文章基本信息

标题：THE IMPACT OF TRADE LIBERALIZATION ON PER CAPITA INCOME: EVIDENCE FROM SUB SAHARAN AFRICA
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作者：Seid Yimer Copenhagen
期刊名称：International Journal of Economics and Research
电子版ISSN：2229-6158
出版年度：2011
卷号：2
期号：5
页码：175-184
出版社：Sanben Agency
摘要：Trade liberalization in Sub-Saharan Africa has been implemented in the context of Structural Adjustment Program since late 1980. However, the empirical evidence on per-capita income and growth is mixed. This paper uses dynamic panel data and three indicators of trade liberalization to examine the relationship between trade liberalization and real per-capita income for Sub-Saharan African countries. The study finds that trade share has positive impact on per-capita income while tariff rates are negatively associated with per-capita income. Even if these openness indicators maintained the expected sign, they have insignificant effect on per-capita income. However, the liberalization dummy variable has positive and significant effect on per-capita income and the result is consistent and robust to changes in specifications and sample sizes.