EconPapers    
Economics at your fingertips  
 

Determinants of West African international agricultural trade

A. Mancal and G. Barros

No 277203, 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia from International Association of Agricultural Economists

Abstract: Agricultural production is clearly an important component of West African international trade, especially of its non-extractive exports. And the improved trade performance of the countries is one of the most important pillars of the regional economic integration process. Thus, the purpose here is to identify determinants of West African international trade flows. For this purpose, the expanded Structural Gravity model was used. The overall pattern of international agricultural transactions in this region is dominated by extra-regional transactions and there are differences between intra- and extra-regional determinants. In global transactions, flows are higher among member countries of the Economic Community of West African States (ECOWAS) and the West African Economic and Monetary Union (WAEMU) does not significantly affect those flows. On the other hand, ECOWAS does not have a significant impact on intra-regional agricultural trade and flows are greater among WAEMU member countries. Geographical distance has no significant effect on West African extra-regional international agricultural trade. Commercial agricultural production of the region s countries is focused on extra-regional trade, which is justified by the regional divergence between supply and demand. In order to increase intra-regional international agricultural transactions, expanding regional agroindustrialization is essential to ensure convergence between supply and demand. Acknowledgement :

Keywords: International; Relations/Trade (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-int
Date: 2018-07
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://ageconsearch.umn.edu/record/277203/files/1328.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:iaae18:277203

Access Statistics for this paper

More papers in 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia from International Association of Agricultural Economists Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2018-12-08
Handle: RePEc:ags:iaae18:277203