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The trade and fiscal impact of EU/ACP economic partnership agreements on West African countries

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  • Matthias Busse
  • Harald Grossmann

Abstract

The European Union is currently negotiating free trade agreements, called Economic Partnership Agreements (EPAs), with African countries as part of the Cotonou Agreement between the European Union and African, Caribbean and Pacific countries. The paper empirically assesses the impact of the EPAs on trade flows and government revenue for 14 West African countries. The results indicate that the decline in import duties due to the preferential tariff elimination might be of some cause for concern and that complementary fiscal and economic policies have to be implemented before or at the time the EPAs come into force.

Suggested Citation

  • Matthias Busse & Harald Grossmann, 2007. "The trade and fiscal impact of EU/ACP economic partnership agreements on West African countries," Journal of Development Studies, Taylor & Francis Journals, vol. 43(5), pages 787-811.
    • Handle: RePEc:taf:jdevst:v:43:y:2007:i:5:p:787-811
    DOI: 10.1080/00220380701384364
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    References listed on IDEAS

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    1. World Bank, 2004. "African Development Indicators 2004," World Bank Publications - Books, The World Bank Group, number 13918.
    2. World Bank, 2004. "World Development Indicators 2004," World Bank Publications - Books, The World Bank Group, number 13890.
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    Cited by:

    1. Vollmer, Sebastian & Martínez-Zarzoso, Inmaculada & Nowak-Lehmann D., Felicitas & Klann, Nils, 2009. "EU-ACP Economic Partnership Agreements - Empirical Evidence for Sub-Saharan Africa," Proceedings of the German Development Economics Conference, Frankfurt a.M. 2009 39, Verein für Socialpolitik, Research Committee Development Economics.
    2. Frederik Stender & Axel Berger & Clara Brandi & Jakob Schwab, 2021. "The Trade Effects of the Economic Partnership Agreements between the European Union and the African, Caribbean and Pacific Group of States: Early Empirical Insights from Panel Data," Journal of Common Market Studies, Wiley Blackwell, vol. 59(6), pages 1495-1515, November.
    3. Oliver Morrissey, & Evious Zgovu, 2007. "The Impact of Economic Partnership Agreements on ACP Agriculture Imports and Welfare," Discussion Papers 07/09, University of Nottingham, CREDIT.
    4. Chris Milner, & Oliver Morrissey, & Evious Zgovu, 2007. "Adjusting to Bilateral Trade Liberalisation under an EPA: Evidence for Mauritius," Discussion Papers 07/11, University of Nottingham, CREDIT.
    5. Stender, Frederik & Berger, Axel & Brandi, Clara & Schwab, Jakob, 2020. "The trade effects of the economic partnership agreements between the European Union and the African, Caribbean and Pacific group of states: Early empirical insights from panel data," IDOS Discussion Papers 7/2020, German Institute of Development and Sustainability (IDOS).
    6. Chris Milner & Oliver Morrissey & Evious Zgovu, 2011. "Designing Economic Partnership Agreements To Promote Intra‐Regional Trade In Acp Countries," South African Journal of Economics, Economic Society of South Africa, vol. 79(4), pages 376-391, December.

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