Please use this identifier to cite or link to this item:
http://hdl.handle.net/123456789/2753
Title: | Trade Policy and Economic Growth in Sub Saharan Africa: A panel data approach |
Authors: | Arega, Henok |
Keywords: | Tariffs, Real effective exchange rate, Growth, Cross country analysis |
Issue Date: | Aug-2011 |
Publisher: | St. Mary's University |
Abstract: | Despite a number of multi-country case studies utilizing comparable
analytical frameworks, numerous econometric studies using large crosscountry
data sets, and important theoretical advances in growth theory;
there is still disagreement among economists concerning how a country's
international economic policies and its rate of economic growth interact.
The central objective of this paper was to empirically assess the link between
trade policy and economic growth in sub-Saharan African countries. Apart
from reviewing available different literature, this study also provided
empirical evidence on the relationship between economic growth and trade
policies. In doing so, the study used a panel data covering 47 sub-Saharan
African countries over the periods 2000 – 2008. The estimation support
claims that openness to international trade stimulates both economic growth
and investment. Besides, trade policies such as average weighted tariff rate
and real effective exchange rate have both direct and indirect impacts on
economic growth. |
URI: | http://hdl.handle.net/123456789/2753 |
Appears in Collections: | The 3rd Multidisciplinary Research Seminar
|
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