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Trade liberalization and poverty reduction in the WAEMU area

Authors: KONE , Djakaridja; FOADE, Dénis Joel Tongnivi;

Trade liberalization and poverty reduction in the WAEMU area

Abstract

The objective of this paper is to examine the impact of trade openness on poverty based on data from a panel of eight countries of the West African Economic and Monetary Union between 1993 and 2021. The adopted methodological approachis mainly based on the analysis of panel data. Our results indicate that trade openness contributes significantly to poverty reduction. However, it is important to note that the growth channel, often discussed in the theoretical literature, remains insignificant in the relationship between trade openness and poverty. This finding is partly explained by the fact that the benefits of openness are spread across the economy and cannot be attributed simply to improvements in growth.

Keywords

Trade openness, poverty, economic growth, panel data, WAEMU.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
hybrid