 Regional Integration and Trade in Agrifood Products: Evidence from the East African CommunityFrancis Ejones Journal of Global Economy, 2015, vol. 11, issue 3, 212-246 Abstract: This study examines the postulation that trade liberalization (regional integration) policies of LDCs normally undermine their presumed impact. The study is based on the experience of EAC trade agreement. It adopts the extended gravity model, to analyze the impact of this regional integration on food item. The model includes 168 countries and is estimated with panel data over the period 1988 – 2009. The Poisson estimation method took into account unobserved trade data characteristics of the bilateral trade relations. The results show that regional trade integration increased exports, normally at the expense of exports and welfare of non-members, and these exports were more reflective of food exports growth. The same has not been true for intra-bloc exports of food although the sector experienced an increase in exports resulting from the implementation of a trade agreement. The intra-bloc results are consistent with the structural rigidities of the exporting EAC Countries. Keywords: Regional Integration; Trade in Agrifood or Food Items or Products; EAC; Gravity Model and Poisson; Panel Data Analysis. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:jge:journl:1134 Ordering information: This journal article can be ordered from Access Statistics for this article Journal of Global Economy is currently edited by Dr J K SACHDEVA More articles in Journal of Global Economy from Research Centre for Social Sciences,Mumbai, India |
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