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Explaining Episodes of Growth Accelerations, Decelerations, and Collapses in Western Africa

Explaining Episodes of Growth Accelerations, Decelerations, and Collapses in Western Africa »

Source: Explaining Episodes of Growth Accelerations, Decelerations, and Collapses in Western Africa

Volume/Issue: 2008/287

Series: IMF Working Papers

Author(s): Gonzalo Salinas , and Patrick Imam

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2008

ISBN: 9781451871456

Keywords: Growth, Acceleration, Deceleration, Africa, terms of trade, economic liberalization, inflation, external shocks, world demand, Volatility spillovers

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-Sahar...

Explaining Episodes of Growth Accelerations, Decelerations, and Collapses in Western Africa

Explaining Episodes of Growth Accelerations, Decelerations, and Collapses in Western Africa »

Volume/Issue: 2008/287

Series: IMF Working Papers

Author(s): Gonzalo Salinas , and Patrick Imam

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2008

DOI: http://dx.doi.org/10.5089/9781451871456.001

ISBN: 9781451871456

Keywords: Growth, Acceleration, Deceleration, Africa, terms of trade, economic liberalization, inflation, external shocks, world demand, Volatility spillovers

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-Sahar...