IDEAS home Printed from https://ideas.repec.org/p/aer/wpaper/833c768a-09a0-4fb8-aa14-c32511b6b961.html
   My bibliography  Save this paper

Do Natural Resource Endowments Affect Export Diversification in Africa? A Cross-Country Analysis

Author

Listed:
  • Niass, Dieynaba

Abstract

This paper aims to analyse the effect of natural resources on the supply portfolio of African exports. Based on COMTRADE data on export products from 20002015, a methodological approach is applied using two standard measurement trade diversification indicators: active line counting and the standardised Herfindahl Hirschman index. These indicators are then linked to the status of resource-rich countries (and other controls) in a fixed-effects panel data model. The results of this paper suggest that the presence of oil resources (non-renewable resources) hurts diversification, essentially through the channel of degradation of institutions. Similarly, agricultural products (renewable resources) negatively affect African export diversification (count and index) through the exchange rate channel. This shows the need for Africa to strengthen the quality of institutions by fighting against corruption through transparency in the exploitation and export of natural resources, and through proper management. In addition, African countries must ensure the stability of monetary policies so that a depreciation of the exchange rate can be to their advantage.

Suggested Citation

  • Niass, Dieynaba, 2024. "Do Natural Resource Endowments Affect Export Diversification in Africa? A Cross-Country Analysis," Working Papers 833c768a-09a0-4fb8-aa14-c, African Economic Research Consortium.
    • Handle: RePEc:aer:wpaper:833c768a-09a0-4fb8-aa14-c32511b6b961
    Note: African Economic Research Consortium
    as

    Download full text from publisher

    File URL: https://publication.aercafricalibrary.org/handle/123456789/3803
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aer:wpaper:833c768a-09a0-4fb8-aa14-c32511b6b961. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Daniel Njiru (email available below). General contact details of provider: https://edirc.repec.org/data/aerccke.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.