Terms of Trade Shocks in Africa Are They Short-Lived or Long-Lived?

Released on by Catherine A. Pattillo
preview-18

  • Terms of Trade Shocks in Africa Are They Short-Lived or Long-Lived? Book Detail

  • Author : Catherine A. Pattillo
  • Release Date : 2006
  • Publisher :
  • Genre :
  • Pages : 52
  • ISBN 13 :
  • File Size : 88,88 MB
DOWNLOAD BOOK

Terms of Trade Shocks in Africa Are They Short-Lived or Long-Lived? by Catherine A. Pattillo PDF Summary

Book Description: This paper examines the persistence of shocks to the terms of trade, using annual data on 42 Sub-Saharan African countries between 1960-96. We find that the persistence of terms of trade shocks varies widely for about half the countries such shocks are short-lived, while for one-third of the countries such shocks are long-lived. The countries experiencing long-lived terms of trade shocks are typically those that have large shares of petroleum imports in total imports, small shares of nonfuel commodity exports in total exports, and are highly concentrated in exportable commodities with long-lived price shocks.

Disclaimer: www.yourbookbest.com does not own Terms of Trade Shocks in Africa Are They Short-Lived or Long-Lived? books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

The Monetary Geography of Africa

The Monetary Geography of Africa

File Size : 26,26 MB
Total View : 4774 Views
DOWNLOAD

Africa is working toward the goal of creating a common currency that would serve as a symbol of African unity. The advantages of a common currency include lower