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Periodical article | Leiden University catalogue | WorldCat |
Title: | Why is agricultural trade within ECOWAS so high? |
Editor: | Cissokho, Lassana |
Year: | 2013 |
Periodical: | Journal of African Economies (ISSN 0963-8024) |
Volume: | 22 |
Issue: | 1 |
Pages: | 22-51 |
Language: | English |
Geographic term: | West Africa |
Subjects: | agricultural trade ECOWAS economic models international trade trade restrictions |
External link: | https://jae.oxfordjournals.org/content/22/1/22.full.pdf |
Abstract: | It is widely believed that the countries of Africa trade relatively little with the outside world, and among themselves, despite an extensive network of regional trade agreements. The authors examine this proposition by focusing on agricultural trade. Specifically, they ask whether non-tariff barriers (NTBs) are stunting agricultural trade within the Economic Community of West African States (ECOWAS), a grouping of fifteen countries in West Africa that has removed tariffs on agricultural trade among its members. A survey of truckers in Tambacounda (Senegal) in August 2009 found evidence of extensive bribery by police and border officials, effectively representing a barrier to trading. The authors estimate a unit-elastic structural gravity model of agricultural trade, using data from 135 countries for 2000, 2003 and 2006, and employing Tobit and other types of structural specification. A robust result emerges: agricultural trade among the countries of ECOWAS is higher than one would expect. This does not mean that there are no NTBs within ECOWAS, but it does imply that any such barriers are less harmful to agricultural trade in ECOWAS than in the world as a whole. Similar effects are found for the Common Market for Eastern and Southern Africa (COMESA) and the Southern African Development Community (SADC). This suggests that African countries are not averse to agricultural trade, and local traders have been effective at exploiting trade opportunities. App., bibliogr., notes, ref., sum. [Journal abstract] |