Effects of the European Union’s Development Aid on Trade in Sub-Saharan Africa - An Analysis of the Role of Democracy
(2024) NEKH03 20232Department of Economics
- Abstract
- This thesis examines the impact of the European Union's development aid on export and import levels in Sub-Saharan Africa, focusing on the role of democracy levels in the recipient countries. Using a multiple regression model with panel data from 1990 to 2018 across 27 countries, the study assesses the influence of the EU’s aid on trade, while also considering the factors GDP, population, life expectancy, gross capital formation, and agricultural land. Findings indicate an insignificant relationship between the EU’s aid and trade growth, where neither the EU’s aid nor the level of democracy in recipient countries showed a significant impact on export or import levels. However, the economic factors agricultural land, gross capital formation... (More)
- This thesis examines the impact of the European Union's development aid on export and import levels in Sub-Saharan Africa, focusing on the role of democracy levels in the recipient countries. Using a multiple regression model with panel data from 1990 to 2018 across 27 countries, the study assesses the influence of the EU’s aid on trade, while also considering the factors GDP, population, life expectancy, gross capital formation, and agricultural land. Findings indicate an insignificant relationship between the EU’s aid and trade growth, where neither the EU’s aid nor the level of democracy in recipient countries showed a significant impact on export or import levels. However, the economic factors agricultural land, gross capital formation and population size emerged as significant influences, suggesting that internal dynamics and demographic trends may play a more critical role in shaping trade. This research highlights the complexity of aid-trade relationships and the importance of considering unique regional contexts in aid strategies. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9145639
- author
- Loheman, Anna LU and Paloviita Nilsson, Moa LU
- supervisor
- organization
- course
- NEKH03 20232
- year
- 2024
- type
- M2 - Bachelor Degree
- subject
- keywords
- EU, exports, imports, Sub-Saharan Africa, democracy
- language
- English
- id
- 9145639
- date added to LUP
- 2024-04-16 09:29:45
- date last changed
- 2024-04-16 09:29:45
@misc{9145639, abstract = {{This thesis examines the impact of the European Union's development aid on export and import levels in Sub-Saharan Africa, focusing on the role of democracy levels in the recipient countries. Using a multiple regression model with panel data from 1990 to 2018 across 27 countries, the study assesses the influence of the EU’s aid on trade, while also considering the factors GDP, population, life expectancy, gross capital formation, and agricultural land. Findings indicate an insignificant relationship between the EU’s aid and trade growth, where neither the EU’s aid nor the level of democracy in recipient countries showed a significant impact on export or import levels. However, the economic factors agricultural land, gross capital formation and population size emerged as significant influences, suggesting that internal dynamics and demographic trends may play a more critical role in shaping trade. This research highlights the complexity of aid-trade relationships and the importance of considering unique regional contexts in aid strategies.}}, author = {{Loheman, Anna and Paloviita Nilsson, Moa}}, language = {{eng}}, note = {{Student Paper}}, title = {{Effects of the European Union’s Development Aid on Trade in Sub-Saharan Africa - An Analysis of the Role of Democracy}}, year = {{2024}}, }