Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/43405 
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dc.contributor.authorFernández Puente, Adolfo C.en
dc.contributor.authorBengoa Calvo, Martaen
dc.contributor.authorCarrera Poncela, Anaen
dc.date.accessioned2010-06-16-
dc.date.accessioned2010-12-16T15:55:04Z-
dc.date.available2010-12-16T15:55:04Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/43405-
dc.description.abstractThe dismal growth performance of Africa in the last decades is one of the main worries of the global economy. In this paper we design an empirical model to explain how the growth rate of the economy is affected by changes in international trade. The main message of the model is that integration enables countries to exchange more varieties of goods and take advantage of some spillovers linked to the export-import process. These predictions are tested using GMM technique in a panel data performed on a sample of 22 countries belonging to the Sub-Sahara region over the period 1970-2002. The estimations suggest that Africa's growth rates are positively related to a more open attitude and to a greater integration in international markets. However, the empirical analysis also points out the need of a certain degree of 'social capacity' to ensure a successful integration. Finally, our results imply that African nations can profit from the economic growth of the OECD countries, as they are the main buyers of the region.en
dc.language.isoengen
dc.publisher|aColegio de Economistas de A Coruña |cA Coruñaen
dc.relation.ispartofseries|aEconomic Analysis Working Papers |x2009,1en
dc.subject.ddc330en
dc.subject.keywordinternational tradeen
dc.subject.keywordeconomic growthen
dc.subject.keywordpanel data estimulationen
dc.subject.stwWirtschaftswachstumen
dc.subject.stwAußenwirtschaften
dc.subject.stwAfrika südlich der Saharaen
dc.titleHow changes in international trade effect African growth?-
dc.type|aWorking Paperen
dc.identifier.ppn628572999en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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