Effets non linéaires de la persistance des déficits courants sur le cycle économique

Marius Achi ()

African Journal of Frontiers of Economics and Mathematics, 2016, issue 1, 5-19

Abstract: This study used method of the Quantile regression to estimate the non-linear effects of dynamics of the deficits of the accounts of current transactions on the economic cycle. In this method, the regression of parameters is determined around the conditional mean in the quadratic form of the persistence of deficits. Empirical analyzes are thus made on six (06) African countries whom horizon of emergence is fixed over the period of 2005Q1-2014Q4. The results of the individual estimates give rise to recommendations of economic policies discussed according that the effects are either procyclical (Côte d'Ivoire and in Democratic Republic of the Congo) or countercyclical (Benin, Mali, Niger, Republic Sao Tome and Principe and the Democratic Republic of the Congo) for the specific quantile regression results.

Keywords: Current account deficit; Business cycle; Quantile regression (search for similar items in EconPapers)
JEL-codes: C20 E32 E39 F14 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:lrq:journl:y:2016:i:1:p:5-19

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