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The objective of this research is to reexamine the constraints to export supply in ECOWAS countries, mainly in intra-regional trade. To achieve this objective, we use gravity model estimated with the Pseudo-Poisson Maximum Likelihood (PPML) techniques. Our results show that the number of...
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This paper investigates bilateral trade flows and the level of openness across ECOWAS-15 nations for the period of 1981-2013 using Poisson pseudo maximum likelihood (PPML), fully modified ordinary least squares (FMOLS) and canonical cointegrating regression (CCR). Comparing the results, the...
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Since institutional quality can either create or destroy incentives for individuals to engage in trade, it has become a source of worry to policymakers, as it can limit both intra- and extra-regional trade. Based on this, we empirically analyzed the extent to which national institutional quality...
Persistent link: https://www.econbiz.de/10014235320
Koffi, Siméon: Sources of growth: some key factors. - S. 18. - Igue, John O.: The environment and economic growth in West Africa. - S. 48. - Okechukwu, Agugua Augustine: The place of culture in economic growth and development in West Africa. - S. 81. - Akanle, Olayinka: Culture, cultural...
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The concept of globalization refers to the growing interdependence of countries, resulting from the increasing integration of trade, finance, investments, labor markets and ideas in one globalmarketplace. The most important elements of this process are the international trade and the...
Persistent link: https://www.econbiz.de/10011992014