Exchange Rate Regimes and Revenue Performance in Sub-Saharan Africa
C S Adam, D L Bevan and G Chambas
Authors registered in the RePEc Author Service: David L. Bevan () and
Christopher Adam ()
QEH Working Papers from Queen Elizabeth House, University of Oxford
It has been argued that the institutions of the CFA Franc zone may have reduced inflation but that they also induced misalignment of the real exchange rate and that this is the explanation for their dismal revenue performance. This paper uses a panel of 22 countries in sub-Saharan Africa to estimate revenue performance over the period from 1980 to 1996. It finds that the poor cumulative relative revenue performance of the franc zone countries is mainly attributable to differences in environmental and structural factors, and to their different responses to changes in the equilibrium real exchange rate, but that the misalignment of the real exchange rate also played a part.
New Economics Papers: this item is included in nep-ifn
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Our link check indicates that this URL is bad, the error code is: 404 Not Found
Journal Article: Exchange rate regimes and revenue performance in Sub-Saharan Africa (2001)
Working Paper: Exchange Rate Regimes and Revenue Performance in Sub-Saharan Africa (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:qeh:qehwps:qehwps35
Access Statistics for this paper
More papers in QEH Working Papers from Queen Elizabeth House, University of Oxford Queen Elizabeth House 3 Mansfield Road, Oxford, OX1 3TB United Kingdom. Contact information at EDIRC.
Series data maintained by IT Support ().