Analysis of the Competitiveness and Sophistication of Exports in ECOWAS Countries: The Case of Measuring Trade in Value Added Products
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Date
2021-11-11
Authors
Fofana, Abdul-Fahd
Journal Title
Journal ISSN
Volume Title
Publisher
African Economic Research Consortium
Abstract
The objective of this study was first to analyse the participation of Economic
Community of West African States (ECOWAS) countries in the global value chain.
Then, an analysis was done of the export performance of these countries in value
added trade through export competitiveness and sophistication. The results show
that the participation of these countries in the global value chain is strongly driven by
downstream integration, that is, exports of primary products. With regard to export
performance in value added trade, the results suggest that the export basket of these
countries is uncompetitive. The results also highlight the low sophistication of the
export basket with a very high degree of heterogeneity between countries.
Description
Keywords
Global value chains , upstream integration , downstream integration , export competitiveness and sophistication