The Impact of the COVID-19 Pandemic on Exports in Africa: An Approach Based on Fractional Integration

This paper examines the influence of the COVID-19 pandemic on exports in Africa. Fractional integration methods were applied to monthly African exports from 26 African countries from January 2011 to December 2020. We observe that the order of integration is found to be statistically smaller than 1 i...

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Authors: Robert Mudida, Luis Alberiko Gil-Alana, López Martínez, Gema
Format: article
Publication Date:2023
Country:España
Institution:Universidad Complutense de Madrid (UCM)
Repository:Docta Complutense
Language:English
OAI Identifier:oai:docta.ucm.es:20.500.14352/124738
Online Access:https://hdl.handle.net/20.500.14352/124738
Access Level:Open access
Keyword:C22, G15, M21
Africa, Exports, Persistence, Fractional integration.
Comercio
5304.04 Comercio Exterior
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oai_identifier_str oai:docta.ucm.es:20.500.14352/124738
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spelling The Impact of the COVID-19 Pandemic on Exports in Africa: An Approach Based on Fractional IntegrationRobert MudidaLuis Alberiko Gil-AlanaLópez Martínez, GemaC22, G15, M21Africa, Exports, Persistence, Fractional integration.Comercio5304.04 Comercio ExteriorThis paper examines the influence of the COVID-19 pandemic on exports in Africa. Fractional integration methods were applied to monthly African exports from 26 African countries from January 2011 to December 2020. We observe that the order of integration is found to be statistically smaller than 1 in all except a single country, Angola. For the rest of the African countries, shocks are transitory, showing mean reversion though with a large degree of heterogeneity across the countries, ranging from low levels of persistence with short memory behaviour in Sao Tome and Principle, the Seychelles and Kenya to high levels of persistence in the Democratic Republic of Congo.Digital Commons on behalf of Afreximbank.Universidad Complutense de Madrid20232023-12-2720232023-12-27journal articlehttp://purl.org/coar/resource_type/c_6501info:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/20.500.14352/124738reponame:Docta Complutenseinstname:Universidad Complutense de Madrid (UCM)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2Attribution-NonCommercial-NoDerivatives 4.0 Internationalhttp://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccessoai:docta.ucm.es:20.500.14352/1247382026-06-02T12:44:21Z
dc.title.none.fl_str_mv The Impact of the COVID-19 Pandemic on Exports in Africa: An Approach Based on Fractional Integration
title The Impact of the COVID-19 Pandemic on Exports in Africa: An Approach Based on Fractional Integration
spellingShingle The Impact of the COVID-19 Pandemic on Exports in Africa: An Approach Based on Fractional Integration
Robert Mudida
C22, G15, M21
Africa, Exports, Persistence, Fractional integration.
Comercio
5304.04 Comercio Exterior
title_short The Impact of the COVID-19 Pandemic on Exports in Africa: An Approach Based on Fractional Integration
title_full The Impact of the COVID-19 Pandemic on Exports in Africa: An Approach Based on Fractional Integration
title_fullStr The Impact of the COVID-19 Pandemic on Exports in Africa: An Approach Based on Fractional Integration
title_full_unstemmed The Impact of the COVID-19 Pandemic on Exports in Africa: An Approach Based on Fractional Integration
title_sort The Impact of the COVID-19 Pandemic on Exports in Africa: An Approach Based on Fractional Integration
dc.creator.none.fl_str_mv Robert Mudida
Luis Alberiko Gil-Alana
López Martínez, Gema
author Robert Mudida
author_facet Robert Mudida
Luis Alberiko Gil-Alana
López Martínez, Gema
author_role author
author2 Luis Alberiko Gil-Alana
López Martínez, Gema
author2_role author
author
dc.contributor.none.fl_str_mv Universidad Complutense de Madrid
dc.subject.none.fl_str_mv C22, G15, M21
Africa, Exports, Persistence, Fractional integration.
Comercio
5304.04 Comercio Exterior
topic C22, G15, M21
Africa, Exports, Persistence, Fractional integration.
Comercio
5304.04 Comercio Exterior
description This paper examines the influence of the COVID-19 pandemic on exports in Africa. Fractional integration methods were applied to monthly African exports from 26 African countries from January 2011 to December 2020. We observe that the order of integration is found to be statistically smaller than 1 in all except a single country, Angola. For the rest of the African countries, shocks are transitory, showing mean reversion though with a large degree of heterogeneity across the countries, ranging from low levels of persistence with short memory behaviour in Sao Tome and Principle, the Seychelles and Kenya to high levels of persistence in the Democratic Republic of Congo.
publishDate 2023
dc.date.none.fl_str_mv 2023
2023-12-27
2023
2023-12-27
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://hdl.handle.net/20.500.14352/124738
url https://hdl.handle.net/20.500.14352/124738
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
Attribution-NonCommercial-NoDerivatives 4.0 International
http://creativecommons.org/licenses/by-nc-nd/4.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
Attribution-NonCommercial-NoDerivatives 4.0 International
http://creativecommons.org/licenses/by-nc-nd/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Digital Commons on behalf of Afreximbank.
publisher.none.fl_str_mv Digital Commons on behalf of Afreximbank.
dc.source.none.fl_str_mv reponame:Docta Complutense
instname:Universidad Complutense de Madrid (UCM)
instname_str Universidad Complutense de Madrid (UCM)
reponame_str Docta Complutense
collection Docta Complutense
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15,81155

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