Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/269047 
Year of Publication: 
2022
Series/Report no.: 
AGDI Working Paper No. WP/22/040
Publisher: 
African Governance and Development Institute (AGDI), Yaoundé
Abstract: 
The study has contributed to the extant literature on the relevance of the African Continental Free Trade Agreement (AfCFTA) by assessing how financial development dynamics can moderate the incidence of African trade integration on female labour force participation. The focus is on 47 African countries for the period 1995 to 2019 and the empirical evidence is based on Fixed Effects regressions. The findings show that financial development moderates African trade integration to engender an overall positive effect on female labour force participation. Moreover, financial depth proxied by liquid liabilities should reach a threshold of approximately 15.47 (% of GDP) in order to completely dampen an initial negative incidence of intra-African trade integration on female labor force participation. It follows that financial development becomes a necessary and sufficient condition to moderate intra-African trade integration in order to positively affect female labor force participation only when the established threshold of financial depth is attained. Other policy implications are discussed.
Subjects: 
Trade
Financial development
Inclusion
Gender
Africa
JEL: 
G20
I10
I32
O40
O55
Document Type: 
Working Paper

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