Les pays de l’UEMOA ont adopté, en 1999, un pacte de convergence, de stabilité, de croissance et de solidarité. Le but premier du pacte est d’imposer des contraintes aux politiques budgétaires nationales de manière à préserver la crédibilité et la convertibilité de la monnaie...

L'objectif de ce papier est de faire le point sur l'état de la convergence nominale dans l'Union Economique et Monétaire Ouest Africaine (UEMOA). En 1999, les huit pays constitutifs de cette union ont fait vœu d'harmoniser leur politique budgétaire de manière à compléter la gestion...

The paper investigates the importance of spatial dependences on Foreign Direct Investment (FDI) localization across Chinese provinces over the 1992-2009. Based on exploratory spatial data analysis, spatial sigma-convergence and spatial Durbin specifications, we present a much clearer picture of...

This study aims at investigating the spatial dimension of the FDI. Considering the distribution of FDI between the provinces, our purpose is the spatial dependency that may be observed. Using data for 1992-2002, we find that taking into account the regional specification induces significant FDI...

This study investigates the effects of spatial autocorrelation on banking credit distribution in West African Economic and Monetary Union. We used spatial panel fixed effect techniques to make sure that the regional effects highlighted are independent of potential heterogeneity or effects of...

This article examines the influence of Policy Mix coherence in Economic Community of West African States (ECOWAS). The paper innovates in two ways. First, through an interaction between the monetary conditions index and the primary structural fiscal balance, we highlight coherence-type...

This paper explores the technology-discriminating role of export market participation. Exports are found to enhance firm's productivity, mainly due to the self-selection of more productive firms into export markets and/or the role of learning-by-exporting, suggesting that the underlying...

This paper analyzes the impact of capital inflows and the exchange rate regime on the real effective exchange rate. A wide range of developing countries (42 countries) is considered with estimation based on panel cointegration techniques. The results show that both public and private inflows...

The purpose of this paper is to examine Total Factor Productivity (TFP) of six Tunisian manufacturing sectors and to compare these productivities with those of OECD countries. The analysis covers the period 1983-1999. First, TFP is measured and some of the main economic and financial...

The African industrial structure is characterised by a strong firm-size heterogeneity with a co-existence of small if not micro-enterprises of the informal sector and large formal organisations operating with a modern technology. In this paper, we investigate the technical efficiency of Ivorian...