Determinants of Non-oil Growth in the CFA-Zone Oil Producing Countries: How do they Differ?
Non-oil growth in the CFA oil exporting countries has been lackluster despite their great natural resource wealth. In this paper we study the key determinants of non-oil growth and explore to what extent these countries differ from countries with comparable levels of development that do not depend o...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2011
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Schriftenreihe: | IMF Working Papers
Working Paper No. 11/233 |
Online-Zugang: | BSB01 FAN01 FHA01 FKE01 FLA01 FNU01 LCO01 SBG01 SBR01 TUM01 UBA01 UBG01 UBM01 UBR01 UBT01 UBW01 UBY01 UEI01 UER01 UPA01 Volltext |
Zusammenfassung: | Non-oil growth in the CFA oil exporting countries has been lackluster despite their great natural resource wealth. In this paper we study the key determinants of non-oil growth and explore to what extent these countries differ from countries with comparable levels of development that do not depend on nonrenewable resources. Using a panel of 38 countries comprising LICs and CFA zone oil exporters, we find that while real exchange rate appreciation negatively impacted growth in all countries over the period 1985-2008, what distinguishes the oil producers of the CFA zone is the failure of public and private investment to spur non-oil growth |
Beschreibung: | 1 Online-Ressource (20 p) |
ISBN: | 1463921993 9781463921996 |
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spelling | Tabova, Alexandra Verfasser aut Determinants of Non-oil Growth in the CFA-Zone Oil Producing Countries How do they Differ? Tabova, Alexandra Washington, D.C International Monetary Fund 2011 1 Online-Ressource (20 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 11/233 Non-oil growth in the CFA oil exporting countries has been lackluster despite their great natural resource wealth. In this paper we study the key determinants of non-oil growth and explore to what extent these countries differ from countries with comparable levels of development that do not depend on nonrenewable resources. Using a panel of 38 countries comprising LICs and CFA zone oil exporters, we find that while real exchange rate appreciation negatively impacted growth in all countries over the period 1985-2008, what distinguishes the oil producers of the CFA zone is the failure of public and private investment to spur non-oil growth Online-Ausg Baker, Carol Sonstige (DE-588)1035329700 oth http://elibrary.imf.org/view/IMF001/12232-9781463921996/12232-9781463921996/12232-9781463921996.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Tabova, Alexandra Determinants of Non-oil Growth in the CFA-Zone Oil Producing Countries How do they Differ? |
title | Determinants of Non-oil Growth in the CFA-Zone Oil Producing Countries How do they Differ? |
title_auth | Determinants of Non-oil Growth in the CFA-Zone Oil Producing Countries How do they Differ? |
title_exact_search | Determinants of Non-oil Growth in the CFA-Zone Oil Producing Countries How do they Differ? |
title_exact_search_txtP | Determinants of Non-oil Growth in the CFA-Zone Oil Producing Countries How do they Differ? |
title_full | Determinants of Non-oil Growth in the CFA-Zone Oil Producing Countries How do they Differ? Tabova, Alexandra |
title_fullStr | Determinants of Non-oil Growth in the CFA-Zone Oil Producing Countries How do they Differ? Tabova, Alexandra |
title_full_unstemmed | Determinants of Non-oil Growth in the CFA-Zone Oil Producing Countries How do they Differ? Tabova, Alexandra |
title_short | Determinants of Non-oil Growth in the CFA-Zone Oil Producing Countries |
title_sort | determinants of non oil growth in the cfa zone oil producing countries how do they differ |
title_sub | How do they Differ? |
url | http://elibrary.imf.org/view/IMF001/12232-9781463921996/12232-9781463921996/12232-9781463921996.xml |
work_keys_str_mv | AT tabovaalexandra determinantsofnonoilgrowthinthecfazoneoilproducingcountrieshowdotheydiffer AT bakercarol determinantsofnonoilgrowthinthecfazoneoilproducingcountrieshowdotheydiffer |