Journal
INTERNATIONAL ECONOMICS AND ECONOMIC POLICY
Volume 15, Issue 3, Pages 565-586Publisher
SPRINGER HEIDELBERG
DOI: 10.1007/s10368-017-0375-5
Keywords
E-commerce; Bilateral trade; Gravity model; Developing- and least-developed countries
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This study examines the impact of Internet and e-commerce adoption on bilateral trade flows using a panel of 21 developing- and least-developed countries and 30 OECD countries. Given the commitment of East African Community (EAC) to become the frontrunner in export-led economy across the African continent, special attention is dedicated to analyse the role of ICT and e-commerce on EAC's export performance. The empirical results indicate that better access to the modern ICT and adoption of e-commerce applications stimulate bilateral trade flows at various levels. The study notes that the efficient use of ICT equipped with highspeed internet and secured servers is a crucial milestone for unlocking the e-trade potentials for developing- and least-developed counties.
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