Volume 8, Issue 2, September 2014, Pages 756–769
Kouassi Conrad Leon Aidehou1, Su Chang Yang2, and Benjamin Ehikioya3
1 Department of Economics, Lanzhou University, Lanzhou, China
2 Department of Economics, Lanzhou University, Lanzhou, China
3 Department of Sales, Hewlett-Packard, Lagos, Nigeria
Original language: English
Copyright © 2014 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
This paper examines the structural transformation in the trade relation between Ecowas member countries and China, using the flying geese model. We used data set on exports and imports as published by the United Nations Commodity Trade Statistics Database (UN-COMTRADE) for the period 1998-2010. We conferred the study to three-digit of the standard international trade classification (SITC) Revision 2 and we focus on 173 groups of products SITC. The results of our investigation revealed Nigeria, Ghana, Cote d'Ivoire and Benin to be the first Ecowas countries to join the flying geese model led by China. Afterward, countries such as Senegal, Burkina Faso, Gambia and Togo followed the geese model. China, being a transitioning economy, has helped too in leading the structural transformation in natural-resource intensive products in West African countries. However, the process of the structural transformation in Ecowas countries as led by China was found to have been slow. The trade pattern was predominantly that of inter-industry trade.
Author Keywords: Comparative Advantage, Inter-Industry Trade, Intra-Industry Trade, Value chain, Flying Geese model.
Kouassi Conrad Leon Aidehou1, Su Chang Yang2, and Benjamin Ehikioya3
1 Department of Economics, Lanzhou University, Lanzhou, China
2 Department of Economics, Lanzhou University, Lanzhou, China
3 Department of Sales, Hewlett-Packard, Lagos, Nigeria
Original language: English
Copyright © 2014 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
This paper examines the structural transformation in the trade relation between Ecowas member countries and China, using the flying geese model. We used data set on exports and imports as published by the United Nations Commodity Trade Statistics Database (UN-COMTRADE) for the period 1998-2010. We conferred the study to three-digit of the standard international trade classification (SITC) Revision 2 and we focus on 173 groups of products SITC. The results of our investigation revealed Nigeria, Ghana, Cote d'Ivoire and Benin to be the first Ecowas countries to join the flying geese model led by China. Afterward, countries such as Senegal, Burkina Faso, Gambia and Togo followed the geese model. China, being a transitioning economy, has helped too in leading the structural transformation in natural-resource intensive products in West African countries. However, the process of the structural transformation in Ecowas countries as led by China was found to have been slow. The trade pattern was predominantly that of inter-industry trade.
Author Keywords: Comparative Advantage, Inter-Industry Trade, Intra-Industry Trade, Value chain, Flying Geese model.
How to Cite this Article
Kouassi Conrad Leon Aidehou, Su Chang Yang, and Benjamin Ehikioya, “Ecowas Member Countries Trade with China: Analysis of Structural Transformation,” International Journal of Innovation and Applied Studies, vol. 8, no. 2, pp. 756–769, September 2014.
