An empirical assessment of the role of trade in services in export diversification in Sub-Saharan Africa

Bouraïma Sawadogo, Constant Fouopi Djiogap, Idrissa Ouedraogo () and Moukaila Mouzamilou Takpara

No 333397, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: This paper identifies the dimensions of international trade in services that promote export diversification in an unbalanced panel of 48 countries in Sub-Saharan Africa over the period 1996 - 2020. Using the System-Generalized Method of Moments (GMM), the results show that tourism, services total export, export in transport services, travel services, insurances services, financial services, use of licenses services and other business services promote export diversification in SSA. Governments should improve their business environment and strengthen services sector liberalization to attract more foreign direct investments in services. They should also adopt policies and strategies to develop and orient the services sector towards more efficient and high-value-added services.

Keywords: International Relations/Trade; International Relations/Trade (search for similar items in EconPapers)
Pages: 32
Date: 2022
New Economics Papers: this item is included in nep-afr and nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:333397

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