African agricultural trade: recent and the future
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- African agricultural trade: Recent and the future
Final published version, 75.7 KB, PDF document
This article starts with a profile of African agricultural trade. Using the pre-release version 9.2 of the GTAP database, we then show that the results for tariff elimination on intra-African trade are promising, but these tariff barriers are not as significant as the various trade-related barriers outside of tariffs. Impressive results were forecast by simulating both a 50% reduction in what can be considered traditional non-tariff barriers and a modest 20% reduction in the costs associated with transit time delays at customs, terminals and internal land transportation. Gains from tariff elimination, non-tariff barrier reductions and time in transit cost reductions are likely to be cumulative and would generate very large gains to Africa. The policy implications are clear: while cooperation will enhance the gains, much of the benefits will result from unilateral actions and
regional cooperation that does not need the long and drawn-out processes associated with FTA negotiations.
regional cooperation that does not need the long and drawn-out processes associated with FTA negotiations.
Original language | English |
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Journal | African Journal of Agricultural and Resource Economics |
Volume | 10 |
Issue number | 2 |
Pages (from-to) | 146-157 |
Number of pages | 12 |
ISSN | 1993-3738 |
Publication status | Published - 2015 |
Links
- http://www.afjare.org/resources/issues/vol_10_no2/5%20Jensen%20and%20Sandrey.pdf
Final published version
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