GTAP Resources: Resource Display
GTAP Resource #6858 |
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"Trade and Infrastructure Integration in Africa" by Fontagné, Lionel, Mathilde Lebrand, Murray Siobhan, Michele Ruta and Gianluca Santoni Abstract Economic integration of the African continent rests on two pillars: the ratification of an ambitious trade agreement and massive investment in transportation infrastructure. Leveraging a newly created city-level database on African exporters’ transport times and the latest techniques in general equilibrium modelling of international trade, the paper quantifies the impact of greater trade and transport integration for Africa. A pan-African agreement, such as the Continental Free Trade Area (AfCFTA), would increase African countries’ exports by an average of 3.4 percent and GDP by 0.6 percent. Additional investments in roads, ports and in land borders, as envisioned by the Program for Infrastructure Development in Africa (PIDA), would increase exports by 11.8 percent and GDP by 2.0 percent. Major transport investments are necessary to maximise the benefits of the AfCFTA. |
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- Economic development - Infrastructure - New quantitative trade models - Africa (Central) - Africa (East) - Africa (North) - Africa (Southern) - Africa (West) |
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Public Access GTAP Resource 6858 (4.3 MB) Replicated: 0 time(s) Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM