An empirical assessment of the role of trade in services in export product diversification in Sub-Saharan Africa
Bouraima Sawadogo (),
Constant Fouopi Djiogap,
Idrissa Ouedraogo () and
Moukaila Mouzamilou Takpara
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Bouraima Sawadogo: Pan African University - African Union Commission
Constant Fouopi Djiogap: University of Yaoundé II, Cameroon
Moukaila Mouzamilou Takpara: Pan African University - African Union Commission
Journal of Productivity Analysis, 2024, vol. 61, issue 3, No 4, 229-257
Abstract:
Abstract This paper identifies the dimensions of international trade in services that promote export product diversification in an unbalanced panel of 48 countries in Sub-Saharan Africa (SSA) over the period 2005–2019. Using the two-step system Generalized Methtod of Moments (GMM), the results show that tourism, total services exports, export in transport services, travel services, insurances services, financial services, use of licenses services and other business services promote export product diversification in SSA. Policy makers can make commercial services export an important lever for export products diversification by adopting policies and strategies to develop and orient the commercial services towards more efficient and high value-added services.
Keywords: Trade in services; Tourism; Export product diversification; GMM; Sub Saharan Africa; F13; F14; Z32 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:kap:jproda:v:61:y:2024:i:3:d:10.1007_s11123-023-00685-0
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DOI: 10.1007/s11123-023-00685-0
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