HCBE Faculty Articles
Export Performance of Developing Countries under the Africa Growth and Opportunity Act: Experience from US Trade with Sub‐Saharan Africa
Document Type
Article
Publication Title
Journal of Economic Studies
ISSN
1758-7387
Publication Date
2007
Abstract/Excerpt
Purpose– The purpose of this study is to assess the implications of US trade preferences under the African Growth and Opportunity Act (AGOA) and its impact on beneficiary country exports.
Design/methodology/approach– The approach is to use Wilcoxon signed rank test and time series regression analysis using ARIMA.
Findings– The results largely indicate that AGOA has a positive but not significant effect on beneficiary exports to the USA for all country groups. Its effect is also quite marginal on sectoral exports except for textiles and apparel. Similarly, AGOA's effect is positive but not significant for all major exporters except Lesotho.
Originality/value– A proper understanding of this relationship will help donors and recipients devise appropriate policies to help encourage the growth and diversification of exports that is so vital for developing countries.
DOI
10.1108/01443580710830970
Volume
34
Issue
6
First Page
515
Last Page
533
NSUWorks Citation
Seyoum, Belay, "Export Performance of Developing Countries under the Africa Growth and Opportunity Act: Experience from US Trade with Sub‐Saharan Africa" (2007). HCBE Faculty Articles. 1002.
https://nsuworks.nova.edu/hcbe_facarticles/1002
