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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Cashin, Paul
Muut tekijät: Pattillo, Catherine
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2000.
Sarja:IMF Working Papers; Working Paper ; No. 2000/072
Linkit:Full text available on IMF