Assessing the impact of Regional Integration and International Trade on Economic  Growth and Food Security in ECOWAS

Assessing the impact of Regional Integration and International Trade on Economic Growth and Food Security in ECOWAS

Almame A. Tinta

Contact

Daniel B. Sarpong

Contact

Idrissa M. Ouedraogo

Contact

Ramatu Al Hassan

Contact

Akwasi Mensah-Bonsu

Contact

Edward Ebo Onumah6

Contact

Assessing the impact of Regional Integration and International Trade on Economic Growth and Food Security in ECOWAS

Article Fingerprint

ReserarchID

OM6YQ

Assessing the impact of Regional Integration and International Trade on Economic Growth and Food Security in ECOWAS Banner

AI TAKEAWAY

Connecting with the Eternal Ground

Abstract

This study analyzes the potential of regional integration through the potential of global value chains in accelerating economic growth and achieving food security with a focus on ECOWAS. Some strategies that regional integration can promote to stimulate economic growth and increase food security are compared. This study examines whether countries must develop strategies to raise international trade through increasing openness degree or whether countries must develop policies to reinforce community or regional trade through the potential of value chains inside the regional integration. Three instruments are investigated (trade openness, intraregional trade and the community insertion to value chains). Two models are estimated with panel fixed effects using data from 1995 to 2012. The findings support that regional integration needs to be strengthen and better promoted in order to stimulate the potential of each country to move from discontinuous growth to sustained growth. International trade is not the better solution for ECOWAS countries to boost economic growth but regional trade linked to creation of value chains among each country can be the engine of the region growth and food security.

