Total Exports

Industrial trade

Agricultural trade

Total

Effect

Direct

Effect

Indirect

Effect

Total

Effect

Direct

Effect

Indirect

Effect

Total

Effect

Direct

Effect

Indirect

Effect

Bilateral

Distance

−0.659***

−0.375***

−0.284***

−0.842***

−0.54***

−0.303***

0.037

0.03

0.007

−0.0708

−0.08

−0.0933

Intern

Distance

−1.44***

−0.819***

−0.621***

−1.575***

−1.001***

−0.566***

−0.091

−0.073

−0.018

−0.142

−0.156

−0.202

Political Stability

destination

−0.397***

−0.226***

−0.171***

−0.337***

−0.216***

−0.121***

−0.237***

−0.191***

−0.046***

−0.056

−0.062

−0.073

Control of

Corruption

destination

−0.254***

−0.109***

−0.108***

−0.246**

−0.158**

−0.089**

−0.109

−0.088

−0.021

−0.113

−0.127

−0.155

Rules of Law

destination

0.661***

0.376***

0.285***

0.649***

0.416***

0.233***

0.262

0.21

0.051

−0.13

−0.146

−0.172

Common

Border

2.594***

1.475***

1.119***

2.428***

1.556***

0.872***

2.553***

2.053***

0.501***

−0.133

−0.148

−0.155

Common

official Language

0.174**

0.099**

0.075**

0.266***

0.170***

0.096***

−0.181

−0.146

−0.036

−0.088

−0.098

−0.119

Common

Colonizer

0.115

0.065

0.05

−0.059

−0.038

−0.021

−0.487***

−0.391***

−0.095***

−0.098

−0.109

−0.128

Common

Religion

0.458***

0.261***

0.198***

0.313

0.201

0.113

0.364

0.293

0.071

−0.171

−0.205

−0.227

Landlocked

destination

−0.651***

−0.371***

−0.282***

−0.612***

−0.392***

−0.219***

−0.245***

−0.197***

−0.048***

−0.077

−0.083

−0.103

Common

Currency

0.615***

0.350***

0.265***

0.552***

0.354***

0.198***

0.972***

0.782***

0.191***

−0.128

−0.14

−0.161

SADC

1.583***

0.901***

0.683***

1.37***

0.878***

0.492***

1.185***

0.952***

0.232***

−0.139

−0.153

−0.167

CEDEAO

−0.104

−0.059

−0.045

−0.399***

−0.256***

−0.143***

1.018***

0.818***

0.199***

−0.124

−0.139

−0.161

COMESA

0.007***

0.004***

0.003***

−0.289**

−0.185**

−0.104**

1.398***

1.124***

0.274***

−0.136

−0.155

−0.165

ECCAS

−0.951***

−0.541***

−0.410***

−1.124***

−0.720***

−0.404***

−1.163***

−0.935***

−0.228***

−0.207

−0.231

−0.266

UMA

0.521

0.296

0.225

1.446***

0.927***

0.519***

0.523

0.42

0.103

−0.369

−0.418

−0.524

ρ

0.441***

0.366***

0.198***

−0.0186

−0.019

−0.026

σ

2.567***

2.787***

2.687

−0.021

−0.024

−0.028

LR Test

SAR vs. OLS

(Rho=0)

562***

362***

57.76***