Publication:
Revisiting the Trade Impact of the African Growth and Opportunity Act: A Synthetic Control Approach

Simple item page
dc.contributor.authorKassa, Woubet
dc.contributor.authorCoulibaly, Souleymane
dc.date.accessioned2019-08-22T16:57:47Z
dc.date.available2019-08-22T16:57:47Z
dc.date.issued2019-08
dc.description.abstractThis study examines the impact of the African Growth and Opportunity Act using the synthetic control method, a quasi-experimental approach. The novelty in the approach is that it addresses problems of estimation that are prevalent in nonexperimental methods used to analyze the impact of preferential trade agreements. The findings show that most of the eligible countries registered gains in exports due to the African Growth and Opportunity Act. However, the results are varied, and the gains were largely unsteady. Much of the gains are due to exports of petroleum and other minerals, while there are few countries that were able to expand into manufacturing and other industrial goods. The positive trade impacts were largely associated with improvements in information and communications technology infrastructure, integrity in the institutions of legal and property rights, ease of labor market regulations, and sound macroeconomic environment, including stable exchange rates and low inflation. Undue exposure to a single market, like the United States, or few commodities may have also restricted the gains from trade.en
dc.identifierhttp://documents.worldbank.org/curated/en/673071566330630943/Revisiting-the-Trade-Impact-of-the-African-Growth-and-Opportunity-Act-A-Synthetic-Control-Approach
dc.identifier.doi10.1596/1813-9450-8993
dc.identifier.urihttps://hdl.handle.net/10986/32318
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 8993
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectAFRICA GROWTH AND OPPORTUNITY ACT
dc.subjectTRADE POLICY
dc.subjectSYNTHETIC CONTROL METHOD
dc.subjectPREFERENTIAL TRADE AGREEMENT
dc.subjectPOLICY EVALUATION
dc.subjectEXPORTS
dc.titleRevisiting the Trade Impact of the African Growth and Opportunity Acten
dc.title.subtitleA Synthetic Control Approachen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleRevisiting the Trade Impact of the African Growth and Opportunity Act: A Synthetic Control Approach
okr.date.disclosure2019-08-20
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/673071566330630943/Revisiting-the-Trade-Impact-of-the-African-Growth-and-Opportunity-Act-A-Synthetic-Control-Approach
okr.guid673071566330630943
okr.identifier.doi10.1596/1813-9450-8993
okr.identifier.doihttps://doi.org/10.1596/1813-9450-8993
okr.identifier.externaldocumentum090224b087078a4a_2_0
okr.identifier.internaldocumentum31349069
okr.identifier.reportWPS8993
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/673071566330630943/pdf/Revisiting-the-Trade-Impact-of-the-African-Growth-and-Opportunity-Act-A-Synthetic-Control-Approach.pdfen
okr.region.administrativeAfrica
okr.region.countryUnited States
okr.region.geographicalSub-Saharan Africa
okr.statistics.combined4037
okr.statistics.dr673071566330630943
okr.statistics.drstats3242
okr.topicInternational Economics and Trade::Export Competitiveness
okr.topicInternational Economics and Trade::International Trade and Trade Rules
okr.topicInternational Economics and Trade::Trade Liberalization
okr.topicInternational Economics and Trade::Trade Policy
okr.topicInternational Economics and Trade::Trade and Regional Integration
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.unitOffice of the Chief Economist, Africa Region
relation.isAuthorOfPublication87a89be1-564e-57a6-8827-b603d624fd3d
relation.isAuthorOfPublicationdf744946-61fa-55c4-9092-5ea497fa78c1
relation.isAuthorOfPublication.latestForDiscoverydf744946-61fa-55c4-9092-5ea497fa78c1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
WPS8993.pdf
Size:
1.75 MB
Format:
Adobe Portable Document Format
Description:
English PDF
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers