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Regional Integration in West Africa - Are Countries Diverging?

Inganäs, Jacob LU (2014) NEKH01 20132
Department of Economics
Abstract
The author examines reasons for divergence of GDP per capita among the members of ECOWAS, a RIA in West Africa of 15 members. Also, WAEMU, another RIA in West Africa, is analyzed although to a smaller extent than ECOWAS. Mainly consequences of trade diversion and agglomeration effects are considered. An analysis of the dispersion of GDP per capita between the members is carried out to find evidence for the predicted divergence among the members. The author concludes that there are reasons to believe that regional integration in West Africa is causing divergence of GDP per capita. However, since intra-community trade constitutes only a minor share of total trade of the members of ECOWAS, it is difficult to assess the effects of regional... (More)
The author examines reasons for divergence of GDP per capita among the members of ECOWAS, a RIA in West Africa of 15 members. Also, WAEMU, another RIA in West Africa, is analyzed although to a smaller extent than ECOWAS. Mainly consequences of trade diversion and agglomeration effects are considered. An analysis of the dispersion of GDP per capita between the members is carried out to find evidence for the predicted divergence among the members. The author concludes that there are reasons to believe that regional integration in West Africa is causing divergence of GDP per capita. However, since intra-community trade constitutes only a minor share of total trade of the members of ECOWAS, it is difficult to assess the effects of regional integration. (Less)
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author
Inganäs, Jacob LU
supervisor
organization
course
NEKH01 20132
year
type
M2 - Bachelor Degree
subject
keywords
ECOWAS, regional integration, divergence, comparative advantage, agglomeration effects.
language
English
id
4281019
date added to LUP
2014-02-11 13:55:11
date last changed
2014-02-11 13:55:11
@misc{4281019,
  abstract     = {The author examines reasons for divergence of GDP per capita among the members of ECOWAS, a RIA in West Africa of 15 members. Also, WAEMU, another RIA in West Africa, is analyzed although to a smaller extent than ECOWAS. Mainly consequences of trade diversion and agglomeration effects are considered. An analysis of the dispersion of GDP per capita between the members is carried out to find evidence for the predicted divergence among the members. The author concludes that there are reasons to believe that regional integration in West Africa is causing divergence of GDP per capita. However, since intra-community trade constitutes only a minor share of total trade of the members of ECOWAS, it is difficult to assess the effects of regional integration.},
  author       = {Inganäs, Jacob},
  keyword      = {ECOWAS,regional integration,divergence,comparative advantage,agglomeration effects.},
  language     = {eng},
  note         = {Student Paper},
  title        = {Regional Integration in West Africa - Are Countries Diverging?},
  year         = {2014},
}