Measuring trade potentials between West African Monetary Zone countries using the stochastic frontier gravity model

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dc.contributor.authorKumah, Innocent S.
dc.contributor.authorUniversity of Lethbridge. Faculty of Arts and Science
dc.contributor.supervisorTran, Kien
dc.date.accessioned2017-09-15T17:27:14Z
dc.date.available2017-09-15T17:27:14Z
dc.date.issued2017
dc.degree.levelMastersen_US
dc.description.abstractThe countries of the West African Monetary Zone (WAMZ) have set on course processes to become a currency union. Among other conditions, the optimal currency theory proposes high trade integrations between the candidate countries of a currency union because it facilitates the synchronization of the business cycles of the countries which is needed for an effective currency union. To assess the levels of trade integrations between the countries of the WAMZ, this study constructs an export frontier for each of the countries of the WAMZ using each country’s aggregated export data for at least 45 countries over the period 2000-2014. The study applies the Battese and Coelli (1992) model as well as the Kumbhakar (1990) model. The trade efficiency estimates between the countries of the WAMZ indicate various degrees of trade integrations. Overall, the results suggest a poorly integrated region from a trade standpoint.en_US
dc.embargoNoen_US
dc.identifier.urihttps://hdl.handle.net/10133/4909
dc.language.isoen_USen_US
dc.proquest.subject0501en_US
dc.proquest.subject0505en_US
dc.proquest.subject0511en_US
dc.proquestyesYesen_US
dc.publisherLethbridge, Alta : University of Lethbridge, Dept. of Economicsen_US
dc.publisher.departmentDepartment of Economicsen_US
dc.publisher.facultyArts and Scienceen_US
dc.relation.ispartofseriesThesis (University of Lethbridge. Faculty of Arts and Science)en_US
dc.subjectbilateral trade flowsen_US
dc.subjectcurrency unionsen_US
dc.subjectfrontier analysisen_US
dc.subjectmonetary unionsen_US
dc.subjecttrade potentialsen_US
dc.subjectWest Africaen_US
dc.titleMeasuring trade potentials between West African Monetary Zone countries using the stochastic frontier gravity modelen_US
dc.typeThesisen_US
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