Utilize este identificador para referenciar este registo: http://hdl.handle.net/10071/8909
Autoria: Fontoura, M. P.
Crespo, N.
Data: 2015
Título próprio: Trade performance of the less developed African countries
Volume: 49
Número: 1
Paginação: 223 - 241
ISSN: 0022-037X
DOI (Digital Object Identifier): 10.1353/jda.2015.0014
Palavras-chave: Constant market share analysis
Trade
Less developed African countries
Resumo: Adopting a long term perspective, covering four decades, we evaluate the trade performance of a vast group of less developed African countries (LDAC). Besides some general trade indicators, we apply a constant market share analysis in order to decompose export performance (measured through the market share growth rate) into several components with specific economic interpretation. Our main conclusions are: (i) the sectoral specialization structure of LDAC exports has remained heavy in commodities but the composition of the basket of goods exported has changed considerably with a very strong concentration in crude oil (mainly in the last two decades), (ii) the geographical structure of exports has also changed, with an important increase of the relative importance of China and USA, (iii) LDAC not only show a negative competitiveness effect, but are also penalized by their sectoral and geographical specialization, and (iv) the most favorable evolution is observed in the most recent sub-period (2000-2007), but it is insufficient to reverse the negative trend of the previous decades.
Arbitragem científica: yes
Acesso: Acesso Aberto
Aparece nas coleções:BRU-RI - Artigos em revistas científicas internacionais com arbitragem científica

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