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At the end of the 1980s, Côte d'Ivoire entered a deep macroeconomic crisis that put an end to the often-praised 'Ivorian miracle'. After the death of the founding father Houphouet- Boigny, unrestrained political competition added to bad economic conditions and led to the nightmare of civil war....
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This paper analyzes the contribution of foreign direct investment (FDI) to economic growth in Côte d'Ivoire, for the period 1980-2019. We use the World Development Indicators (World Bank) database. The Autoregressive Distributed Lag (ARDL) cointegration approach results show that, in the short...
Persistent link: https://www.econbiz.de/10014500900
Does physical capital anchor the spatial distribution of economic activity? If so, how does capital destruction affect local economic activity in the short and the long term? I investigate these questions by examining the 1975 frost that damaged coffee trees in the Brazilian state of Paraná. I...
Persistent link: https://www.econbiz.de/10012851372
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
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This study examines the symmetric and asymmetric impact of public debt on economic growth in Côte d'Ivoire using time series data from 1972 to 2021. The analyses were performed using both linear and nonlinear autoregressive distributed lag (ARDL) models. The study also utilised the bounds...
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