Intégration économique et synchronisation des cycles de croissance dans la zone UEMOA : Une approche en panel dynamique

• Autorzy: Cheikh Tidiane Ndiaye , Idossou Marius Adom , Papa Daouda Amad Diene

Warianty tytułu

Economic Integration and Synchronization of Growth Cycles in the WAEMU ZONE : A Dynamic Panel Approach

• Języki publikacji: FR

Abstrakty

L ' objectif de cet article est de savoir de quelle manière évolue le degré de synchronisation des cycles de croissance réelle dans l ' UEMOA et dans quelles mesures l ' intégration économique impacte-t-elle cette synchronisation. Pour répondre à ces questions nous avons proposé une nouvelle approche de mesure du degré de synchronisation multilatérale des cycles économiques, et nous avons estimé un modèle de type panel dynamique par la méthode des moments généralisés conditionnels en deux étapes proposés par Arellano et Bond (1991), Bover et Blundell (1998). Nos analyses ont montré que les interrelations entre les économies de l ' UEMOA en termes d ' échanges commerciaux sont très limitées. Néanmoins, la synchronisation bilatérale de cycles, bien que faible, évolue depuis 2006. D ' après nos estimations, en somme, nous pouvons dire que les résultats obtenus suggèrent que les déterminants clés de la synchronisation des cycles de croissance économique dans l ' UEMOA sont le degré de la synchronisation de la période antérieure, les différences(abstrakt oryginalny)

EN

The purpose of this article is to find out how the degree of synchronization of real growth cycles in WAEMU is changing and to what extent does economic integration impact this synchronization. To answer these questions we introduced a new measurement approach and a dynamic panel type modeling estimated by the two-step conditional generalized moments method proposed by Arellano and Bond (1991) ; Bover and Blundell (1998). Our empirical analyzes have shown that the interrelationships between the UEMOA economies in terms of trade are very limited. Nevertheless, the bilateral synchronization of cycles, although weak, evolves since 2006. According to our empirical investigations, in sum, we can say that the results obtained suggest that the key determinants of the synchronization of the economic growth cycles in the UEMOA are the synchronization of the previous period, differences in production patterns, differences in inflation, and common external shocks.(original abstract)

Słowa kluczowe

EN

Economic integration; Economic integration of enterprises; Generalized method of moments (GMM); Panel studies

PL

Integracja gospodarcza; Integracja gospodarcza przedsiębiorstw; Uogólniona metoda momentów; Badania panelowe

• Czasopismo: Revue Internationale des Economistes de Langue Française : revue de l'Association Internationale de Economistes de Langue Française avec la collaboration Université des Sciences Economiques et de Gestion
• Rocznik: 2019
• Tom: 4
• Numer: nr 2
• Strony: 177--199

Twórcy

autor

Cheikh Tidiane Ndiaye

• Université Gaston Berger, Senegal

autor

Idossou Marius Adom

• ENSAE, Senegal

autor

Papa Daouda Amad Diene

• ENSAE, Senegal

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