Analysis of Industry Drivers in ECOWAS

Because of the pivotal role that industrialization could play in a nation's economic, this study empirically analyzes the industry drivers in ECOWAS.The analysis covers the period 2007 -2020 and uses the econometric tool via the fixed effects model.The results obtained indicate that the imports and exports of goods and services, proportion of the population with access to electricity, and the benefits from natural resources could be considered as efficient tools for the process, acceleration and consolidation of industrialization in ECOWAS.In these circumstances, the ECOWAS leader's policies to industrialize the region should be directed to the imports and exports of goods and services, the proportion of the population with access to electricity, and the benefits from natural resources.