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The impact of multilateral trade agreements on intra-regional trade : the case of SADC and ECOWAS

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dc.contributor.advisor Aregbeshola, Rafiu Adewale
dc.contributor.author Osarumwense, Uwakata Yvonne
dc.date.accessioned 2021-04-01T14:34:11Z
dc.date.available 2021-04-01T14:34:11Z
dc.date.issued 2021-02
dc.identifier.uri http://hdl.handle.net/10500/27227
dc.description.abstract This study examines the comparative impact of multilateral trade agreements on intra-regional trade in the Southern African Development Community (SADC) and the Economic Community of West African States (ECOWAS) regions in Africa. Annual data was gathered from 2000 to 2018 and dynamic panel data and econometric techniques were used to control for individual country characteristics, endogeneity, serial correlation, heteroscedasticity and interdependencies between the countries in each region. Two estimations were done, one using the tariff measures of multilateral agreements, the second using non-tariff measures of multilateral agreement. The results of the empirical analysis show that the SADC region has a slight edge over ECOWAS in terms of technological progress and investment, especially in trade infrastructure. However, the ECOWAS levels of employment and economic growth are higher than those in the SADC region. These differences further translate into differences that drive intra-African trade in these regions, and how they relate to the role of multilateral agreements in intra-African trade in each of these regions. While technology and investment are key drivers and enhancers of intra-African trade in SADC countries, economic growth and employment stand out as key enhancers of intra-African trade in ECOWAS, especially where multilateral agreement is represented by tariff measures. This study reports that when non-tariff measures are used to represent multilateral agreements, export trade costs, in addition to investment and technology, are the key drivers of intra-African trade in SADC countries. For ECOWAS, under non-tariff measures of multilateral agreements, only economic growth drives intra-African trade. en
dc.format.extent 1 online resource (x, 146 leaves) en
dc.language.iso en en
dc.subject Intra-African trade en
dc.subject Multilateral agreement en
dc.subject Investment en
dc.subject Institutional environment en
dc.subject Tariff and non-tariff trade barriers en
dc.subject Panel data estimation en
dc.subject.ddc 382.9168
dc.subject.lcsh Customs unions -- Africa en
dc.subject.lcsh Africa -- Commercial treaties en
dc.title The impact of multilateral trade agreements on intra-regional trade : the case of SADC and ECOWAS en
dc.type Thesis en
dc.description.department Business Management en
dc.description.degree D. Phil. (Business Management) en


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