Multi-Membership and the Effectiveness of Regional Trade Agreements in Western and Southern Africa: A Comparative Study of ECOWAS and SADC
Type de ressource
Auteurs/contributeurs
- Afesorgbor, Sylvanus Kwaku (Auteur)
- Van Bergeijk, Peter A. G. (Auteur)
Titre
Multi-Membership and the Effectiveness of Regional Trade Agreements in Western and Southern Africa: A Comparative Study of ECOWAS and SADC
Résumé
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.
Date
2011
Titre des actes
Proceedings of the German Development Economics Conference
Intitulé du colloque
German Development Economics Conference N°1
Lieu
The Hague
Maison d’édition
Institute of Social Studies
Volume
520
Langue
EN
Titre abrégé
Multi-Membership and the Effectiveness of Regional Trade Agreements in Western and Southern Africa
Catalogue de bibl.
DOI.org (Crossref)
Extra
ISSN 1556-5068
Référence
Afesorgbor, S. K., & Van Bergeijk, P. A. G. (2011). Multi-Membership and the Effectiveness of Regional Trade Agreements in Western and Southern Africa: A Comparative Study of ECOWAS and SADC. Proceedings of the German Development Economics Conference, 520. https://doi.org/10.2139/ssrn.1766522
Thématiques
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