Regional economic integration and growth of the African Union: evidence from the Multi-dimensional Regional Integration Index
This research investigated the impact of regional trade integration (RTI), regional financial integration (RFI), and multidimensional regional integration (MDRI) on the economic growth of African Union (AU) member countries based on a panel dataset for 2010-2020. The system generalised method of mom...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Universiti Putra Malaysia
2025
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| Online Access: | http://psasir.upm.edu.my/id/eprint/120965/ http://psasir.upm.edu.my/id/eprint/120965/1/120965.pdf |
| _version_ | 1848868260302290944 |
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| author | Bala, Umar Abubakar, Muhammad Bello Yakubu, Yahaya Adamu, Mohammad Allayarov, Piratdin |
| author_facet | Bala, Umar Abubakar, Muhammad Bello Yakubu, Yahaya Adamu, Mohammad Allayarov, Piratdin |
| author_sort | Bala, Umar |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This research investigated the impact of regional trade integration (RTI), regional financial integration (RFI), and multidimensional regional integration (MDRI) on the economic growth of African Union (AU) member countries based on a panel dataset for 2010-2020. The system generalised method of moments (system-GMM) was used. The results revealed that regional trade integration exerted a positive influence, regional financial integration had no significant influence, and multidimensional regional integration had a negative impact on economic growth. Finally, from the evidence of this study, it was observed that the control variables had a stronger impact on trade performance than the regional economic integration variables. The study recommends that if the African Union countries remain committed to advancing regional integration, bolstering regional trade agreements (RTAs) and streamlining cross-border trade for the seamless movement of goods and services, the region can anticipate a tangible elevation in its trade performance. |
| first_indexed | 2025-11-15T14:49:34Z |
| format | Article |
| id | upm-120965 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T14:49:34Z |
| publishDate | 2025 |
| publisher | Universiti Putra Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-1209652025-10-17T01:47:44Z http://psasir.upm.edu.my/id/eprint/120965/ Regional economic integration and growth of the African Union: evidence from the Multi-dimensional Regional Integration Index Bala, Umar Abubakar, Muhammad Bello Yakubu, Yahaya Adamu, Mohammad Allayarov, Piratdin This research investigated the impact of regional trade integration (RTI), regional financial integration (RFI), and multidimensional regional integration (MDRI) on the economic growth of African Union (AU) member countries based on a panel dataset for 2010-2020. The system generalised method of moments (system-GMM) was used. The results revealed that regional trade integration exerted a positive influence, regional financial integration had no significant influence, and multidimensional regional integration had a negative impact on economic growth. Finally, from the evidence of this study, it was observed that the control variables had a stronger impact on trade performance than the regional economic integration variables. The study recommends that if the African Union countries remain committed to advancing regional integration, bolstering regional trade agreements (RTAs) and streamlining cross-border trade for the seamless movement of goods and services, the region can anticipate a tangible elevation in its trade performance. Universiti Putra Malaysia 2025 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/120965/1/120965.pdf Bala, Umar and Abubakar, Muhammad Bello and Yakubu, Yahaya and Adamu, Mohammad and Allayarov, Piratdin (2025) Regional economic integration and growth of the African Union: evidence from the Multi-dimensional Regional Integration Index. International Journal of Economics and Management, 19 (2). pp. 199-212. ISSN 1823-836X; eISSN: 2600-9390 http://www.ijem.upm.edu.my/vol19no2/4)%20Regional%20Economic%20Integration.pdf 10.47836/ijeam.19.2.04 |
| spellingShingle | Bala, Umar Abubakar, Muhammad Bello Yakubu, Yahaya Adamu, Mohammad Allayarov, Piratdin Regional economic integration and growth of the African Union: evidence from the Multi-dimensional Regional Integration Index |
| title | Regional economic integration and growth of the African Union: evidence from the Multi-dimensional Regional Integration Index |
| title_full | Regional economic integration and growth of the African Union: evidence from the Multi-dimensional Regional Integration Index |
| title_fullStr | Regional economic integration and growth of the African Union: evidence from the Multi-dimensional Regional Integration Index |
| title_full_unstemmed | Regional economic integration and growth of the African Union: evidence from the Multi-dimensional Regional Integration Index |
| title_short | Regional economic integration and growth of the African Union: evidence from the Multi-dimensional Regional Integration Index |
| title_sort | regional economic integration and growth of the african union: evidence from the multi-dimensional regional integration index |
| url | http://psasir.upm.edu.my/id/eprint/120965/ http://psasir.upm.edu.my/id/eprint/120965/ http://psasir.upm.edu.my/id/eprint/120965/ http://psasir.upm.edu.my/id/eprint/120965/1/120965.pdf |