TY - JOUR
T1 - The common market for Eastern and Southern Africa and Kenya's export trade
AU - Musila, Jacob Wanjala
PY - 2004
Y1 - 2004
N2 - This paper uses the gravity model to examine the impact of the Common Market for Eastern and Southern Africa on the flow of Kenya's exports. The empirical results suggest that COMESA has the effect of trade creation. No evidence for trade diversion is found. Accordingly, COMESA has helped to improve Kenya's export performance and, in turn, assisted in the effort to achieve the Millennium Development Goals. The results also show that nominal GDP of importing countries, distance, adjacency, and common official language have a statistically significant impact on the flow of Kenya's exports.
AB - This paper uses the gravity model to examine the impact of the Common Market for Eastern and Southern Africa on the flow of Kenya's exports. The empirical results suggest that COMESA has the effect of trade creation. No evidence for trade diversion is found. Accordingly, COMESA has helped to improve Kenya's export performance and, in turn, assisted in the effort to achieve the Millennium Development Goals. The results also show that nominal GDP of importing countries, distance, adjacency, and common official language have a statistically significant impact on the flow of Kenya's exports.
KW - Developing countries
KW - Kenya
KW - Trade
UR - http://www.scopus.com/inward/record.url?scp=23744483367&partnerID=8YFLogxK
U2 - 10.1108/03068290410515420
DO - 10.1108/03068290410515420
M3 - Review article
AN - SCOPUS:23744483367
SN - 0306-8293
VL - 31
SP - 67
EP - 77
JO - International Journal of Social Economics
JF - International Journal of Social Economics
IS - 1-2
ER -