Abstract
This paper aims to determine the effects of regional trade agreements as well as impact of political crises on East African Community (EAC)’s imports with control of other traditional determinants of imports. We use a sample of bilateral imports for 5 EAC member countries from 142 partners for the period 2001–2018 and we account for common and individual slope. Using an ‘augmented’ gravity model with specific dummies and isolation of non-observable characteristics of countries and time, we apply a Poisson Pseudo Maximum Likelihood High Dimensional Fixed Effects (ppmlhdfe) estimator that deals with the problem of heterogeneity. We found that regional trade agreements have disproportionate effects on EAC member countries’ imports; Kenya beneficiates the most from these agreements given its advanced economic level. Political crises have disproportionate effects on EAC imports, with a higher negative impact found for Burundi due to the failed putsch in 2015.
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Article Details
- Year: 2022
- Volume: 43
- Issue: 2
- Pages: 191 - 224
- Accepted: 31.05.2022
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DOI:
https://doi.org/10.5281/zenodo.16947136 -
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How to Cite?
Suwadu Bugoma (2022). Determinants of Imports under Regional Integration Scheme: The Impact of Political Violence on East African Community’s Trade. Journal of Economic Cooperation and Development, 43(2), 191-224. https://doi.org/10.5281/zenodo.16947136
