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The aim of this paper is to study the nature of the relationship between energy consumption and economic growth in Cameroon through a three-step approach: (i) study the stationarity of the chronic, (ii) test of causality between variables, and (iii) estimate the appropriate model. The study...
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Africa has been hard hit by the international crisis. Initially exogenous and above all financial, it has exacerbated various internal crises already present in the region. Like the DRC, which is a test case in many respects, Africa could experience severe setbacks that could cancel out the...
Persistent link: https://www.econbiz.de/10010742293
Our paper examines the long run relationship between economic growth and the current account balance equilibrium by relying on the BoP constrained growth model. We find that Vietnam grew less than the rate predicted when the period 1985 to 2010 as a whole is considered, but with different...
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Access to modern energy is believed to be a prerequisite for sustainable development, poverty alleviation and the achievement of the Millennium Development Goals. However, theoretical models and empirical results offer conflicting evidence on the relationship between energy consumption and...
Persistent link: https://www.econbiz.de/10010707508
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We examine FDI’s effects of on domestic investment in Sub-Saharan Africa. Our model’s assumptions are inspired from the theoretical model of Agosin and Mayer (2001). Two assumptions have special interest: (i) the first is that multinational firms crowd-out local firms ; (ii) the second...
Persistent link: https://www.econbiz.de/10010707936
To what extent did the colonial public policy influence the current regional inequalities in the French- speaking West Africa? This paper uses the differences in development outcomes across the areas of the former French West Africa to show the existence of colonial long term effects on...
Persistent link: https://www.econbiz.de/10010707977