The African Growth and Opportunity Act and growth in sub‐Saharan Africa
A local projection approach
Bibliographic Data
| ID | 21543465 |
|---|---|
| Authors | Nathaniel P S Cook (Furman University Greenville South Carolina USA), Jason C Jones (0000-0001-8700-2890, Furman University Greenville South Carolina USA, corresponding author) |
| Year | 2021 |
| Volume | 44 |
| Issue | 1 |
| Pages | 234-261 |
| Publication date | 2021-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | World Economy (JOURNAL) |
| Journal identifiers | ISSN: 0378-5920 • E-ISSN: 1467-9701 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/twec.12995 |
| OpenAlex | W3035087128 |
| Language | EN |
| Citations received | 1 |
| References cited | 47 |
The African Growth and Opportunity Act (AGOA) is intended to increase exports and economic growth in sub‐Saharan Africa by providing trade preferences to eligible countries. While previous research has generally found a positive relationship between AGOA and exports, no previous research has investigated the relationship between AGOA and economic growth. We explore the dynamic relationship between AGOA and economic growth in sub‐Saharan Africa by applying the local projection method ( American Economic Review , 95, 2005 and 161) to estimate impulse responses. We find that a country's becoming eligible for AGOA preferences is associated with higher growth rates in the future, but that this effect may not be immediate, highlighting the importance of exploring the dynamic relationship between AGOA and growth
Development economics · Economics · International economics · International trade · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Global trade and economics · Mathematics
Estimation and Inference of Impulse Responses by Local Projections
Economic Reform and the Process of Global Integration
Does Trade Cause Growth?
The growth of world trade
Finance and Growth
What have we learned from a decade of empirical research on growth? It's Not Factor Accumulation
Human Capital and Growth
Estimating dynamic panel data models
Trade Policy and Economic Growth
The Next Generation of the Penn World Table
Economic Growth in a Cross Section of Countries
Trade Growth under the African Growth and Opportunity Act
Trade Policy, Trade Costs, and Developing Country Trade
Trade liberalisation and growth in developing countries
Exports and growth
A new data set of educational attainment in the world, 1950–2010
Trade orientation, distortions and growth in developing countries
Trade, Growth, and Poverty
Trade Reform, Adjustment and Growth
The Time for Austerity
A Contribution to the Empirics of Economic Growth
Returns to investment in education
Outward-Oriented Developing Economies Really Do Grow More Rapidly
| Citations per year | 0.5 |
|---|---|
| Citation span | 2024 - 2024 (1) |
| Highly cited | No |