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The growth literature has had problems explaining the ""sub-Saharan African growth dummy"" in cross-country regressions. Instead of taking the usual approach of focusing on long-run growth and assuming that sub-Saharan countries have homogenous parameters in growth regressions, we concentrate...
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In the growth literature, evidence on income convergence is mixed. In the development literature, health and education indicators are also often used. This study examines whether health and education levels are converging across countries and calculates their convergence speed, using data from...
Persistent link: https://www.econbiz.de/10005248134
Could a West African monetary union (either of the non-CFA countries, or all ECOWAS members) be an effective "agency of restraint" on fiscal policies? We discuss how monetary union could affect fiscal discipline and the arguments for explicit fiscal restraints considered in the European Monetary...
Persistent link: https://www.econbiz.de/10005599504
This paper analyzes the impact of political instability in Côte d’Ivoire on WAEMU trade over 1990-2007, applying panel … econometric techniques to a gravity model of trade within WAEMU and between WAEMU and the rest of the world. The paper finds that … intra-regional trade represents a small share of total WAEMU trade and that Côte d’Ivoire accounts for around half of that …
Persistent link: https://www.econbiz.de/10009019567
The paper examines Senegal’s growth performance from the perspective of its povertyreducing and distributional …
Persistent link: https://www.econbiz.de/10010790286
This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects …-level research, and case studies) supports the view that trade openness contributes greatly to growth. Moreover, trade openness does … not have systematic effects on the poor beyond its effect on overall growth. Trade policy is only one of many determinants …
Persistent link: https://www.econbiz.de/10005263804
China's sectoral trade composition, product quality mix, and import content of processing exports have all changed … substantially during the past decade. This has rendered trade elasticities estimated using aggregate data highly unstable, with more …
Persistent link: https://www.econbiz.de/10005263876