Export Earnings Instability and Economic Growth in Sub-Sahra African Countries

The paper investigates the impact of uncertainty generated by export earnings instability on economic growth. A model that links uncertainty to economic performance is developed, and from the model, the condition under which outward - oriented economic policy contributes positively to economic growth was set. From panel data analysis, it is inferred that to benefit from an outward-oriented economic policy, the stable component of export revenue of the region has to grow annually by at least 7.5% if this condition is not satisfied, the policy acts adversely on economic performance by inducing resource misallocation.


Editor(s):
Tekie, Alemu
Alemayehu, Seyoum
Alemu, Mekonnen
Berhane, Tareke
Getachew, Asgedom
Getachew, Yoseph
Tenkir, Bonger
Issue Date:
2001-01
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/250255
Published in:
Ethiopian Journal of Economics, Volume 07, Number 1
Page range:
59-80
Total Pages:
119
Series Statement:
ETHIOPIAN JOURNAL OF ECONOMICS
Volume VII Number 1; April 1998




 Record created 2017-04-01, last modified 2017-08-29

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