Impact of Agoa on Agricultural Exports Growth of Member Countries: A Dynamic Shift-share Analysis

Abstract

African Growth and Opportunity Act (AGOA) enhanced trade between the U.S. and Africa by providing duty-free access. However, very few studies examine the impact of agricultural exports to the U.S. Using dynamic shift-share analysis, this study evaluates potential impact of AGOA on U.S. export growth for four major aggregate commodity groups – bulk, consumer, intermediate and ag-related. The performance of AGOA on export growth is empirically examined by comparing pre-AGOA (1980-200), post-AGOA (2000-2019), and complete time-period (1980-2019). The results suggest member countries’ exports have grown from a deficit of $436 million pre-AGOA to $1,487 million in Post-AGOA. Bulk commodities contributed the most, $754 million, consumer was responsible for $417 million while intermediate, and ag-related contributed $249 million, and $67 million, respectively.

Presenters

Jamal Musah
Research Associate, L.C.Cooper International Trade Center, North Carolina A&T State Center, North Carolina, United States

Osei-Yeboah Osei-Yeboah
NC A&T State University

Details

Presentation Type

Paper Presentation in a Themed Session

Theme

Networks of Economy and Trade

KEYWORDS

AGOA, Trade Act, Sub-Saharan Africa, Agricultural trade, Export growth

Digital Media

This presenter hasn’t added media.
Request media and follow this presentation.