Drivers of Growth is popular PDF and ePub book, written by Mr.Manuk Ghazanchyan in 2013-11-22, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Drivers of Growth can be Read Online from any device for your convenience.
Drivers of Growth Book PDF Summary
This study examines the drivers of growth in Sub-Saharan African countries, using aggregate data, from the past decade. We correlate recent growth experience to key determinants of growth, including private and public investment, government consumption, the exchange regime and real exchange rate, and current account liberalization, using various econometric methodologies, including fixed and random effects models, with cluster-robust standard errors. We find that, depending on the specification, higher private and public investments boost growth. Some evidence is found that government consumption exerts a drag on growth and that more flexible exchange regimes are beneficial to growth. The real exchange rate and liberalization variables are not significant.
Detail Book of Drivers of Growth PDF
- Author : Mr.Manuk Ghazanchyan
- Release : 22 November 2013
- Publisher : International Monetary Fund
- ISBN : 9781475520972
- Genre : Business & Economics
- Total Page : 38 pages
- Language : English
- PDF File Size : 21,5 Mb
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