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Qualitative Analysis of West African Economic and Monetary Union Decades’ Economic Growth

Siriki Coulibaly and Pierre Guei
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Siriki Coulibaly: DEECAF (Destination Économique Afrique), France, Côte d’Ivoire
Pierre Guei: DEECAF (Destination Économique Afrique), France, Côte d’Ivoire

Journal of Economic Statistics, 2023, vol. 1, issue 2, 44-56

Abstract: The study analyses the long growth rate period contribution to human development in West African Economic and Monetary Union (WAEMU) from 1996 to 2019 introducing time and institutional indicators effects analyses. Time and institutional effects both greatly improve model's diagnostics statistics. Time effects reduce growth variable coefficient and its significance, but not institutional effects. Combined effects inhibit growth contribution to human development. It appears essential to increase the resiliency of growth and the efficiency of government institutions.

Keywords: HDI; GDP per capita; Time effects; Institutions effects; WAEMU (search for similar items in EconPapers)
Date: 2023
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