Journal of African Trade

Volume 5, Issue 1-2, December 2018
Research Article

1. The consequences of Brexit for Africa: The case of the East African Community☆

Andrew Mold
Pages: 1 - 17
How will Brexit impact on Africa? This paper looks at the available empirical evidence and carries out a Computable General Equilibrium simulation, focusing particularly on the prospects for the East African Community (EAC). The paper makes three main points. First, while the direct impacts through investment,...
Research Article

2. Trade dependence, liberalization, and exports diversification in developing countries☆

Patrick N. Osakwe, Amelia U. Santos-Paulino, Berna Dogan
Pages: 19 - 34
This paper explores the relationship between trade, trade liberalization, and exports diversification in developing and Sub-Saharan African (SSA) countries. The non-parametric analyses indicate that developing countries that are more open to trade (based on trade intensity) tend to have more diversified...
Research Article

3. Trade facilitation and social welfare in Africa☆

Daniel Sakyi, Isaac Bonuedi, Eric Evans Osei Opoku
Pages: 35 - 53
Improving social welfare in the developing world remains a top priority on the global development agenda, as policymakers and international development partners worldwide strive to meet the Sustainable Development Goals by 2030. Using data on 40 African countries over the period 2010–2015, this paper...
Research Article

4. Oil prices and African stock markets co-movement: A time and frequency analysis

Grakolet Arnold Zamereith Gourène, Pierre Mendy
Pages: 55 - 67
This paper examines the co-movement between OPEC (Organization of Petroleum Exporting Countries) oil prices and the six largest African stock markets. We used wavelet coherence to analyze the evolution of this relationship both in time and by frequency. Our results show that the co-movement between African...
Research Article

5. How well does observable trade data measure trade friction costs? Evidence from member countries within the Economic Community of West African States (ECOWAS)

Festus Ebo Turkson
Pages: 69 - 86
This paper is an empirical application of the micro-founded measure of trade costs by Head and Mayer (2004) and Novy (2013). The derived micro-founded measure, consistent with the Ricardian and heterogeneous firm’s models of trade, captures all trade costs components that hitherto have been impossible...