The Impact of Trade Liberalisation on Export Growth and Import Growth in Sub-Saharan Africa

Lanre Kassim

Studies in Economics from School of Economics, University of Kent

Abstract: This paper adopts panel data methodologies to investigate the impact of trade liberalisation on export growth and import growth across 28 Sub-Saharan African countries from 1981 to 2010. We find that trade liberalisation increases the growth of exports, however, imports grow faster by approximately two percentage points which gives a prima facie evidence that the trade balance in the region deteriorated in the post-liberalisation era. We also find that trade liberalisation significantly raises the price elasticity of demand for exports and imports, however, it does not significantly affect income elasticity of demand.

Keywords: Trade liberalisation; Export growth; Import growth; Price and Income elasticities of demand; Sub-Saharan Africa (search for similar items in EconPapers)
JEL-codes: C23 F13 F14 O55 (search for similar items in EconPapers)
Date: 2013-05
New Economics Papers: this item is included in nep-afr, nep-fdg and nep-int
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Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:ukc:ukcedp:1310

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