Please use this identifier to cite or link to this item: http://repository.unizik.edu.ng/handle/123456789/663
Title: Impact of Trade Restrictions in European and Sub-Saharan Regions
Authors: Edeme, Richardson Kojo
Aduku, Ebikabowei Biedomo
Nwokoye, Ebele Stella
Nkalu, Nelson Chigozie
Keywords: Trade restrictions
trade barrier
tariff
trade openness
trade-off
European region
sub-Saharan region
Issue Date: 2020
Publisher: SAGE
Citation: Review of Market Integration 12(1–2) 35–50
Abstract: This article investigates the impact of trade restrictions in European and sub-Saharan regions. The study employed annual time series for the period from 1980 to 2019. Based on augmented Philip curve framework, it was found that for the European Union, the trade-off is 4.31 per cent, while it is 2.66 per cent for the sub-Saharan African region. This suggests that the negative effect of globalisation due to trade restrictions is more in developed regions than in developing regions of the world. The implication of the finding is that whether in developed or developing countries, a trade-off exists between globalisation and restricted trade. This has significant bilateral and multilateral trade policy relevance.
Description: Scholarly work
URI: DOI: 10.1177/0974929220969221
http://journals.sagepub.com/home/rmi
http://repository.unizik.edu.ng/handle/123456789/663
Appears in Collections:Scholarly Works

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