The Intensity of Trade Creation and Trade Diversion in COMESA, ECCAS and ECOWAS: A Comparative Analysis
This paper uses the gravity model to estimate the intensity of trade creation and trade diversion in COMESA, ECCAS and ECOWAS. Using annual data for the years 1991--8, we find that the intensity of trade creation or diversion varies from region to region and from period to period. The empirical results suggest that the intensity of trade creation is higher in the ECOWAS followed by COMESA. The trade creation effect in the ECCAS is not collaborated empirically. The estimated results also suggest that the trade diversion effects are weak in the three regional organisations. The results reinforce the idea that size factors (level of GNP and population) and resistance factors (distance and language) play an important role in the determination of the flow of international trade. Copyright 2005, Oxford University Press.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 14 (2005)
Issue (Month): 1 (March)
|Contact details of provider:|| Postal: |
Phone: +44-(0)1865 271084
Fax: 01865 267 985
Web page: http://www.jae.oupjournals.org/
More information through EDIRC
|Order Information:||Web: http://www.oup.co.uk/journals|
When requesting a correction, please mention this item's handle: RePEc:oup:jafrec:v:14:y:2005:i:1:p:117-141. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.