18th Annual Student Research Conference
Social Science
An Empirical Analysis of US-Africa Trade and the Impact of the African Growth and Opportunity Act (AGOA) on Trade
Pamela S. Agbevey
Dr. Emmanuel Nnadozie, Faculty Mentor
This research was conducted to determine whether Population Size, Income level (per capita GNP), GNP, Political Risk Index, Debt Burden, Infrastructural development (Phones), Literacy rate (Schools), Francophone, Inflation and the presence of AGOA affect the level of Trade that an African country receives from the United Sates. Data for the project were obtained from a World Development Indicator CD-ROM (2002), US Census Bureau Website, and the AGOA Website. Results from the study showed that some of the variables used in the study did significantly affect trade whiles others did not. Considering the impact of AGOA from results, it is too early to determine any significance it has or may have on trade and that future research done on this may yield favorable results. These findings could help us better understand US-African trade and how to encourage US companies to invest in Africa or engage in trade with African countries.
Keywords: AGOA, Trade (US-Africa), Development
Topic(s):Economics
Presentation Type: Oral Paper
Session: 44-3
Location: VH 1408
Time: 2:45