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Proceedings of the German Development Economics Conference, 2011 (Berlin) >
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http://hdl.handle.net/10419/48295
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| Title: | | Multi-membership and effectiveness of regional trade agreements in Western and Southern Africa: a comparative study of ECOWAS and SADC  |
| Authors: | | Afesorgbor, Sylvanus Kwaku van Bergeijk, Peter A.G. |
| Issue Date: | | 2011 |
| Series/Report no.: | | Proceedings of the German Development Economics Conference, Berlin 2011 1 |
| 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. |
| Subjects: | | Sub Sahara Africa regional economic integration South-South trade North-South trade intra-regional trade gravity model international trade multi-membership |
| Document Type: | | Conference Paper |
| Appears in Collections: | | Proceedings of the German Development Economics Conference, 2011 (Berlin)
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