Effects of the African Continental Free Trade Area on Enhancing Exports and Welfare in Selected East African Community Countries
Aristide Maniriho,
Jonas Barayandema and
Pascal Kayisire
The International Trade Journal, 2025, vol. 39, issue 5, 445-470
Abstract:
This study assesses the effects of the African Continental Free Trade Area’s (AfCFTA) and East African Community’s (EAC) memberships on export promotion and household welfare using panel data (1997 to 2020). Results reveal positively significant effects of domestic investment, imports, consumption, political stability, and governance effectiveness on export growth, while the impact of regional membership on exports was inconclusive. Household welfare was positively influenced by GDP, domestic savings, trade, rule of law, and corruption control. Surprisingly, EAC membership negatively affected welfare, and AfCFTA had a negligible impact. Policy efforts should focus on domestic investment and a conducive business environment to enhance EAC export competitiveness.
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:taf:uitjxx:v:39:y:2025:i:5:p:445-470
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DOI: 10.1080/08853908.2025.2511040
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