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Export Performance In Africa

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  • Shapouri, Shahla
  • Rosen, Stacey

Abstract

As the scarcity of foreign exchange continues, Africa's export sector must play the key role in generating investment income for Africa's financial recovery. The average annual increase in real export earnings for the countries included in this study was less than 1 percent from 1980 to 1986. Along with slow growth, the instability of export earnings has a destabilizing effect on import capacity and economic growth. The coefficients of variation of export earnings averaged about 26 percent; an index of export shortfalls averaged about 10 percent. Commodity diversification was found to be a significant factor in improving export earnings growth and reducing export instability. Given the slow movement toward diversification, the performance of primary commodities, especially prices, and improved government incentives will remain the key factors in Africa's export and economic recovery.

Suggested Citation

  • Shapouri, Shahla & Rosen, Stacey, 1989. "Export Performance In Africa," Staff Reports 278190, United States Department of Agriculture, Economic Research Service.
  • Handle: RePEc:ags:uerssr:278190
    DOI: 10.22004/ag.econ.278190
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    File URL: https://ageconsearch.umn.edu/record/278190/files/ers-report-396.pdf
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    References listed on IDEAS

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    1. Glezakos, Constantine, 1973. "Export Instability and Economic Growth: A Statistical Verification," Economic Development and Cultural Change, University of Chicago Press, vol. 21(4), pages 670-678, Part I Ju.
    2. Naya, Seiji, 1973. "Fluctuations in Export Earnings and Economic Patterns of Asian Countries," Economic Development and Cultural Change, University of Chicago Press, vol. 21(4), pages 629-641, Part I Ju.
    3. Shapouri, Shahla & McKaig, Nancy, 1987. "EcoNontc RESPONSE TO DEVALUATION IN SELECTED DEVELOPING COUNTRIES," Staff Reports 277996, United States Department of Agriculture, Economic Research Service.
    4. Massell, Benton F, 1970. "Export Instability and Economic Structure," American Economic Review, American Economic Association, vol. 60(4), pages 618-630, September.
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    Cited by:

    1. Otima, Ruth M. A., 1994. "Predicting loan repayment performance: a case of Kenyan farm borrowers," ISU General Staff Papers 1994010108000018175, Iowa State University, Department of Economics.
    2. Dean DeRosa, 1992. "Protection and export performance in Sub-Saharan Africa," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 128(1), pages 88-124, March.
    3. Diao, Xinshen & Elbehri, Aziz & Gehlhar, Mark J. & Gibson, Paul R. & Leetmaa, Susan E. & Mitchell, Lorraine & Nelson, Frederick J. & Nimon, R. Wesley & Normile, Mary Anne & Roe, Terry L. & Shapouri, S, 2001. "Agricultural Policy Reform In The Wto: The Road Ahead," Agricultural Economic Reports 34015, United States Department of Agriculture, Economic Research Service.

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