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This paper is an empirical application of the micro-founded measure of trade costs by Head and Mayer (2004) and Novy (2013). The derived micro-founded measure, consistent with the Ricardian and heterogeneous firm's models of trade, captures all trade costs components that hitherto have been...
Persistent link: https://www.econbiz.de/10011956870
This paper chronicles the evolution of industry in Ghana over the post-independence era from an inward over-protected import substitution industrialization strategy of 1960-83 to an outward liberalized strategy during 1984-2000, and since 2001, to the private sector-led accelerated industrial...
Persistent link: https://www.econbiz.de/10010337614
This paper provides evidence on the nature of returns to education in Ghana and confirms the emerging empirical literature on the convexity of returns to education in Ghana. Using a basic Mincerian, model we find that returns to education more than triples from primary to secondary level or...
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This paper on Trade Agreements within SSA, is an assessment of the ex post bilateral trade effect of the European Union-African Caribbean Pacific Preferential Trade Agreement (EU-ACP PTA) and sub-regional regional trade agreements (RTAs) on bilateral trade involving SSA countries. The main...
Persistent link: https://www.econbiz.de/10009614336
Following closely the analytical approach adopted by Head and Mayer (2004) and Novy (2010), this paper derives a micro-founded bilateral trade cost measure for sub-Saharan Africa (SSA) as a function of observable domestic and inter-national trade data. The derived measure of trade cost by Novy...
Persistent link: https://www.econbiz.de/10009614345
This paper argues for the need to improve logistics and trade infrastructure in developing countries in order to increase trade flows. Based on a multiplicative form gravity regression framework, this paper assesses the impact of logistics on bilateral exports in developing countries. The...
Persistent link: https://www.econbiz.de/10009158686