September 2010
The real exchange rate and growth in Malawi: Exploring the transmission route
This study focuses on the impact of real exchange rate on savings rate and economic growth. It further explores the savings transmission mechanism through which such a link can take place in the country. The results show that real effective exchange rate (REER) volatility has adverse effects on economic performance. Contextually, an appreciated REER is significantly and positively correlated with economic growth,...
September 2010
Economic efficiency analysis in Côte d’Ivoire
This study investigates the determinant factors of economic efficiency in Cote d’Ivoire. We estimated a stochastic production frontier by the maximum likelihood method. For a deeper analysis, we considered a cost frontier and compared the scores of efficiency for each industrial sector. The findings of an investigation of about 3,000 firms observed from 2003 - 2006 reveal that the Ivorian economy is not...
September 2010
Measuring agricultural productivity growth in developing Eight
In this paper the agricultural productivity growth in D-8 from 1993 - 2007 is examined using the Data Envelopment Analysis (DEA). The study focuses on growth in total factor productivity and its decomposition in to technical and efficiency change components. It was found that, during that period, total factor productivity has experienced a positive evolution in D- 8. Decomposition of TFP shows that technical change is...
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