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来源类型Working Paper
规范类型报告
DOI10.3386/w13222
来源IDWorking Paper 13222
Trade Growth under the African Growth and Opportunity Act
Garth Frazer; Johannes Van Biesebroeck
发表日期2007-07-02
出版年2007
语种英语
摘要This paper explores whether one of the most important U.S. policies towards Africa of the past few decades achieved its desired result. In 2000, the United States dropped trade restrictions on a broad list of products through the African Growth and Opportunity Act (AGOA). Since the Act was applied to both countries and products, we estimate the impact with a triple difference-in-differences estimation, controlling for both country and product-level import surges at the time of onset. This approach allows us to better address the "endogeneity of policy" critique of standard difference-in-differences estimation than if either a country or a product-level analysis was performed separately. Despite the fact that the AGOA product list as chosen to not include "import-sensitive" products, and despite the general challenges of transaction costs in African countries, we find that AGOA has a large and robust impact on apparel imports into the U.S., as well as on the agricultural and manufactured products covered by AGOA. These import responses grew over time and were the largest in product categories where the tariffs removed were large. AGOA did not result in a decrease in exports to Europe in these product categories, suggesting that the U.S.-AGOA imports were not merely diverted from elsewhere. We discuss how the effects vary across countries and the implications of these findings for aggregate export volumes.
主题International Economics ; Trade ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w13222
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/570890
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Garth Frazer,Johannes Van Biesebroeck. Trade Growth under the African Growth and Opportunity Act. 2007.
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