Trade uncertainty in US and China on trade openness in Sub-Saharan Africa

Bibliographic Data

ID12917762
AuthorsWitness Nyasha Bandura (0000-0003-1311-312X, University of South Africa, corresponding author)
Year2021
Volume15
Issue1
Pages49-59
Publication date2021-12-08
Open AccessNo
TypeARTICLE
VenueChina Economic Journal (JOURNAL)
Journal identifiersISSN: 1753-8963 • E-ISSN: 1753-8971
PublisherRoutledge (PUBLISHER • GB)
DOI10.1080/17538963.2021.2014703
OpenAlexW4200416020
LanguageEN
Citations received1
References cited21

This study applies the system GMM technique to determine the impact of external trade uncertainty on trade openness for 35 countries in Sub-Saharan Africa, over the period 1985–2019 with 5-year non-overlapping data. Given the rapid globalisation and episodes of global economic uncertainty over the recent years, the research attempts to identify if trade uncertainty from outside of the region could affect trade openness in the region. There is strong evidence of a negative impact of trade uncertainty from both China, the US and the world on trade in Sub-Saharan Africa. The negative impact is, however, more severe from the world and followed by China. Comparatively, it can be concluded that China is more influential on Africa’s trade as compared to the US. It is, therefore, recommended that African economies should be concerned with trade uncertainty from around the world and put in place some measures to safeguard their economies

Bilateral trade · China · Commercial policy · Economic integration · Economics · Free trade · Geography · Globalization · International economics · International trade · Openness to experience · Safeguard · Trade barrier · World trade · Energy, Environment, Economic Growth · Global trade and economics · Market Dynamics and Volatility

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