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

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Bibliographic Details
Author / Creator:Salinas, Gonzalo.
Imprint:Washington : International Monetary Fund, 2008.
©2008
Description:1 online resource (46 pages).
Language:English
Series:IMF Working Papers, 2227-8885
IMF Working Papers.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12506655
Hidden Bibliographic Details
Varying Form of Title:IMF Working Papers
Other authors / contributors:Imam, Patrick A.
ISBN:1451915829
9781451915822
9781451871456
1451871457
Notes:Print version record.
Summary: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 our analysis on episodes of growth turnarounds (identifying growth accelerations, decelerations, and collapses) and use only West African countries in our sample. The driving force of growth turnarounds are estimated by analyzing external shocks, political and institutional changes, economic reforms, and.
Standard no.:10.5089/9781451915822.001