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GTAP Resources: Resource Display

GTAP Resource #7312

"Implementing the AfCFTA Agreement and implications for Africa’s regional value chains"
by Mitaritonna, Maria Cristina, Yu Zheng, Stephen Karingi and Simon Mevel


Abstract
The development of regional value chains (RVCs) and the engagement in global value chains (GVCs) is instrumental to Africa’s industrial transformation and economic development. These objectives also closely align with the major goals of the Agreement establishing the African Continental Free Trade Area (AfCFTA) which is currently under implementation. The AfCFTA aims to facilitate intra-continental trade of goods and services, where intra-African trade in intermediate goods and services could go a long way to promote and enhance the development of regional value chains. The development of African RVCs is also expected to subsequently facilitate Africa’s participation in GVCs. Against this background, the main objective of this study is to explore how the implementation of the AfCFTA Agreement may provide opportunities to strengthen value chains within Africa.
In this report, we first examine Africa’s position in GVCs and the recent development of RVCs. Then, the potential linkages between the AfCFTA Agreement and regional/global value chains are established. In addition, a detailed description of Africa’s current tariffs, non-tariff measures, trade structures distinguishing goods and services for final and intermediate consumption is provided. Finally, based on the MIRAGE-VA computable general equilibrium (CGE) model, we simulate the implications of the implementation of the AfCFTA Agreement for RVCs in Africa to identify those sectors and sub-sectors that present the most potential for value-addition and the creation of RVCs.


Resource Details (Export Citation) GTAP Keywords
Category: 2024 Conference Paper
Status: Not published
By/In: Presented during the 27th Annual Conference on Global Economic Analysis (Fort Collins, Colorado, USA)
Date: 2024
Version: Preliminary version
Created: Mitaritonna, M. (4/15/2024)
Updated: Mitaritonna, M. (4/15/2024)
Visits: 19
- GTAP Data Base and extensions
- Non-Tariff barriers
- Non-Tariff measures in services
- Preferential trading arrangements
- Model extension/development
- Africa (Central)
- Africa (East)
- Africa (North)
- Africa (Southern)
- Africa (West)


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