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The trade specialization of SANE: Evidence from manufacturing industries

Michele Alessandrini and Michael Batuo

European Journal of Comparative Economics, 2010, vol. 7, issue 1, 145-178

Abstract: This paper studies the evolution of the foreign trade specialization in manufacturing sectors of South Africa, Algeria, Nigeria and Egypt. These four countries, the so-called SANE, have recently been viewed as Africa’s best chance of producing an economic bloc whose role for Africa might be comparable to that of the BRIC economies of Brazil, Russia, India and China for the world economy. Using data on trade flows since mid-1970s, the results show that the SANE group has experienced few changes in its trade structure, which is still based on low-technology and slow-growth world demand sectors. The degree of persistence in the specialization model is higher in the case of Algeria and Nigeria, where the dependence on products based on natural resources is stronger.

Keywords: SANE; Trade specialization; Manufacturing; Lafay index (search for similar items in EconPapers)
JEL-codes: F14 N67 O24 O55 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (11)

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European Journal of Comparative Economics is currently edited by Matteo Migheli, Giovanni Ramello, Koji Domon, Peter Grajzl, David M. Kemme, Marcello Signorelli and Richard Watt

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