The Generative Power Of Air Freight In The Trade Openness - Economic Growth Nexus In African Countries
Foreign trade matters considerably more than ever in today's integrated economies, and the wealth of benefits afforded by air transport is one of the cornerstones of international trade. Therefore, to shed light on the precise role of air cargo, seen as an important motor of growth, this paper provides an empirical model to examine the relationships among trade openness, air freight volume and GDP "per capita" using panel cointegration techniques for a sample of Economic Commission for Africa (ECA) countries during the 1970-2002 period. Copyright (c) 2008 The Authors. Journal compilation (c) 2008 Economic Society of South Africa.
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Volume (Year): 76 (2008)
Issue (Month): 3 (09)
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