Measuring Trade Integration in Africa |
Antoine Bouët, Lionel Cosnard, David Laborde, |
IFPRI, Washington D.C., US & GREThA, Bordeaux, France AgroParisTech, Paris, France IFPRI, Washington D.C., US |
Corresponding Author:
Antoine Bouët ,Tel: +1 2028625600, Fax: +1 2028625606, Email: a.bouet@cgiar.org |
Copyright ©2017 The Journal of Economic Integration |
ABSTRACT |
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This paper reviews the literature on the measurement and characterization of trade integration in Africa. We offer the complete evaluation of available indicators and methodologies. The indicators include those that have recently emerged from network analysis including indicators of trade in value-added commodities. It is concluded that Africa is characterized by weak trade integration, particularly with the rest of the world. This is naturally explained by high trading costs that are evaluated by tariffs, non-tariff measures, and other trade costs, such as those related to border and documentary compliance. The region’s small number of trading partners and low product diversification are also noticeable. However, the use of more refined indicators shows that intra-African trade is relatively high when compared with trade with other continents, contrary to what can be concluded from some simple trade share indicators.
JEL Classification
F14: Empirical Studies of Trade F15: Economic Integration |
Keywords:
Trade Integration | Trade Indicators | Africa
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