Showing 1 - 10 of 53
Evidence indicates that trade costs are a much more substantial barrier to trade than tariffs are, especially in Sub-Saharan Africa. This paper decomposes trade costs into: (i) trade facilitation, (ii) non-tariff barriers, and (iii) the costs of business services. The paper assesses the poverty...
Persistent link: https://www.econbiz.de/10012969265
Inequalities in the opportunity to obtain a good education in low-income countries are widely understood to be related to household resources and schooling quality. Yet, to date, most researchers have investigated the contributions of these two factors separately. This paper considers them...
Persistent link: https://www.econbiz.de/10012908944
Africa is estimated to have great potential for agricultural production, but there are a number of constraints inhibiting the development of that potential. Spatial data are increasingly important in the realization of potential as well as the associated constraints. With crop production data...
Persistent link: https://www.econbiz.de/10012971677
Firms normally keep certain inventories, including raw materials, work-in-progress, and finished goods, to operate seamlessly and not to miss possible business opportunities. But inventory is costly, and the optimal firm inventory differs depending on various economic conditions, including trade...
Persistent link: https://www.econbiz.de/10012971678
Infrastructure is an important driving force for economic growth. It reduces trade and transaction costs and stimulates the productivity of the economy. Africa has been lagging behind in the global manufacturing market. Among others, infrastructure is an important constraint in many African...
Persistent link: https://www.econbiz.de/10012971679
There is substantial evidence that with the progressive global decline in tariffs over several decades, trade costs are a more significant barrier to trade than tariffs, especially in Sub-Saharan Africa. This paper decomposes trade costs into three categories: costs that can be lowered by trade...
Persistent link: https://www.econbiz.de/10012972682
Market integration is key to ensuring sufficient and stable food supplies. This paper assesses the impediments to market integration in Central and Eastern Africa for three food staples: maize, rice, and sorghum. The paper uses a large database on monthly consumer prices for 150 towns in 13...
Persistent link: https://www.econbiz.de/10012972889
The East African Community has long recognized that regional economic integration can yield significant welfare gains to its member states. To that end, the community has been making steady progress towards the removal of tariffs and quantitative restrictions to trade. Moreover, in recent years,...
Persistent link: https://www.econbiz.de/10012975157
Integration in the East African Community offers significant opportunities not only to expand trade among member states, but more importantly to scale up regional production to take advantage of much larger global market opportunities. Special economic zones are a potentially valuable instrument...
Persistent link: https://www.econbiz.de/10012975453
Sound infrastructure is critical for growth in East Africa. During 1995-2005, improvements in infrastructure boosted growth by one percentage point per year, due largely to wider access to information and communication technologies (ICTs). Although power infrastructure sapped growth in other...
Persistent link: https://www.econbiz.de/10012975705