Determinants of Trade Openness in Sub-Saharan Africa: Do Institutions Matter?

IF 0.9 Q3 ECONOMICS

INTERNATIONAL ECONOMIC JOURNAL Pub Date : 2021-01-02 DOI:10.1080/10168737.2020.1858323

Ibrahim Ngouhouo, Tii N. Nchofoung, A. A. Njamen Kengdo

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引用次数: 27

Abstract

ABSTRACT This paper aims to analyse the determinants of trade openness in Sub-Saharan Africa (SSA) countries focusing on the role play by domestic institutions. To achieve this, the Generalized Methods of Moments (GMM) is carried out on 36 SSA countries over the period 1996-2017. The results of our estimation reveal that domestic institutions as a composite index determines trade openness as a composite share of Squalli and Wilson (2011). In addition, government effectiveness, Regulatory quality and rule of law were all enhancing on trade openness. Moreover, access to sea, foreign direct investment, and trade openness lagged by one period all significantly determine trade openness in our estimations, with all these effects positive. When trade share was considered as a robustness check, inflation and population growth were further found to be significantly determine trade openness, whereas GDP per capital was significantly trade enhancing. This result was robust to alternative institutional measures and sensitive to the choices of countries and sample periods considered. The policy implications of study engaged the different states of SSA to focus on improving the quality of their domestic institutions in elaborating their international trade policies.

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撒哈拉以南非洲贸易开放的决定因素：制度重要吗？

摘要本文旨在分析撒哈拉以南非洲（SSA）国家贸易开放的决定因素，重点关注国内机构所扮演的角色。为了实现这一目标，在1996-2017年期间，对36个SSA国家进行了广义矩方法（GMM）。我们的估计结果表明，国内机构作为一个综合指数，决定了贸易开放度作为Squalli和Wilson（2011）的综合份额。此外，政府效率、监管质量和法治在贸易开放方面都在提高。此外，在我们的估计中，出海、外国直接投资和贸易开放滞后一个时期都显著决定了贸易开放，所有这些影响都是积极的。当贸易份额被认为是一种稳健性检验时，通货膨胀和人口增长进一步被发现在很大程度上决定了贸易开放程度，而人均国内生产总值则显著促进了贸易。这一结果对其他体制措施来说是稳健的，对所考虑的国家和样本期的选择也很敏感。该研究的政策含义使SSA的不同州在制定国际贸易政策时专注于提高其国内机构的质量。

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

INTERNATIONAL ECONOMIC JOURNAL Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

2.10

自引率

0.00%

发文量

期刊介绍： International Economic Journal is a peer-reviewed, scholarly journal devoted to publishing high-quality papers and sharing original economics research worldwide. We invite theoretical and empirical papers in the broadly-defined development and international economics areas. Papers in other sub-disciplines of economics (e.g., labor, public, money, macro, industrial organizations, health, environment and history) are also welcome if they contain international or cross-national dimensions in their scope and/or implications.