ABSTRACT
This study examines the impact of trade facilitation measures on bilateral trade involving Sub-Saharan Africa. It uses country-specific data on logistic performance measures for 189 countries including 47 from SSA over a 9-year period from 2007 - 2015. Leveraging a logistics performance augmented gravity model, the findings show trade enhancing effects on all the six trade facilitation measures with customs efficiency, trade and transport-related infrastructure and competence and quality of logistics services having the greatest impact in that order. A unit improvement in the efficiency of customs clearance measure will enhance bilateral trade by 19% – 27% whilst that for infrastructure ranges between 16% and 24%.
Policy recommendations, therefore, focuses on a two-pronged approach – whilst investment in trade-related infrastructure is necessary, the investments required are huge and the benefits accrue in the medium to long-term. To achieve quick-wins, it is imperative that a special focus be given to an initiative that leads to improving the efficiency of customs clearance procedures.
PROVENCAL, E (2021). Examining the “Impact of Trade Facilitation Indicators on Bilateral Exports” Involving Sub-Saharan Africa. Afribary. Retrieved from https://afribary.com/works/examining-the-impact-of-trade-facilitation-indicators-on-bilateral-exports-involving-sub-saharan-africa
PROVENCAL, EDWIN "Examining the “Impact of Trade Facilitation Indicators on Bilateral Exports” Involving Sub-Saharan Africa" Afribary. Afribary, 08 Apr. 2021, https://afribary.com/works/examining-the-impact-of-trade-facilitation-indicators-on-bilateral-exports-involving-sub-saharan-africa. Accessed 18 Apr. 2024.
PROVENCAL, EDWIN . "Examining the “Impact of Trade Facilitation Indicators on Bilateral Exports” Involving Sub-Saharan Africa". Afribary, Afribary, 08 Apr. 2021. Web. 18 Apr. 2024. < https://afribary.com/works/examining-the-impact-of-trade-facilitation-indicators-on-bilateral-exports-involving-sub-saharan-africa >.
PROVENCAL, EDWIN . "Examining the “Impact of Trade Facilitation Indicators on Bilateral Exports” Involving Sub-Saharan Africa" Afribary (2021). Accessed April 18, 2024. https://afribary.com/works/examining-the-impact-of-trade-facilitation-indicators-on-bilateral-exports-involving-sub-saharan-africa