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Spillovers from the rest of the world into Sub-Saharan African countries /
This paper investigates the impact of a global slowdown on individual African countries using a series of dynamic panel regressions for countries in the region, relating real growth in domestic output to world growth in trade weighted by partner countries and several control variables: oil prices, n...
| Clasificación: | Libro Electrónico |
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| Autores principales: | , |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, DC] :
International Monetary Fund,
2009.
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| Colección: | IMF working paper ;
WP/09/155. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | This paper investigates the impact of a global slowdown on individual African countries using a series of dynamic panel regressions for countries in the region, relating real growth in domestic output to world growth in trade weighted by partner countries and several control variables: oil prices, non-oil prices, financial variables, and country fixed effects. Estimates are then applied to prepare country-specific simulations. The model, which is shown to estimate well out-of-sample spillover effects in the region, shows that countries in the region are significantly affected by lower external. |
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| Descripción Física: | 1 online resource (20 pages) : color illustrations |
| Bibliografía: | Includes bibliographical references (pages 18-19). |