English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Plus monthly

Global: Zendy Tools annual

Global: Zendy Tools monthly

Global: Zendy Free Plan

This study investigates the role of logistics and its six components on tradeflows in selected Economic Community of West Africa States (ECOWAS) countries.The impact of other macro-economic variables on trade flows was alsoinvestigated. Ten countries were selected in eight years period. We decomposedtrade flows into import and export trade. The World Bank Logistics performanceindex was used as a measure of logistics performance. The LPI has sixcomponents, and the impact of these components on trade flows were alsoexamined. The fixed-effect model was used to explain the cross-country resultthat was obtained. The results showed that logistics has no significant impacton both Import and export, thus logistics play no role on trade flows among theselected ECOWAS countries. The components of logistics except Timeliness ofshipments in reaching the final destination ( CRC ),have no impact on tradeflows. Income was found to be positively related to imports. Exchange rate,consumption and money supply, reserve and tariff have no significant impact onimports. Relative import price has an inverse and significant relationship withimports. GDP has a positive and significant impact on export trade. The studyalso found FDI, savings, exchange rate and labour to have insignificant impacton exports. Finally, we found that logistics is not a driver of trade among theselected ECOWAS countries. The study recommended the introduction of the singlewindow system and improvement in border management in order to reduce the costassociated with Logistics and thereby enhance trade.

Logistics and trade flows in selected ECOWAS Countries: An empirical verification