The East African Community - An Export Diversification Opportunity?
(2017) NEKH03 20162Department of Economics
- Abstract
- This paper aims to answer the question whether the formation of the customs union within the East African Community (EAC) has led to a higher export diversification among its member states. Export diversification can reduce a country’s vulnerability to price movements of exported goods and thus lead to a more stable economy. An evaluation of strategies aiming at generating a higher export diversification is therefore of interest and this paper focus on regional integration as such a strategy. To determine whether the EAC has led to a higher export diversification among its member states a fixed effect regression analysis has been carried out with the Herfindahl-Hirschman Index posing as a measurement of export diversification. The data... (More)
- This paper aims to answer the question whether the formation of the customs union within the East African Community (EAC) has led to a higher export diversification among its member states. Export diversification can reduce a country’s vulnerability to price movements of exported goods and thus lead to a more stable economy. An evaluation of strategies aiming at generating a higher export diversification is therefore of interest and this paper focus on regional integration as such a strategy. To determine whether the EAC has led to a higher export diversification among its member states a fixed effect regression analysis has been carried out with the Herfindahl-Hirschman Index posing as a measurement of export diversification. The data consists of 40 different exporter-importer country pairs over the period 1995-2015. The study finds no support for the hypothesis that the EAC has led to an increased export diversification among its member states. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8902489
- author
- Henriksson, Wilhelm LU
- supervisor
- organization
- course
- NEKH03 20162
- year
- 2017
- type
- M2 - Bachelor Degree
- subject
- keywords
- Export diversification, EAC, HHI, Regional integration, Economic integration
- language
- English
- id
- 8902489
- date added to LUP
- 2017-02-10 14:03:27
- date last changed
- 2017-02-10 14:03:27
@misc{8902489, abstract = {{This paper aims to answer the question whether the formation of the customs union within the East African Community (EAC) has led to a higher export diversification among its member states. Export diversification can reduce a country’s vulnerability to price movements of exported goods and thus lead to a more stable economy. An evaluation of strategies aiming at generating a higher export diversification is therefore of interest and this paper focus on regional integration as such a strategy. To determine whether the EAC has led to a higher export diversification among its member states a fixed effect regression analysis has been carried out with the Herfindahl-Hirschman Index posing as a measurement of export diversification. The data consists of 40 different exporter-importer country pairs over the period 1995-2015. The study finds no support for the hypothesis that the EAC has led to an increased export diversification among its member states.}}, author = {{Henriksson, Wilhelm}}, language = {{eng}}, note = {{Student Paper}}, title = {{The East African Community - An Export Diversification Opportunity?}}, year = {{2017}}, }