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Open AccessArticle

Effect of Economic Integration on Agricultural Export Performance in Selected West African Countries

Department of Economics, Business School, University of Aberdeen, Aberdeen AB24 3RX, UK
Economies 2019, 7(3), 79; https://doi.org/10.3390/economies7030079
Received: 10 June 2019 / Revised: 25 July 2019 / Accepted: 1 August 2019 / Published: 6 August 2019
(This article belongs to the Special Issue Innovation and Socioeconomic Development)
The paper investigates the effect of economic integration on agricultural export performance in West African economies using the gravity model of bilateral trade on the annual time series data straddling the period 1970 to 2016. The empirical evidence is based on the pooled OLS and fixed effects estimator. We find that economic integration, as measured by trade openness, is a remarkably strong predictor of export performance in the region. We also examine the effect of geographical distance measured by effective nominal exchange rates and we find it has a negative effect on agricultural export performance. The paper recommends the adoption of a common currency to help mitigate exchange rate negativity that serves as resistance to trade in the region. Likewise, proactive agricultural research, extension and market driven strategies are strongly advocated for driven competition and economic efficiency within the regional agricultural sector. View Full-Text
Keywords: economic integration; agricultural; export; West Africa economic integration; agricultural; export; West Africa
MDPI and ACS Style

Shobande, O.A. Effect of Economic Integration on Agricultural Export Performance in Selected West African Countries. Economies 2019, 7, 79.

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