Showing 1 - 10 of 75,598
The study analysed the macroeconomic developments in the West African Monetary Zone (WAMZ), focusing on macroeconomic … imbalances for the period 2001-2022. The variables of interest in this study include inflation rate, real Gross Domestic Product … (GDP) growth rate, current account balance, fiscal account balance, lending (interest) rate, and exchange rate. Using the …
Persistent link: https://www.econbiz.de/10015193864
threshold effect of inflation on economic growth in the West African Monetary Zone (WAMZ) predominantly assumes a linear … the inflation-growth nexus. Results reveal an inflation threshold of 10.3 per cent per annum for WAMZ countries, showing …While previous studies have explored the relationship between inflation and economic growth, the existing literature on …
Persistent link: https://www.econbiz.de/10014560179
threshold effect of inflation on economic growth in the West African Monetary Zone (WAMZ) predominantly assumes a linear … the inflation-growth nexus. Results reveal an inflation threshold of 10.3 per cent per annum for WAMZ countries, showing …While previous studies have explored the relationship between inflation and economic growth, the existing literature on …
Persistent link: https://www.econbiz.de/10014287909
threshold effect of inflation on economic growth in the West African Monetary Zone (WAMZ) predominantly assumes a linear … the inflation-growth nexus. Results reveal an inflation threshold of 10.3 per cent per annum for WAMZ countries, showing …While previous studies have explored the relationship between inflation and economic growth, the existing literature on …
Persistent link: https://www.econbiz.de/10014560200
Alors que des études antérieures ont exploré la relation entre l'inflation et la croissance économique, la littérature … existante sur l'effet de seuil de l'inflation sur la croissance économique dans la Zone Monétaire de l'Afrique de l'Ouest (ZMAO … vide dans la littérature empirique en exploitant la variation des taux d'inflation entre les pays et au fil du temps pour …
Persistent link: https://www.econbiz.de/10014427485
We examine the contribution of incremental and radical innovations to total factor productivity (TFP) growth at the … accompanied by informal research. We find that radical innovations are the only significant contributors to TFP growth so that … innovation height matters. We also find evidence that TFP growth is better represented by an upward shift of the production …
Persistent link: https://www.econbiz.de/10005407643
This study provides country-specific empirical evidence on the optimal inflation-growth threshold in the ECOWAS (WAEMU … on the threshold level of inflation. This paper contributes to the policy debate on the inflation-growth nexus by … strongly negative, suggesting adverse effects of high inflation on growth. This finding is consistent with the theoretical …
Persistent link: https://www.econbiz.de/10015209779
This study provides country-specific empirical evidence on the optimal inflation-growth threshold in the WAMZ over the … endogenously determining the individual country inflation threshold for six WAMZ countries. The results from the study show optimal … found statistically insignificant and thus, inconclusive. Also, most of the countries in the WAMZ have inflation in the low …
Persistent link: https://www.econbiz.de/10014560171
This study estimates the rate and distance to convergence of WAMZ Member States and provides a comparative analysis of … nominal and real convergence to evaluate WAMZ's preparedness for monetary integration. We employ monthly data on the consumer … GDP growth rate data from 1980 to 2022 is used to evaluate real convergence among member states. The findings of the study …
Persistent link: https://www.econbiz.de/10015045941
impact of the euro zone debt crisis on merchandise exports as well as on economic growth and poverty reduction efforts in the … region. The results indicate that a one-percentage-point fall of output growth of the euro zone would result in a total …
Persistent link: https://www.econbiz.de/10010890742