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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 |
Files in This Item:
File | Description | Size | Format | |
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NWOKOYE EBELE STELLA 4.pdf | 671.39 kB | Adobe PDF | View/Open |
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