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cointegration method. The results reveal a significant negative relationship between imports and economic growth, while exports and …
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While the global economic recovery continues, it remains uneven and subject to downside risks. Yet,to the extent that these linger, they could undermine growth further and foster larger macroeconomic imbalances.In fact,one unwanted characteristics that most Sub-saharan African economies share,...
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adopting a particular identification regime which is based on a triangularization of the parameters of the cointegration …
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in many situations. Since cointegration is invariant to temporal aggregation and implies Granger causality this paper …
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