Measuring multi-membership in economic integration and its trade-impact. A comparative study of ECOWAS and SADC
Sylvanus Afesorgbor and
Peter Bergeijk
Economics Working Papers from Department of Economics and Business Economics, Aarhus University
Abstract:
One of intriguing aspects of African Regional Trade Agreements (RTAs) is the extent of multi-membership, where many Africa countries are members of more than one RTA. Using a gravity model for 25 countries and the years 1980-2006 we measure the extent of multi-membership and compare its impact in two major African Regional blocs, ECOWAS and SADC. We find that the impact of multi-membership critically depends on the characteristics of the multi-membership of regional integration initiatives. We find a positive impact if an additional membership complements the integration process of the original regional integration initiative: overlapping memberships had a much stronger and significant positive effect on bilateral trade within ECOWAS compare to an insignificant impact within SADC.
Keywords: Multi-membership; Regional Economic Integration; Gravity Model; ECOWAS; SADC (search for similar items in EconPapers)
JEL-codes: F1 F15 (search for similar items in EconPapers)
Pages: 20
Date: 2014-01-23
New Economics Papers: this item is included in nep-afr and nep-int
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Citations: View citations in EconPapers (6)
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Journal Article: Measuring Multi-Membership in Economic Integration and Its Trade Impact: A Comparative Study of ECOWAS and SADC (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:aah:aarhec:2014-06
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