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prof. Dr. Ing. Libor Grega
Identification number: 1639
University e-mail: libor.grega [at] mendelu.cz
 
Academic staff - university professor - Department of Regional and Business Economics (FRDIS)
 

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Supervised theses
     
     

Basic information

Basic information about a final thesis

Type of thesis: Bachelor thesis
Thesis title:
Impacts of international trade on economic development in Sub-Saharan Africa
Written by (author): Bc. Raymond Kofi Adjei
Department:
Department of Regional and Business Economics (FRDIS)
Thesis supervisor:
Opponent:
Final thesis progress:
Final thesis was successfully defended.


Additional information

Additional information about the final thesis follows. Click on the language link to display the information in the desired language.

Language of final thesis:
English

Czech        English

Title of the thesis:
Impacts of international trade on economic development in Sub-Saharan Africa
Summary:This thesis examines the impacts that international trade has on the economic development of Sub-Saharan Africa. Trade balance was used as a proxy for international trade while HDI was used as a proxy for economic development. Secondary data for trade balance as a percentage of GDP and HDI were sampled from the World Bank and the UN respectively. The physical checks of the data using histograms, a scatter plot, and Q-Q plots indicated the possibility of linear regression. Using the t-test to test the hypothesis, the regression analysis, however, indicated that there is insufficient evidence to assume a linear relationship between international trade and economic development. Interestingly, further tests using a reduced confidence level and a corresponding significance level showed a weak positive association between international trade and economic development. The regression coefficient, being closer to 0, suggested that if any, the impacts that international trade has on economic development is insignificant.
Key words:economic development, impacts, international trade, Sub-Saharan Africa

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