Trade shocks and labour market resilience in Sub-Saharan Africa: Does the franc zone response differently?

Tii Nchofoung

International Economics, 2022, vol. 169, issue C, 161-174

Abstract: This paper aims to evaluate the impact of commodity terms of trade (CTOT) shocks on the labour market resilience of Sub-Saharan Africa (SSA) countries, comparing the franc zone countries on the one hand, from the non-franc zone countries on the other hand. The results from the PVAR estimation indicate a positive impact of commodity terms of trade shocks on labour market resilience in SSA countries. This finding holds in both the franc zone and the non-franc zone countries. When robustness is checked through the PSTR, this positive relationship is established to be non-linear. The policy implications of the study invite the policy makers to diversify their economies to limit their heavy reliance on commodities.

Keywords: Commodity terms of trade; Resilience; Franc zone; PVAR; PSTR (search for similar items in EconPapers)
JEL-codes: C23 F14 F16 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S2110701722000014
Full text for ScienceDirect subscribers only

Related works:
Journal Article: Trade shocks and labour market resilience in Sub-Saharan Africa: Does the franc zone response differently? (2022)
Working Paper: Trade shocks and labour market Resilience in Sub-Saharan Africa: Does the franc zone Response Differently? (2022)
Working Paper: Trade shocks and labour market Resilience in Sub-Saharan Africa: Does the franc zone Response Differently? (2022)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:inteco:v:169:y:2022:i:c:p:161-174

DOI: 10.1016/j.inteco.2022.01.001

Access Statistics for this article

International Economics is currently edited by Valerie Mignon and Marcelo Olarreaga

More articles in International Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().