Cooke, Edgar F. A. (2011): A matching approach to study the impact of agoa on Sub-Saharan African countries.

Preview |
PDF
MPRA_paper_34670.pdf Download (542kB) | Preview |
Abstract
The impact of the USA's agoa preferences on SSA countries is studied using a matching approach. The results indicate that agoa beneficiaries have exported less to the USA compared to their matched controls. However, this has not been the case for their exports to the EU which has seen a higher share of exports relative to the control group. In addition, the results show that, in the short--run the SSA countries reduce exports to the EU in order to take advantage of agoa. Thus, due to capacity constraints these countries switched exports from the EU to the USA market. China, OECD, European and other developed countries are excluded from the control group used in the analysis. We therefore do not expect the strengths of these economies to be driving any of our results
Item Type: | MPRA Paper |
---|---|
Original Title: | A matching approach to study the impact of agoa on Sub-Saharan African countries |
Language: | English |
Keywords: | African Growth and Opportunity Act, Africa, Trade preferences, Matching |
Subjects: | F - International Economics > F0 - General > F00 - General F - International Economics > F1 - Trade > F10 - General |
Item ID: | 34670 |
Depositing User: | Edgar F A Cooke |
Date Deposited: | 13 Nov 2011 23:55 |
Last Modified: | 27 Sep 2019 17:34 |
References: | Caliendo, M., and Kopeinig, S. (2008). Some Practical Guidance for the Implementation of Propensity Score Matching. Journal of Economic Surveys, 22(1): 31–72. ISSN 1467-6419. DOI 10.1111/j.1467-6419.2007.00527.x. URL http://onlinelibrary.wiley.com/ doi/10.1111/j.1467-6419.2007.00527.x/abstract. Collier, P., and Venables, A. J. (2007). Rethinking Trade Preferences to Help Diversity African Exports. URL http://www.cepr.org/pubs/PolicyInsights/CEPR_Policy_ Insight_002.asp. Condon, N., and Stern, M. (2011). The effectiveness of African Growth and Opportunity Act (AGOA) in increasing trade from Least Developed Countries: a systematic review. London: EPPI-Centre, Social Science Research Unit, Institute of Education, University of London. Frankel, J. A., and Romer, D. (1999). Does Trade Cause Growth? American Economic Review, 89: 379 – 399. URL doi:10.1257/aer.89.3.379. Frazer, G., and Van Biesebroeck, J. (2010). Trade Growth under the African Growth and Opportunity Act. Review of Economics and Statistics, 92(1): 128–144. DOI 10.1162/rest.2009.12111. URL http://dx.doi.org/10.1162/rest.2009.12111. GAO (2008). U.S. Trade Preference Programs Provide Important Benefits, but a More Integrated Approach Would Better Ensure Programs Meet Shared Goals. Discussion paper, GAO, Washington D. C. GAO Report. Heckman, J., Ichimura, H., and Todd, P. (1997). Matching As An Econometric Evaluation Estimator: Evidence from Evaluating a Job Training Programme. Review of Economic Studies, 64(4): 605–654. URL http://www.scopus.com/inward/record.url? eid=2-s2.0-0001622038&partnerID=40. Hirano, K., Imbens, G. W., and Ridder, G. (2003). Efficient Estimation of Average Treatment Effects Using the Estimated Propensity Score. Econometrica, 71(4): 1161–1189. URL http://ideas.repec.org/a/ecm/emetrp/v71y2003i4p1161-1189.html. Imbens, G. W. (2010). Better LATE Than Nothing: Some Comments on Deaton (2009) and Heckman and Urzua (2009). Journal of Economic Literature, 48: 399–423. DOI 10.1257/jel.48.2.399. URL http://www.aeaweb.org/articles.php?doi=10.1257/jel.48.2.399. Imbens, G. W., and Angrist, J. D. (1994). Identification and Estimation of Local Average Treatment Effects. Econometrica, 62(2): 467–475. DOI 10.2307/2951620. URL http://www.jstor.org/stable/2951620. Lederman, D., and Özden, C. (2007). Geopolitical Interests and Preferential Access to U.S. Markets. Economics and Politics, 19(2): 235 – 258. DOI http://dx.doi.org/10.1111/j.1468-0343.2007.00312.x. Neuhaus, M. (2005). Opening economies succeed: More trade boosts growth. URL http://www.dbresearch.com/PROD/DBR\_INTERNET\_EN-PROD/ PROD0000000000189232.PDF. Deutsche Bank Research Working Paper. Nielsen, R., and Sheffield, J. (2009). Matching with Time-Series Cross-Sectional Data. Working Paper, Accessed July 11, 2011. Nouve, K. (2005). Estimating the Effects of AGOA on African Exports Using a Dynamic Panel Analysis. URL http://ssrn.com/abstract=1026204. Nouve, K., and Staatz, J. (2003). The African Growth and Opportunity Act and the Latent Agricultural Export Response in Sub-Saharan Africa. Paper prepared for the 2003 Annual Meeting of the American Agricultural Economics Association, Montreal, Quebec, Canada, July 27-30. Rosenbaum, P. R., and Rubin, D. B. (1983). The Central Role of the Propensity Score in Observational Studies for Causal Effects. Biometrika, 70(1): 41–55. DOI 10.2307/2335942. URL http://www.jstor.org/stable/2335942. Rosenbaum, P. R., and Rubin, D. B. (1985). Constructing a Control Group Using Multivariate Matched Sampling Methods That Incorporate the Propensity Score. The American Statistician, 39(1): 33–38. DOI 10.2307/2683903. URL http://www.jstor.org/stable/2683903. Seyoum, B. (2007). Export performance of developing countries under the Africa Growth and Opportunity Act Experience from US trade with Sub-Saharan Africa. Journal of Economic Studies, 34(6): 515 – 533. URL DOI:10.1108/01443580710830970. Tadesse, B., and Fayissa, B. (2008). The impact of African Growth and Opportunity Act (AGOA) on U.S. imports from Sub-Saharan Africa (SSA). Journal of International Development, 20(7): 920–941. Tadesse, B., Fayissa, B., and McColley, A. (2008). Does a Unilateral Policy Change Promote Trade? The Case of African Growth and Opportunity Act. Working paper. USITC (2007). Sub-Saharan Africa: Factors Affecting Trade Patterns of Selected Industries First Annual Report. Discussion paper, US International Trade Commission. URL www.usitc.gov. Accessed July 14, 2009. Yasar, M., and Rejesus, R. M. (2005). Exporting status and firm performance: Evidence from a matched sample. Economics Letters, 88(3): 397–402. DOI 10.1016/j.econlet.2005.05.001. URL http://www.sciencedirect.com/science/ article/B6V84-4GGWG5Y-2/2/f6663013aaf4ab694ac29c7c900f2d65. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/34670 |
Available Versions of this Item
- A matching approach to study the impact of agoa on Sub-Saharan African countries. (deposited 13 Nov 2011 23:55) [Currently Displayed]