Effets de la participation aux chaînes de valeur mondiale sur l'élasticités-prix des exportations dans les pays de la zone franc CFA

• Autorzy: Akilou Amadou
• Języki publikacji: FR

Abstrakty

Ces dernières années, le commerce international est caractérisé la fragmentation et l'interconnexion des processus de production à travers le monde. Dans ce contexte, la relation entre les taux de change et le volume des exportations pourrait être modifiée. C'est pourquoi dans cet article, nous analysons l'incidence de la participation aux chaînes de valeur mondiales (CVM) sur la sensibilité des exportations aux taux de change effectifs réels (TCER) dans les pays de la zone franc CFA. Les résultats obtenus à l'aide d'un modèle de données de panel indiquent que les exportations de ces pays ne sont plus sensibles aux TCER lorsqu'on prend en compte leur participation aux CVM. Ces résultats peuvent s'expliquer par la structure des exportations de ces pays dominés par les produits de base. Par ailleurs, ils suggèrent également que les politiques visant à améliorer la compétitivité extérieure des pays de la zone franc CFA doivent aussi intégrer la participation et le positionnement de ces pays dans les CVM.(abstrakt oryginalny)

EN

In recent years, international trade has been characterized by the fragmentation and interconnection of production processes around the world. In this context, the relationship between exchange rates and the volume of exports could be changed. That is why in this paper we analyze the effect of participation to the global value chains (GVC) on the sensitivity of exports to real effective exchange rates (REER) in the CFA franc zone countries. The results obtained using a panel data model indicate that exports of these countries are no longer sensitive to REERs when their participation in GVCs is considered. These results can be explained by the export structure of these countries dominated by commodities. In addition, they suggest that policies to improve the external competitiveness of CFA franc zone countries must also integrate the participation and positioning of these countries in GVCs. (original abstract)

Słowa kluczowe

EN

Chartered Financial Analyst (CFA); Exchange rates; Currencies; Export; Value chain

PL

Licencjonowany analityk finansowy; Kurs walutowy; Waluta; Eksport; Łańcuch wartości

• 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 1
• Strony: 347--364

Twórcy

autor

Akilou Amadou

• Université de Lomé, Togo

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