The principal aim of this paper is to identify, in the context of the
relationship between openness and growth, factors that can account for
the poor growth performance of sub-Saharan African (SSA) countries. It
is specifically concerned with variables that have a policy
interpretation, especially in relation to trade.
After an initial introduction, the contents of this document are as
follows: section 2 presents a brief discussion of the data and
specifications used in the analysis. Section 3 presents the results for
the cross-section, or long-run, relationship. Section 4 extends this
analysis with panel estimates to explore the short-run aspects of the
relationships. Section 5 concludes with a summary of the main findings
and a discussion of the policy implications for African development.
Trade Openness, Trade Costs and Growth: why sub-Saharan Africa performs poorly, Centre for Research in Economic Development and International Trade (CREDIT), University of Nottingham, UK, 23 pp.
Trade Openness, Trade Costs and Growth: why sub-Saharan Africa performs poorly.