Trade shocks and macroeconomic performance in non-UEMOA countries Article Swipe
Kordzo Sedegah
,
Nicholas M. Odhiambo
,
Simplice Asongu
·
YOU?
·
· 2025
· Open Access
·
· DOI: https://doi.org/10.1016/j.tncr.2025.200140
YOU?
·
· 2025
· Open Access
·
· DOI: https://doi.org/10.1016/j.tncr.2025.200140
This present study examines how commodity terms of trade (CTOT) influence economic performance in the proposed West African Monetary Zone (WAMZ) or non-UEMOA countries using data from 2000 to 2021. To make the assessment, PVAR, Granger causality and impulse-response functions analyses are employed. The analyses are tailored such that economic performance is viewed in terms of unemployment, inflation, and real output. The following main findings are established. CTOT negatively affects inflation though the effect is not very significant. CTOT shocks positively and negatively affect real output and unemployment, respectively. Policy implications are discussed.
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Trade shocks and macroeconomic performance in non-UEMOA countriesWork title
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2025Year of publication
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2025-08-21Full publication date if available
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Kordzo Sedegah, Nicholas M. Odhiambo, Simplice AsonguList of authors in order
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https://doi.org/10.1016/j.tncr.2025.200140Publisher landing page
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goldOpen access status per OpenAlex
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https://doi.org/10.1016/j.tncr.2025.200140Direct OA link when available
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