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Boosting intra-African trade performance: the role of maritime transport logistics

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  • Enock Kojo Ayesu

    (Kwame Nkrumah University of Science and Technology, PMB)

Abstract

Maritime transport significantly affects all aspects of international trade globally. Following this, it is vital to empirically understand the influence of maritime transport logistics on intra-African trade performance. This paper investigates the impact of maritime transport logistics on intra-African trade performance within the framework of the gravity model. Data on 32 African countries for the period 2010–2018 is used while the Poison Pseudo Maximum Likelihood estimation technique is employed for the analysis. The results reveal that maritime transports enhance intra-African trade performance; greater access to maritime transports is associated with an increase in intra-African trade performance. Based on this result, it is recommended that policies that increase maritime transport logistics are what policymakers should prioritize and pursue in the quest to increase the performance of trade in African countries.

Suggested Citation

  • Enock Kojo Ayesu, 2023. "Boosting intra-African trade performance: the role of maritime transport logistics," SN Business & Economics, Springer, vol. 3(8), pages 1-18, August.
    • Handle: RePEc:spr:snbeco:v:3:y:2023:i:8:d:10.1007_s43546-023-00529-x
    DOI: 10.1007/s43546-023-00529-x
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    More about this item

    Keywords

    Maritime transport logistics; Gravity model; Poison pseudo maximum likelihood; Intra-African trade;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • F10 - International Economics - - Trade - - - General
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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