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Second-hand vehicle markets in West Africa: A source of regional disintegration, trade informality and welfare losses

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  • Abel Ezeoha
  • Chinwe Okoyeuzu
  • Emmanuel Onah
  • Chibuike Uche

Abstract

This article critiques the second-hand vehicle markets in the West African region, focusing on the triad trading arrangements among Nigeria, Benin, Togo, and Niger. These countries are connected by a number of underlying conflicting interests in the second-hand vehicles trade. Benin and Togo are incentivised by the revenues derived from re-export trade and port operations. Niger provides a proxy market for the illegal re-export of these vehicles to Nigeria, with the latter suffering huge welfare losses as a major consuming nation. We conclude that by offering conflicting benefits to the West African countries, the second-hand vehicle market provides disincentives against true regional integration.

Suggested Citation

  • Abel Ezeoha & Chinwe Okoyeuzu & Emmanuel Onah & Chibuike Uche, 2019. "Second-hand vehicle markets in West Africa: A source of regional disintegration, trade informality and welfare losses," Business History, Taylor & Francis Journals, vol. 61(1), pages 187-204, January.
    • Handle: RePEc:taf:bushst:v:61:y:2019:i:1:p:187-204
    DOI: 10.1080/00076791.2018.1459087
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    Cited by:

    1. Busayo Victor Osuntuyi & Hooi Hooi Lean, 2023. "Environmental degradation, economic growth, and energy consumption: The role of education," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(2), pages 1166-1177, April.

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