期刊名称：International Journal of Economics and Research
电子版ISSN：2229-6158
出版年度：2012
卷号：3
期号：3
页码：44-51
出版社：Sanben Agency
摘要：Though there has been an increasing consensus on the benefits of trade liberalization, skepticism as to the effectiveness of the IMF and World Bank sponsored trade liberalization programs still exists. This study tries to analyze the impact of the abovementioned trade liberalization program in sub Saharan African context using a dynamic panel framework. The findings suggest that countries that adopted the trade liberalization program have shown a substantial boost in trade share. Moreover, higher trade share was shown to have caused a significant increase in GDP per capita. However, a direct and positive effect of trade liberalization on per capita GDP was not found. Nevertheless, as the major argument for trade liberalization is centered around its role on the level or growth in per capita income through enhancing trade, the overall findings suggests a case for trade liberalization in Sub-Saharan Africa.
关键词：Trade liberalization; SAP; SSA; Trade share; GDP per capita
