Services Trade and Institutional Quality: Evidence from Africa

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26482789%3A_____%2F23%3A10152543" target="_blank" >RIV/26482789:_____/23:10152543 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.tandfonline.com/doi/abs/10.1080/00036846.2023.2206621" target="_blank" >https://www.tandfonline.com/doi/abs/10.1080/00036846.2023.2206621</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1080/00036846.2023.2206621" target="_blank" >10.1080/00036846.2023.2206621</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Services Trade and Institutional Quality: Evidence from Africa

Popis výsledku v původním jazyce

Africa seems to operate at a different structural path of economic development than expected. Unlike the long-awaited increase in manufacturing, services are bourgeoning on the continent and so increases the services trade. Our article points attention to this new phenomenon and investigates whether this new type of African trade promises better effects on institutional quality than traditionally dominant natural resources trade, leading often to devastating effects. If proved, this could have significant policy implications. We work with panel data of 40 African countries within the period 2005-2019 and use the structural equation model and the maximum likelihood method to estimate the effects of services trade in Africa on three selected variables of institutional quality. Our results show that services trade seems to be a statistically significant and positive determinant of institutional quality in Africa. However, the effects are not equal across the investigated service types.

Název v anglickém jazyce

Services Trade and Institutional Quality: Evidence from Africa

Popis výsledku anglicky

Africa seems to operate at a different structural path of economic development than expected. Unlike the long-awaited increase in manufacturing, services are bourgeoning on the continent and so increases the services trade. Our article points attention to this new phenomenon and investigates whether this new type of African trade promises better effects on institutional quality than traditionally dominant natural resources trade, leading often to devastating effects. If proved, this could have significant policy implications. We work with panel data of 40 African countries within the period 2005-2019 and use the structural equation model and the maximum likelihood method to estimate the effects of services trade in Africa on three selected variables of institutional quality. Our results show that services trade seems to be a statistically significant and positive determinant of institutional quality in Africa. However, the effects are not equal across the investigated service types.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Applied Economics

ISSN

0003-6846

e-ISSN

—

Svazek periodika

55

Číslo periodika v rámci svazku

59

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

19

Strana od-do

6978-6996

Kód UT WoS článku

000979753200001

EID výsledku v databázi Scopus

2-s2.0-85158868758