African Continental Free Trade Area: What lessons can be learned from the regional integration experience of ECOWAS? Evaluation using the gravity model

Zone de libre-échange continentale: Quels enseignements tirés de l'expérience de l'intégration régionale de la CEDEAO ? Évaluation à l'aide du modèle de gravité

Ibrahima Alassane Ba and Said Toufik
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Ibrahima Alassane Ba: UM5 - Université mohamed 5, Rabat
Said Toufik: UM5 - Université mohamed 5, Rabat

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Abstract: This article proposes a study of the determinants of intra-ECOWAS trade at the dawn of African continental integration. The gravity model and panel data are used to analyze the impacts of commercial environment, trade facilitation, logistics environment, customs efficiency, and institutional opacity on intra-community trade. The results indicate that (i) the positive influence of the free trade agreement on intra-community exports is mitigated by the inadequacy of the commercial environment. (ii) Structural reforms of around 5% could stimulate intra-community and transnational trade by more than 25% and 134.68%, respectively. (iii) The impacts of sub-environments vary depending on destinations, and the institutional environment is a key reform axis to stimulate international exports, while the customs environment is a priority for intra-community trade

Keywords: Déterminants des échanges; intra-CEDEAO; intégration continentale africaine; ZLECAF; données de panel; environnement commercial; facilitation des échanges; environnement logistique; environnement institutionnel; environnement douanier. Communauté économique et régionale; modèle de gravité (search for similar items in EconPapers)
Date: 2023-04-01
New Economics Papers: this item is included in nep-int
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Published in African Scientific Journal, 2023, 3 (17), pp.580-601. ⟨10.5281/zenodo.7948433⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04103936

DOI: 10.5281/zenodo.7948433

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