Democracy and Intra-Africa Trade
Idioma
EN
Article de revue
Este ítem está publicado en
Comparative Economic Studies. 2023-01-11
Resumen en inglés
Despite numerous efforts by policymakers, trade among African countries remains abysmal. In this paper, we investigate whether democracy influences intra-Africa trade of goods. Using the gravity model on bilateral trade ...Leer más >
Despite numerous efforts by policymakers, trade among African countries remains abysmal. In this paper, we investigate whether democracy influences intra-Africa trade of goods. Using the gravity model on bilateral trade among 48 Sub-Sahara African countries over the period 2000 to 2018, we find that democracy fosters intra-Africa goods trade. This effect is more pronounced in the manufacturing sector. Reversals to autocracy, however, adversely impact intra-Africa trade flows. Our paper therefore highlights democratic development as an important channel for accelerating trade among African countries.< Leer menos
Palabras clave en inglés
Democracy
Intra-Africa trade
Gravity model
Centros de investigación