This paper examines the empirical relationships between exports growth and economic performance for western Africa countries using a non-linear Markov Switching VAR model in contrast with previous linear time series studies. We could not find causality from exports to GDP and vice versa in...

This paper examines the issue of existence and identification of a regional business or economic cycle in aggregated West African economic and monetary union (WAEMU) economy and single member countries' real GDP as well, by using a Markov regime switching model and the Gibbs Sampling simulation...

The objective of this paper is to examine how a small open economy such as Côte d’Ivoire (CI) can obtain growth-based internal tax resources, and how the tax system affects households and individuals through relative prices. A microsimulated CGE model is used to analyse the effects of an...

This paper examines the causal relationships between human capital (Education, and Health) and Economic growth for the USA using time series approach for the period 1929-1997. We find cointegration between the variables under study. The EC-VAR investigations show bi-directional causality between...

Although the share of service sector in Côte d’Ivoire’s real GDP is higher than other sectors, it is widely recognized that the Ivorian economy is mainly based on agricultural sector and thus the fluctuations in this ‘motor’ sector could have a huge impact on the growth process of the...

This paper investigates the empirical saving-investment relationships for Cote d'Ivoire and Ghana over the period 1960-1998, using a Markov Switching VAR model. We find regime-dependent causality from saving to investment in Cote d'Ivoire but not in Ghana. In terms of Feldstein and Horioka...