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Assessing RTAs inter-regional trade enhancement in Sub-Saharan Africa

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  • John Kagochi
  • Nazif Durmaz

Abstract

Regional Trade Agreements (RTAs) have been advocated as one way of securing trade liberalization by the IMF and World Bank. The study uses the gravity model of bilateral trade flows to empirically investigate the effects of RTAs on intra-regional trade on a set of 46 Sub-Saharan African (SSA) countries during 1995–2011 period. Our results indicate that three of the four selected RTAs have positive and statistically significant effect on the trade among the sub-Saharan African countries. Other included variables including distance, common language, shared border, shared colonial links, and common currency are found to be important determinants of trade among SSA countries.

Suggested Citation

  • John Kagochi & Nazif Durmaz, 2018. "Assessing RTAs inter-regional trade enhancement in Sub-Saharan Africa," Cogent Economics & Finance, Taylor & Francis Journals, vol. 6(1), pages 1482662-148, January.
    • Handle: RePEc:taf:oaefxx:v:6:y:2018:i:1:p:1482662
    DOI: 10.1080/23322039.2018.1482662
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    Cited by:

    1. Jámbor, Attila & Török, Áron, 2019. "A regionális kereskedelmi egyezmények létrejöttét meghatározó tényezők [Global drivers of regional trade agreements]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 418-433.
    2. Kadijat Adeleke, Oluwayemisi & Abamba Osakede, Uche & Monisola Ajeigbe, Omowunmi, 2021. "Trade Liberalization And Infrastructure Development: Evidence From The Economic Community Of West African States," Ilorin Journal of Economic Policy, Department of Economics, University of Ilorin, vol. 8(3), pages 1-20, June.
    3. Dr. Caroline Ntara, 2022. "What Does Africa Stand to Gain from the African Continental Free Trade Area?," International Journal of Science and Business, IJSAB International, vol. 16(1), pages 69-90.

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