Journal Article

Growth spillovers and market access in Africa

Alexander J Moore

in Oxford Economic Papers

Volume 70, issue 2, pages 375-391
Published in print April 2018 | ISSN: 0030-7653
Published online October 2017 | e-ISSN: 1464-3812 | DOI: https://dx.doi.org/10.1093/oep/gpx043

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Abstract

How much do countries in Africa benefit from their neighbours’ growth? This paper shows that neighbouring growth increases a country’s ‘foreign market access’ (FMA)—boosting export demand and increasing local output. Using luminosity data to exploit within-country variation, I find that between 1992 and 2012 domestic output responded to increases in FMA with an elasticity in the range 0.3 to 0.6. By reducing trade costs, countries can increase their FMA, and so increase the spillover of neighbouring growth into domestic growth.

Keywords: F14; O47; O55

Journal Article.  7584 words. 

Subjects: International Trade ; Economic Growth and Aggregate Productivity ; Economywide Country Studies