapping RTA We find a positive impact if an additional membership complements the integration process of the original RTA: overlapping memberships had a significant positive effect on bilateral trade within the ECOWAS bloc but it is insignificant for SADC. --

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Bibliographic Info

Paper provided by Verein für Socialpolitik, Research Committee Development Economics in its series Proceedings of the German Development Economics Conference, Berlin 2011 with number 1.

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Date of creation: 2011
Date of revision:
Handle: RePEc:zbw:gdec11:1

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Related research

Keywords: Sub Sahara Africa; regional economic integration; South-South trade; North-South trade intra-regional trade; gravity model; international trade; multi-membership;

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Cited by:
  1. Sylvanus Kwaku Afesorgbor, 2013. "Revisiting the Effectiveness of African Economic Integration. A Meta-Analytic Review and Comparative Estimation Methods," Economics Working Papers 2013-13, School of Economics and Management, University of Aarhus.
  2. Festus Ebo Turkson, . "Trade Agreements and Bilateral Trade in Sub-Saharan Africa: Estimating the Trade Effects of the EU-ACP PTA and RTAs," Discussion Papers 12/07, University of Nottingham, CREDIT.
  3. Festus Ebo Turkson, . "Using Observable Trade Data to Measure Bilateral Trade Costs in Sub-Saharan Africa," Discussion Papers 12/06, University of Nottingham, CREDIT.

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