The effect of world income on the economic performance of African countries

Simple item page
buir.contributor.authorBerument, Hakan
dc.citation.epage194en_US
dc.citation.issueNumber4en_US
dc.citation.spage183en_US
dc.citation.volumeNumber1en_US
dc.contributor.authorBerument, Hakanen_US
dc.contributor.authorCeylan, N. B.en_US
dc.contributor.authorVural, B.en_US
dc.date.accessioned2019-02-13T23:00:11Z
dc.date.available2019-02-13T23:00:11Z
dc.date.issued2007en_US
dc.departmentDepartment of Economicsen_US
dc.description.abstractThis paper examines how the output growths of 37 African countries’ are affected by the output growth of the world. The connection between the world output growth and that of each African country is represented by a block recursive VAR model allowing that world output growth affects each African countries’ output but not vice versa. The response of each African country’s output growth is analyzed when one standard deviation shock is given to the world’s output growth. Our results indicate that in 6 of the 37 countries, there exists a statistically significant and permanent effect for four periods (years), and the effect is positive for 5 of them. The statistically significant effect of the shock is observed starting from the first period for 16 countries, of which the effect is positive in 13. The initial (contemporaneous) effect of the shock can be observed in the output growths of 13 African countries of which the effect is positive in 9. For the output growths of 9 countries, a statistically significant effect could not be observed.en_US
dc.description.provenanceSubmitted by Zeynep Aykut (zeynepay@bilkent.edu.tr) on 2019-02-13T23:00:11Z No. of bitstreams: 1 The_effects_of_world_income_on_economic_performance_of_African_countries.pdf: 67333 bytes, checksum: 141179550aa80d02f08e1dd67e4d922e (MD5)en
dc.description.provenanceMade available in DSpace on 2019-02-13T23:00:11Z (GMT). No. of bitstreams: 1 The_effects_of_world_income_on_economic_performance_of_African_countries.pdf: 67333 bytes, checksum: 141179550aa80d02f08e1dd67e4d922e (MD5) Previous issue date: 2007en
dc.identifier.eissn1307-1637
dc.identifier.urihttp://hdl.handle.net/11693/49493
dc.language.isoEnglishen_US
dc.publisherInternational Economic Societyen_US
dc.source.titleInternational Journal of Economic Perspectivesen_US
dc.subjectEconomic growthen_US
dc.subjectGlobalizationen_US
dc.subjectDeveloping economiesen_US
dc.titleThe effect of world income on the economic performance of African countriesen_US
dc.typeArticleen_US

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
The_effects_of_world_income_on_economic_performance_of_African_countries.pdf
Size:
65.75 KB
Format:
Adobe Portable Document Format
Description:
Full printable version
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

Scholarly Publications - Economics