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Incentive policies and export performance in sub-Saharan Africa

The paper presents the results of an econometric investigation which shows that exports in general, and agricultural exports in particular, are responsive to price incentives in sub- Saharan Africa. It is further shown that, within sub-Saharan Africa, market-oriented countries generally gained, and...

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Bibliographic Details
Published in:World development 1990-03, Vol.18 (3), p.383-391
Main Author: Balassa, Bela
Format: Article
Language:English
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Summary:The paper presents the results of an econometric investigation which shows that exports in general, and agricultural exports in particular, are responsive to price incentives in sub- Saharan Africa. It is further shown that, within sub-Saharan Africa, market-oriented countries generally gained, and interventionist countries lost, export market shares. The differences in export performance are even greater if comparisons are made between private market economies and Ă©tatist countries in a three-fold classification scheme that puts some countries in an intermediate category.
ISSN:0305-750X
1873-5991
DOI:10.1016/0305-750X(90)90125-H