January 2017

Causality between economic growth and changes of the real exchange rate in Côte d'Ivoire

This study aims to analyze the relationship between changes in the real effective exchange rate and economic growth in Côte d'Ivoire. The autoregressive distributed lag (ARDL) approach and the Toda-Yamamoto causality test were used. The data cover the period 1980 to 2012. The results conclude the existence of a long-term relationship between economic growth and variation in the real effective exchange rate and...

Author(s): Nahoussé DIABATE