UEMOA, CEMAC: What Performance Regarding Trade? (notice n° 707836)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02089cam a2200205 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121215301.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Carrère, Céline |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | UEMOA, CEMAC: What Performance Regarding Trade? |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2013.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 10 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | In this paper we aim to identify the trade performance of both the West African Economic and Monetary Union (UEMOA) and the Central African Economic and Monetary Community (CEMAC) over the period 1995-2010. First, based on a decomposition of an export diversification index we find evidence of two trends: (i) in both areas a clear diversification appears at the extensive margin, i.e. exports of new products, (ii) diversification of intra-areas exports are significantly higher than diversification of exports of members countries with the rest of the World. Second, we look at the trade flows of industrial products in a panel gravity equation. Three main patterns emerge: (i) While both UEMOA and CEMAC have on average generated some trade diversion only UEMOA presents significant additional intra-regional trade, i.e. trade creation; (ii) the stability of exchange rate due to the common currency has reinforced the intra-regional trade while dampening the negative trade diversion; (iii) gains from regional integration are unevenly distributed amongst member countries. Countries that were more concentrated in their exports when the regional agreements have been implemented have faced a large trade diversion while countries with a relative initial diversification in their export bundles have benefited from an increase in their exports towards other members with no evidence of trade diversion. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | gravity equation |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | monetary union in Sub-Saharan Africa |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | regional integration |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | export diversification |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Revue d’économie du développement | 21 | 1 | 2013-05-31 | p. 33-60 | 1245-4060 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-d-economie-du-developpement-2013-1-page-33?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-d-economie-du-developpement-2013-1-page-33?lang=en&redirect-ssocas=7080</a> |
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