Regional Economic Integration and Its Impact on Income Distribution and the Poverty Level: The Case of the WAEMU Zone

IF 1 Q3 GEOGRAPHY

Quaestiones Geographicae Pub Date : 2022-06-01 DOI:10.2478/quageo-2022-0014

C. E. W. Yameogo, J. Omojolaibi

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引用次数: 1

Abstract

Abstract This study investigated the influence of regional economic integration (REI) on poverty reduction and the revenue distribution in the West African Economic and Monetary Union (WAEMU) over the period 1994–2018. The second generation panel unit root tests and the Westerlund panel cointegration test were employed for preliminary analysis. The elasticities of the variables were investigated using the Pooled Mean Group (PMG) approach. The results showed that REI reduced income inequality and increased the poverty rate. Moreover, the causal relationship revealed the presence of a bidirectional relationship between REI and poverty. The feedback causal effect operated between REI and remittances, while unidirectional causality runs from REI to income inequality, from economic growth per capita to income inequality, from remittances to poverty, from the control of corruption to income inequality, and from remittances to economic growth. Consequently, the study recommends an easing of governmental regional integration restrictions and provision of subsidies that help to increase the volume of trade and financial development while reducing poverty in the union.

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区域经济一体化及其对收入分配和贫困水平的影响——以西非经货联盟地区为例

摘要本研究调查了1994-2018年期间区域经济一体化对西非经济货币联盟（西非经货联盟）减贫和收入分配的影响。采用第二代面板单位根检验和Westerlund面板协整检验进行初步分析。变量的弹性使用集合均值组（PMG）方法进行研究。结果表明，REI减少了收入不平等，提高了贫困率。此外，因果关系揭示了REI与贫困之间存在双向关系。反馈因果效应在REI和汇款之间运作，而单向因果关系从REI到收入不平等，从人均经济增长到收入不公平，从汇款到贫困，从腐败控制到收入不平衡，从汇款对经济增长。因此，该研究建议放松政府的区域一体化限制，并提供补贴，以帮助增加贸易和金融发展的数量，同时减少联盟的贫困。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Quaestiones Geographicae GEOGRAPHY-

CiteScore

2.00

自引率

10.00%

发文量

审稿时长

12 weeks

期刊介绍： Quaestiones Geographicae was established in 1974 as an annual journal of the Institute of Geography, Adam Mickiewicz University, Poznań, Poland. Its founder and first editor was Professor Stefan Kozarski. Initially the scope of the journal covered issues in both physical and socio-economic geography; since 1982, exclusively physical geography. In 2006 there appeared the idea of a return to the original conception of the journal, although in a somewhat modified organisational form. Quaestiones Geographicae publishes research results of wide interest in the following fields: •physical geography, •economic and human geography, •spatial management and planning,