Edwards, Lawrence and Balchin, Neil (2008): Trade related business climate and manufacturing export performance in Africa: A firm-level analysis. Published in: Journal of Development Perspectives , Vol. 4, No. 1 (October 2008): pp. 67-92.
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Africa continues to be marginalised in world trade of manufactured goods, despite reductions in tariffs and non-tariff barriers. This paper investigates whether high business and trade costs associated with Africa’s trade-related infrastructure, trade institutions and the regulatory environment have contributed towards its mediocre trade performance. The paper focuses on eight African countries - Egypt, Kenya, Madagascar, Mauritius, Morocco, South Africa, Tanzania and Zambia - using the World Bank’s investment climate surveys. The results of the study suggest that the business climate, as measured using principal components for micro-level supply constraints, macroeconomic conditions and the legal environment, is closely associated with firm-level export propensity. Improvements in domestic policy may therefore have a considerable positive impact on manufacturing export performance in Africa.
|Item Type:||MPRA Paper|
|Original Title:||Trade related business climate and manufacturing export performance in Africa: A firm-level analysis|
|Keywords:||Business climate, Africa, manufacturing firms, export performance|
|Subjects:||F - International Economics > F1 - Trade > F10 - General
F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade
|Depositing User:||Lawrence Edwards|
|Date Deposited:||17. Aug 2011 13:32|
|Last Modified:||13. Feb 2013 15:38|
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