References

75 Cites in Article

Reference Format

(2016). Foresight Africa: Top priorities for the continent in.
Andersen Babula (2008). Openness.
Jean–paul Azam,Augustin Fosu,Njuguna Ndung’u (2002). Explaining Slow Growth in Africa.
Richard Baldwin (2008). MANAGING THE NOODLE BOWL: THE FRAGILITY OF EAST ASIAN REGIONALISM.
R Baldwin (2011). Trade and Industrialization after Globalization's 2nd Unbundling: How Building and Joining a Supply Chain are Different and Why it Matters.
R Barro,X Sala-I-Martin (1995). Economic Growth.
John Beghin,Miet Maertens,Johan Swinnen (2015). Nontariff Measures and Standards in Trade and Global Value Chains.
Dan Ben-David (1996). Trade and convergence among countries.
Jean-Claude Berthelemy,Ludvig Soderling (2002). Will There Be New Emerging Market Economies in Africa by the Year 2020?.
M Bezuneh,Z Yiheyis (2014). Has trade liberalization improved food availability in developing countries? An Empirical Analysis.
C Calderon (2009). Infrastructure and growth in Africa, Policy Research Working Paper Series 4914.
R Chand,J Jumrani (2013). Food Security and Undernourishment in India: Assessment of Alternative Norms and the Income Effect.
Kolavalli Chandra (2006). Technology, Adaptation and Exports-How Some Developing Countries Got It Right.
Chunlai Chen,Ron Duncan (2008). Achieving food security in China: implications of WTO accession.
P Collier (2007). The Bottom Billion: Why the poorest countries are failing and what can be done about it.
Comin Diego,A,M Ferrer (2013). If Technology Has Arrived Everywhere, why has Income Diverged?.
J Darshini (2012). Food Security in India -Challenges Ahea.
David Dollar (1992). Outward-Oriented Developing Economies Really Do Grow More Rapidly: Evidence from 95 LDCs, 1976-1985.
P Dorosh (2004). Trade, Food Aid and Food Security: Evolving Rice and Wheat Markets.
L Dries,J Swinnen (2010). The impact of interfirm relations on investments: evidence from the Polish dairy sector.
(2015). Recent trends in global and regional labour migration.
S Edwards (1998). Openness, Productivity and Growth: What do we Really Know?.
M Ercakar (2011). Growth, foreign direct investment, trade and inflation: an empirical application on Turkey.
(1996). III.N.2 Rome Declaration on World Food Security and World Food Summit Plan of Action (13 November 1996).
(2003). Regional Integration and Food Security in Developing Countries.
(2009). OECD-FAO Agricultural Outlook 2009.
Jeffrey Frankel,David Romer (1999). Does Trade Cause Growth?.
E Glaeser,R La Porta,F Lopez-De-Silanes,A Shleifer (2004). Explaining Growth: Institutions, Human Capital, and Leaders.
Jason Grant,D Lambert (2005). Is the growth of regionalism as significant as the headlines suggest? Lessons from agricultural trade.
D Greenaway (1998). Trade Reform, adjustment and Growth: What does the Evidence Tell Us.
G Grossman,E Helpman (1992). Innovation and Growth: Technological Competition in The Global Economy.
A Harrison (1996). Openness and Growth, A Timeseries, Cross-Country Analysis for Developping Countries.
H Herath,Cao Liang,Chen Yongbing (2010). Trade Liberalization in Sri Lanka: Effects on Exports and Imports.
H Herath,L Cao,Y Chen (2014). Impacts of Regional Trade Agreements (RTAs) on Food Security: A Case of ASEAN Free Trade Agreement.
E Hubert,I Satoshi (2016). The Evolution of Industrial Networks in East Asia: Stylized Facts and Role of Trade Facilitation Policies.
Ifpri (2006). How much will trade liberalization help the poor? comparing global trade models.
P Ivica (2016). Global Food Security and Development Aid.
S Jafari,S Ghaderi,R Hosseinzadeh,Y Nademi (2012). Openness and inflation: New empirical panel data evidence.
M Jaud,M Kukenova (2011). Financial development and survival of African agri-food exports.
C Jin,Jang (2004). On the Relationship Between Openness and Growth in China: Evidence from Provincial Time Series Data.
Nanak Kakwani,Hyun Son (2016). Measuring Food Insecurity: Global Estimates.
Mushtaq Klasra (2011). Foreign direct investment, trade openness and economic growth in pakistan and turkey: an investigation using bounds test.
J Korinek,M Melatos (2009). Trade Impacts of Selected Regional Trade Agreements in Agriculture.
Stephanie Kremer,Alexander Bick,Dieter Nautz (2009). Inflation and growth: new evidence from a dynamic panel threshold analysis.
E Leamer (1988). Measures of Openness.
Ross Levine,D Renelt (1991). Bank-Based and Market-Based Financial Systems: Cross-Country Comparisons.
Jr Lucas,E Robert (1988). On the Mechanics of Economic Development.
A Maddison (2007). Contours of the World economy, 1-2030 AD. Essays in Macro-Economic History.
M Maertens,L Colen,J Swinnen (2011). Globalisation and poverty in Senegal: a worst case scenario?.
M Maertens,J Swinnen (2015). Agricultural trade and development: a value chain perspective.
Y Mano,T Yamano,A Suzuki,T Matsumoto (2011). Local and personal networks in employment and the development of labour markets: evidence from the cut flower industry in Ethiopia.
Simon Maxwell (2001). The Evolution of Thinking about Food Security.
S Mccorriston,D Hemming,J Lamontagne-Godwin,M Parr,J Osborn,P Roberts (2013). What is the Evidence of the Impact of Agricultural Trade Liberalization on Food Security in Developing Countries? A Systematic Review.
Bart Minten,Lalaina Randrianarison,Johan Swinnen (2009). Global Retail Chains and Poor Farmers: Evidence from Madagascar.
Martha Negash,Johan Swinnen (2013). Biofuels and food security: Micro-evidence from Ethiopia.
A Nin-Pratt,X Diao,Y Bahta (2008). Assessing Potential Welfare Impacts on Agriculture of a Regional Free Trade Agreement in Southern Africa.
Benno Ndulu,Stephen O'connell (2006). Policy Plus: African Growth Performance 1960-2000.
Bennob Ndulu,C Lopamudra,L Lebohang,R Vijaya,Jerome (2007). Challenges of African Growth: Opportunities, Constraints and Strategic Directions.
Njoroge Lucas,Kamau (2010). The impact of regional integration on economic growth: empirical evidence from COMESA, EAC and SADC trade blocs.
M Noguer,M Siscart (2005). Trade raises income: a precise and robust result.
Z Pam (2017). Trade and economic growth in developing countries: Evidence from sub-Saharan Africa.
F Rodriguez,D Rodrik (2000). Unknown Title.
Trade Policy and Economic Growth: A Skeptic's guide to the Cross-National Evidence.
Jeffrey Sachs,Andrew Warner,Anders Aslund,Stanley Fischer (1995). Economic Reform and the Process of Global Integration.
A Seck (1981). Figure 13. Tariff and non-tariff trade barriers are high.
Ingredients of Famine Analysis: Availability and Entitlements.
Robert Solow (1956). A Contribution to the Theory of Economic Growth.
M Svatoš,L Smutka (2010). Development of agricultural foreign trade in the countries of Central Europe.
H Thomas,J Morrison (2006). Trade Related Reforms and Food Security: A Synthesis of Case Study Findings.
P Timmer (2005). Food Security and Economic Growth: an Asian perspective.
(2016). Key Statistics and Trends in International Trade 2018.
U Walz (1997). Dynamic Effects of Economic Integration: A Survey.
(2005). Uganda - Making Finance Work.
T Xiang,J Huang,D Kancs,S Rozelle,J Swinnen (2012). Food Standards and welfare: general equilibrium effects.
K Yaya (2017). The impact of trade openness on economic growth: The case of Cote d'Ivoire.

