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-Saharan Africa countries. Our results suggest a strong relationship between the weight of trend shocks in the source of fluctuations … and the level of economic development. The weight of trend shocks is (i) higher in Sub-Saharan Africa countries than in …
Persistent link: https://www.econbiz.de/10010610335
Persistent link: https://www.econbiz.de/10009764508
This article explores the role of trend shocks in explaining the specificities of business cycles in Sub-Saharan African (SSA) countries using the methodology introduced by Aguiar and Gopinath (2007) [Emerging Market Business Cycles: The Cycle Is the Trend Journal of Political Economy 115(1)]....
Persistent link: https://www.econbiz.de/10008793580
growth as it “opens up” is contingent upon its own peculiarities …
Persistent link: https://www.econbiz.de/10008869269
is investigated by applying a simple three-month rolling standard deviation of real GDP growth and real final (total …) consumption growth combined with more formal econometric methods such as Granger causality test and multivariate regressions …, seem to be related to macroeconomic growth volatility in the Greek economy. …
Persistent link: https://www.econbiz.de/10009372530
indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … homogenous panels based on regions (Sub-Saharan and North Africa), income-levels (low, middle, lower-middle and upper …
Persistent link: https://www.econbiz.de/10011390790
services on growth. Causality analysis is performed with seven financial development and three growth indicators in the …
Persistent link: https://www.econbiz.de/10011390792
Edited by Augustin K. Fosu Routledge Studies in Development Economics, 2015, pp. 393 (Hardcover). Reviewed by Simplice A. Asongu African Governance and Development Institute P.O. Box 8413, Yaoundé, Cameroon.
Persistent link: https://www.econbiz.de/10011390930
growth. We use the EORA Multi-Region Input-Output tables to track the evolution of African countries along global value … local projection method to investigate the relationship between global value chains participation and growth, and provide … chains positively impacts their growth; a positive impact which is driven by trade in commodities, knowledge intensive good …
Persistent link: https://www.econbiz.de/10014483896
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