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Economic integration and survival of Ghana’s manufactured and agriculture raw material exports
The paper investigates the effects of economic integration agreements on the survival of Ghana's manufactured and agriculture raw material exports. Using annual trade data for Ghanaian manufactured and agriculture raw material product exports from 1988 to 2018 and a discrete-time proportional h...
Autores principales: | , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier
2022
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9826831/ https://www.ncbi.nlm.nih.gov/pubmed/36632102 http://dx.doi.org/10.1016/j.heliyon.2022.e12723 |
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author | Teye-Gaga, Prince Obeng, Camara Kwasi Afful, Benedict Boadu, Michael Tutu |
author_facet | Teye-Gaga, Prince Obeng, Camara Kwasi Afful, Benedict Boadu, Michael Tutu |
author_sort | Teye-Gaga, Prince |
collection | PubMed |
description | The paper investigates the effects of economic integration agreements on the survival of Ghana's manufactured and agriculture raw material exports. Using annual trade data for Ghanaian manufactured and agriculture raw material product exports from 1988 to 2018 and a discrete-time proportional hazard model, we found that economic integration agreements enhance the survival of manufactured products and agriculture raw material exports. The Non-Reciprocal Preferential Trade Agreement is the most survival-enhancing. In addition, economic integration agreements strengthen the survival of existing active export relations but decrease the survival of export relations initiated after the agreement was signed. We also found that the average duration of manufactured products and agriculture raw material exports is 9.041 and 8.817 years, respectively. The study recommends that the Ministry of Trade and Industry should continue negotiating for Non-Reciprocal Trade Agreements. |
format | Online Article Text |
id | pubmed-9826831 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | Elsevier |
record_format | MEDLINE/PubMed |
spelling | pubmed-98268312023-01-10 Economic integration and survival of Ghana’s manufactured and agriculture raw material exports Teye-Gaga, Prince Obeng, Camara Kwasi Afful, Benedict Boadu, Michael Tutu Heliyon Research Article The paper investigates the effects of economic integration agreements on the survival of Ghana's manufactured and agriculture raw material exports. Using annual trade data for Ghanaian manufactured and agriculture raw material product exports from 1988 to 2018 and a discrete-time proportional hazard model, we found that economic integration agreements enhance the survival of manufactured products and agriculture raw material exports. The Non-Reciprocal Preferential Trade Agreement is the most survival-enhancing. In addition, economic integration agreements strengthen the survival of existing active export relations but decrease the survival of export relations initiated after the agreement was signed. We also found that the average duration of manufactured products and agriculture raw material exports is 9.041 and 8.817 years, respectively. The study recommends that the Ministry of Trade and Industry should continue negotiating for Non-Reciprocal Trade Agreements. Elsevier 2022-12-30 /pmc/articles/PMC9826831/ /pubmed/36632102 http://dx.doi.org/10.1016/j.heliyon.2022.e12723 Text en © 2022 The Author(s) https://creativecommons.org/licenses/by-nc-nd/4.0/This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). |
spellingShingle | Research Article Teye-Gaga, Prince Obeng, Camara Kwasi Afful, Benedict Boadu, Michael Tutu Economic integration and survival of Ghana’s manufactured and agriculture raw material exports |
title | Economic integration and survival of Ghana’s manufactured and agriculture raw material exports |
title_full | Economic integration and survival of Ghana’s manufactured and agriculture raw material exports |
title_fullStr | Economic integration and survival of Ghana’s manufactured and agriculture raw material exports |
title_full_unstemmed | Economic integration and survival of Ghana’s manufactured and agriculture raw material exports |
title_short | Economic integration and survival of Ghana’s manufactured and agriculture raw material exports |
title_sort | economic integration and survival of ghana’s manufactured and agriculture raw material exports |
topic | Research Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9826831/ https://www.ncbi.nlm.nih.gov/pubmed/36632102 http://dx.doi.org/10.1016/j.heliyon.2022.e12723 |
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