Download References

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Almame A. Tinta. 2018. \u201cAssessing the impact of Regional Integration and International Trade on Economic Growth and Food Security in ECOWAS\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 18 (GJMBR Volume 18 Issue B2).

More Citation Formats

Select Citation Style:

Download Citation

GJMBR Volume 18 Issue B2

Explore Journals Explore Volume Read This Issue

Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

Not Found

Classification

GJMBR-B Classification JEL Code: F15

F43

P33

Q18

Submission ReceivedDecember 16, 2017
Peer Review Double Blind
Handling Editor
Accepted January 5, 2018
Published January 15, 2018

Version of record

v1.2

Issue date

May 8, 2018

Language

Experiance in AR

Explore published articles in an immersive Augmented Reality environment. Our platform converts research papers into interactive 3D books, allowing readers to view and interact with content using AR and VR compatible devices.

View in VR

Read in 3D

Your published article is automatically converted into a realistic 3D book. Flip through pages and read research papers in a more engaging and interactive format.

View in 3D

Article Matrices

Total Score: 106

Country: Burkina Faso

Subject: Global Journal of Management and Business Research - B: Economic & Commerce

Authors: Almame A. Tinta, Daniel B. Sarpong, Idrissa M. Ouedraogo, Ramatu Al Hassan, Akwasi Mensah-Bonsu, Edward Ebo Onumah6 (PhD/Dr. count: 0)

View Count (all-time): 175

Total Views (Real + Logic): 3074

Total Downloads (simulated): 1548

Publish Date: 2018 05, Tue

Monthly Totals (Real + Logic):

Month 1: 24 views
Month 2: 60 views
Month 3: 39 views
Month 4: 63 views
Month 5: 45 views
Month 6: 46 views
Month 7: 23 views
Month 8: 32 views
Month 9: 30 views
Month 10: 21 views
Month 11: 41 views
Month 12: 36 views
Month 13: 30 views
Month 14: 31 views
Month 15: 37 views
Month 16: 21 views
Month 17: 24 views
Month 18: 27 views
Month 19: 33 views
Month 20: 36 views
Month 21: 18 views
Month 22: 37 views
Month 23: 20 views
Month 24: 31 views
Month 25: 32 views
Month 26: 19 views
Month 27: 31 views
Month 28: 20 views
Month 29: 37 views
Month 30: 32 views
Month 31: 27 views
Month 32: 25 views
Month 33: 45 views
Month 34: 28 views
Month 35: 11 views
Month 36: 33 views
Month 37: 35 views
Month 38: 33 views
Month 39: 39 views
Month 40: 39 views
Month 41: 22 views
Month 42: 32 views
Month 43: 34 views
Month 44: 21 views
Month 45: 36 views
Month 46: 35 views
Month 47: 43 views
Month 48: 22 views
Month 49: 27 views
Month 50: 21 views
Month 51: 23 views
Month 52: 39 views
Month 53: 37 views
Month 54: 27 views
Month 55: 41 views
Month 56: 40 views
Month 57: 39 views
Month 58: 38 views
Month 59: 24 views
Month 60: 25 views
Month 61: 17 views
Month 62: 21 views
Month 63: 28 views
Month 64: 32 views
Month 65: 27 views
Month 66: 43 views
Month 67: 29 views
Month 68: 35 views
Month 69: 13 views
Month 70: 32 views
Month 71: 30 views
Month 72: 23 views
Month 73: 29 views
Month 74: 14 views
Month 75: 12 views
Month 76: 22 views
Month 77: 40 views
Month 78: 29 views
Month 79: 29 views
Month 80: 20 views
Month 81: 25 views
Month 82: 37 views
Month 83: 11 views
Month 84: 36 views
Month 85: 42 views
Month 86: 26 views
Month 87: 37 views
Month 88: 38 views
Month 89: 24 views
Month 90: 37 views
Month 91: 34 views
Month 92: 10 views
Month 93: 35 views
Month 94: 50 views
Month 95: 33 views
Month 96: 29 views

Total Views: 3074

Total Downloads: 1548

2026 Trends

Our website is actively being updated, and changes may occur frequently. Please clear your browser cache if needed. For feedback or error reporting, please email [email protected]