The Impact of Trade Balance on Economic Growth in West African Countries

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Panel data reveals significant positive effects of trade balance and exchange rates on economic growth.

Trade balance significantly boosts economic growth in West Africa over both short and long terms.
Results indicated that a positive trade balance correlates with increases in GDP per capita in the region.
The study used mean group (PMG)/ARDL methods to analyze economic data from fifteen West African countries.
Implementing export promotion strategies could enhance economic growth and development in West Africa.

Gbenga et al. (2025) studied this question.

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