0000000000433383
AUTHOR
Abdou-aziz Niang
Les effets d’une contrainte de crédit sur la convergence économique : le cas des pays de L’UEMOA
L’objectif de cette etude est d’analyser les effets d’une faiblesse du systeme financier sur la convergence des pays de l’UEMOA vers la frontiere de croissance mondiale. A cet effet, nous avons utilise un modele de croissance Schumpeterien avec transfert de technologie developpe par Aghion et al. (Quarterly Journal of Economics 120(1):173–222, 2005). Ceci nous a permis de mettre l’accent sur le fait qu’une contrainte de credit empeche ces pays de profiter pleinement du transfert de technologie et les pousse a s’ecarter de la frontiere de croissance en ralentissant considerablement leurs vitesses de convergence. Nos resultats ont egalement montre qu’il existe un niveau critique de credit pri…
On international spillovers
Abstract This study investigates the role of international spillovers in generating productivity gains for a panel of 24 OECD countries during the period between 1971 and 2004. We use recent techniques developed in a common factor framework to characterize the global interdependence implied by international spillovers and the diffusion mechanisms involved. Consistently with some recent studies in this field, the evidence suggests that there are substantial cross-country spillovers mainly related to R&D and human capital variables, which contribute significantly to productivity.
Growth and convergence in Africa: The impact of spatial effects
The aim of this paper is to study the impact of spatial effects on convergence process in Africa over the period 1975-2000. Taking into account these effects through the methodology of Exploratory Spatial Data Analysis (ESDA) and spatial econometrics, we focus on the geographical dimension of economic convergence of African countries. This allows us to deal with spatial autocorrelation which is a consequence of econometric interdependences due to geographic spillovers. Indeed, countries economic performance hides specific geographical patterns providing information on the importance of location on economic dynamics. Our results prove the existence of convergence process in Africa through a …
Les effets d'une contrainte de crédit sur la convergence économique : le cas des pays de l'UEMOA
National audience
Contrainte de crédit et convergence vers la frontière technologique: Qu'en est-il des pays de la Zone CFA ?
EnglishThis work aims to study the effects of credit-market imperfection on the convergence of the cfa zone to the frontier growth rate. It focuses on the fact that a less efficient credit market is a constraint that prevents these countries to benefit from technology transfer and causes them to deviate from the frontier of growth. The empirical approach based on generalized method of moments (gmm) in dynamic panel shows that a low level of financial development significantly slow the rate of convergence of these countries. francaisCe travail a pour objectif d’etudier les effets de l’imperfection du marche du credit sur la convergence des pays de la communaute financiere africaine (cfa) ver…