西非基础设施融资和贸易绩效

J. O. Saka, D. B. Olanipekun, A. G. Johnson, M. M. Ologundudu
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摘要

本研究考察了1990-2021年期间西非国家基础设施与贸易绩效之间的关系。它在这一领域的现有研究的基础上进一步探讨了教育和能源资金对该区域贸易流动的影响。理论框架以克鲁格曼[1]所倡导的爱多样性理论为基础,并进行了相应的修改。这里的重点是从特定种类的选择中衍生出效用,从而促进生产、专业化、积极的外部性和规模经济。稳健最小二乘的结果显示,手机订阅的影响在下降,而政府支出对教育的影响在增加,尽管与预期不同。能源投资似乎不足以促进该地区的贸易表现。瓦尔德检验表明,进口贸易与基础设施融资变量之间存在因果关系。
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Infrastructural Financing and Trade Performance in West Africa
This study examines the relationship between infrastructure and trade performance in West African countries during the 1990-2021. It moved a step further over the existing studies in this area to explore the effect of education and energy finance on trade flow in the region. The theoretical framework is based on the love of variety theory as advocated by Krugman [1] and modified to suit purpose. This emphasis here is on derivation of utility from a given varieties of choices which in turn boost production, specialization, positively externalities and economies of scale. Results of the robust least square show the declining effects of mobile phone subscriptions and increasing effect of government expenditure on education though not as expected. Investment in energy appears insufficient to boost trade performance in the region. The Wald test shows that causality occurs between import trade and infrastructure financing variables.
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