Democracy and Intra-Africa Trade
Whelsy BOUNGOU, Francis OSEI-TUTU, Amara ZONGODespite numerous efforts by policymakers, trade among African countries remain abysmal. In this paper, we investigate whether democracy affects intra-Africa trade of goods. Using the gravity model on bilateral trade flows among 48 Sub-Sahara African countries over the period 2000 to 2018, we find that democracy fosters intra-Africa goods trade. This effect is more pronounced in the manufacturing sector. Reversals to autocracy however adversely impacts intra-Africa trade flows. Our paper therefore highlights democratic development as an important channel for accelerating trade among African countries.
Publication type:
Scientific Article
Date de parution:
03/2024
Link reference:
Support:
Comparative Economic Studies