Intra-Regional Agricultural Exports in the East African Community

This study investigated the causes of intra-EAC agricultural exports. Five Augmented gravity models were estimated using the Pseudo Poisson Maximum Likelihood (PPML) Approach. The study used panel data from UNCOMTRADE, International Financial Statistics and World Development Indicators for the period 2000 – 2012 on the five EAC members. The intra-EAC agricultural exports depended on various factors, including GDP of exporter, GDP of the importer, Exchange rate, distance between the economic centers, language similarities, adjacency and population of the exporter. EAC secretariat and respective governments in EAC should also reduce currency value disparities among the member states as a means of promoting intraregional agricultural trade. The proposed monetary union and harmonization of currencies would significantly promote agricultural trade within the region. The EAC member states should also enhance border liberalization, as this will also promote intra-regional agricultural trade, among other measures.


Issue Date:
Jan 01 2017
Publication Type:
Journal Article
ISSN:
1821-8148
Language:
English
Published in:
African Journal of Economic Review, Volume 05, Number 1
Page range:
14-31




 Record created 2017-10-27, last modified 2017-10-27

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