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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w13222 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w13222 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/570890 |
推荐引用方式 GB/T 7714 | Garth Frazer,Johannes Van Biesebroeck. Trade Growth under the African Growth and Opportunity Act. 2007. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w13222.pdf(353KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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