The Growth Effects on Degrowth: What Remains of The Center-Periphery Model?

Fakhri Issaoui (), Talel Boufateh, Hanène Ben Ouada Jamoussi () and Mourad Guesmi ()
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Fakhri Issaoui: ESEN, Université de la Manouba, Manouba, Tunisia
Hanène Ben Ouada Jamoussi: ESC de Tunis, Université de la Manouba, Manouba, Tunisia
Mourad Guesmi: FSEG de Jendouba, Université de Jendouba, Tunisia
Authors registered in the RePEc Author Service: Hanene Ben Ouada Jamoussi () and hanene Ben OUADA JAMOUSSI

Economic Research Guardian, 2014, vol. 4, issue 1, 33-57

Abstract: Although economic growth is considered to be one of the most discussed and studied topics by economists, some questions are hitherto unexplored. In this article we will try to address one of these issues by studying the effect of hegemonic countries’ growth shocks on the growth of peripheral countries. By using a SVEC model, we have shown that although peripheral countries’ integration into trade relations with center countries may allow short and medium-term growth, it prevents them from confirming their long-term economic independence.

Keywords: Growth; Degrowth; Center-Periphery; Development; SVEC model (search for similar items in EconPapers)
JEL-codes: F15 O1 O11 (search for similar items in EconPapers)
Date: 2014
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Related works:
Working Paper: The growth effects on degrowth: what remains of the center-periphery model? (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:wei:journl:v:4:y:2014:i:1:p:33-57

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