Explaining Episodes of Growth Accelerations, Decelerations, and Collapses in Western Africa.
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Author / Creator: | Salinas, Gonzalo. |
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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 |
Varying Form of Title: | IMF Working Papers |
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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 |
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