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Periodical article | Leiden University catalogue | WorldCat |
Title: | South-South Trade: Geography Matters |
Authors: | Coulibaly, Souleymane Fontagné, Lionel |
Year: | 2006 |
Periodical: | Journal of African Economies |
Volume: | 15 |
Issue: | 2 |
Pages: | 313-341 |
Language: | English |
Geographic term: | West Africa |
Subjects: | Union Economique et Monétaire Ouest-Africaine international trade infrastructure road transport landlocked countries international relations Economics and Trade |
External link: | https://jae.oxfordjournals.org/content/15/2/313.full.pdf |
Abstract: | Intra-subsaharan African trade appears to be very limited, an outcome that is often justified on the grounds of the size of the exporting and the importing economies. If that were the explanation, there would be no untapped trade potential. The authors argue instead that the main determinant of this 'missing trade' is geography. Being landlocked (and poor) translates into very high trade costs. In this paper, they measure the impact of geographical impediments on South-South trade. They focus on the intra and extra regional trade of the countries belonging to the West African Economic and Monetary Union (WAEMU, which have been involved in an integration process since the early days of their independence. They derive and estimate an Armington-based model highlighting the impact of geography and infrastructures on bilateral trade flows within this region. App., bibliogr., notes, ref., sum. [Journal abstract] |