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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Bibliografische gegevens
Hoofdauteur: Cashin, Paul
Andere auteurs: Pattillo, Catherine
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2000.
Reeks:IMF Working Papers; Working Paper ; No. 2000/072
Online toegang:Full text available on IMF