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Mali is among the first cotton growers in Africa. Since the early nineties, it has been reforming its cotton sector by … means of different policy measures. In this paper, we estimate the supply elasticity of cotton in order to have a precise …
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To account for currency substitution, most studies today include exchange rate as a determinant of the demand for money, in addition to income and interest rate. This tradition goes back to Robert Mundell who introduced this notion in 1963. In this paper, we demonstrate that the failure to find...
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