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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...

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Detalles Bibliográficos
Autores principales: Teye-Gaga, Prince, Obeng, Camara Kwasi, Afful, Benedict, Boadu, Michael Tutu
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2022
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.
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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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