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Author Drummond, Paulo Flavio Nacif, 1966-

Title Spillovers from the rest of the world into Sub-Saharan African countries / Prepared by Paulo Flavio Nacif Drummond and Gustavo Ramirez
Published [Washington, DC] : International monetary fund, African Department, 2009
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Description 1 online resource
Series IMF working paper ; WP/09/155
IMF working paper ; WP/09/155
Summary 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
Notes "July 2009."
Bibliography Includes bibliographical references
Notes Online (ebrary)
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL
digitized 2011 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Bank loans -- Africa, Sub-Saharan -- Econometric models.
Capital stock -- Africa, Sub-Saharan -- Econometric models.
International economic integration.
Stocks -- Prices -- Africa, Sub-Saharan -- Econometric models.
Africa South of the Sahara -- Economic conditions.
Form Electronic book
Author Ramírez, Gustavo.
ebrary, Inc.
International Monetary Fund. African Department.
ISBN 9781451917307
Other Titles Ebrary Academic Complete International Subscription Collection