Terms of Trade Shocks in Africa : Are they Short-Lived or Long-Lived? /
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 countri...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2000.
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| Series: | IMF Working Papers; Working Paper ;
No. 2000/072 |
| Online Access: | Full text available on IMF |