The Role of Services Trade in Economic Development
Philip O. Alege, Adeyemi A. Ogundipe
Journal of Economics, Management and Trade · pp. 350–365 · Published 30 Oct 2014
10.9734/BJEMT/2015/13474Abstract
This paper is an attempt to investigate the impact of services trade on economic development of Sub-Sahara African (SSA) countries. Our analysis is based on a panel data framework over the period 1990 to 2010 covering thirty-three countries. The paper employs the endogenous growth model to examine the nonlinearities associated with services exports and services imports in the economic development process of SSA countries under consideration. The trade data was disaggregated into travel, transport and other services. The panel data constructed was estimated using ordinary pooled, fixed effects and random effects model techniques and the efficient model was selected based on the Hausman test. The paper finds that both services exports and services imports enhance economic development process. The study also indicates that labour and capital play an important role in the SSA economies.
Cited by 4
Shujaat Naeem Azmi, Shakeb Akhtar · Quality & Quantity · 2022
Eser ÇAPIK, Hidayet Gizem ÜNLÜ ÖREN · Sosyoekonomi · 2023
Sèna K. Gnangnon · Australian Economic Papers · 2020
Aylin KOCA · Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi · 2023
Related research
- The Impact of Agricultural Output on Economic Development in Nigeria (1986-2014) — shares topic coverage
- Green Entrepreneurship, Corporate Finance & Western Balkans in the Post-Pandemic World: Sustainable, Green and Scalable Investments in the Post COVID-19 Era — shares topic coverage
- Epidemiological Profile of Infectious Diseases Notified in a Municipality Integrated into the Bioceanic Route in Brazil — shares topic coverage
- Effect of Government Expenditure on Economic Development: A Study of Selected West African Countries — shares topic coverage
- Evaluating the Effects of Globalization and Small Arms Proliferation on Nigeria Economic Development — shares topic coverage
Article metrics
Real usage data collected on this platform.
0
Page views
0
PDF downloads
0
Outbound clicks
4
Citations
Views by country
Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".
No views recorded yet.
Traffic sources
Referring site, by host.
No traffic recorded yet.
Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.