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Analysis of Industry Drivers in ECOWAS

Author

Listed:
  • Cyril Manga

    (Cheikh Anta Diop university of Dakar, Senegal)

  • Daniela Ancuta Sarpe

    (Dunarea de Jos University of Galati, Romania)

  • Babacar Ndiaye

    (Amadou Mahtar MBOW University, Senegal)

Abstract

Because of the pivotal role that industrialization could play in a nation’s economic, this study empirically analyzes the industry drivers in ECOWAS. The analysis covers the period 2007 – 2020 and uses the econometric tool via the fixed effects model. The results obtained indicate that the imports and exports of goods and services, proportion of the population with access to electricity, and the benefits from natural resources could be considered as efficient tools for the process, acceleration and consolidation of industrialization in ECOWAS. In these circumstances, the ECOWAS leader’s policies to industrialize the region should be directed to the imports and exports of goods and services, the proportion of the population with access to electricity, and the benefits from natural resources.

Suggested Citation

  • Cyril Manga & Daniela Ancuta Sarpe & Babacar Ndiaye, 2023. "Analysis of Industry Drivers in ECOWAS," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 115-127.
    • Handle: RePEc:ddj:fserec:y:2023:p:115-127
    DOI: https://doi.org/10.35219/rce20670532154
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    References listed on IDEAS

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    4. Cyril Manga & Sufyan Qudah & Alexandru Capatina, 2022. "Comparative Approach of Economic Growth Engines (Senegal vs. Jordan) using Granger Causality Test," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 23(1), pages 189-201, March.
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