The purpose of this paper is to estimate export demand functions and provide estimates of price and income elasticities for a wide set of countries. Special attention was paid to the impact of the hypothesis...
Recent analyses of agricultural performance in the developing countries question the appropriateness of nonfood (for export) crop promotion as a development strategy by arguing that such a strategy leads...
In the formulation of trade policy, an accurate knowledge of the responses of imports and exports to income, relative price and policy changes is important. Therefore, the specification, econometric estimation...
The Nigerian economy has been in a recession since 1981. In 1986, after four years of economic stagnation and debate on foreign exchange policy, the government instituted an auction system for the determination...
This paper undertakes a statistical analysis of the significance of the contribution of agriculture to economic growth by use of cross section data. The major finding of the paper is that agriculture growth...
The pervasive presence of quantitative restrictions on imports in developing countries makes the prediction of import response following trade liberalization a particularly arduous task. Historically...
This paper develops a medium-term macroeconomic framework for assessing the impact of structural adjustment policies on the economic performance of developing countries. The salient feature of this analytical...
Over the decades of the sixties and seventies, Colombia achieved impressive economic growth. However, since the beginning of this decade, the country's growth has slackened and balance of payments have...
This paper relates the consumer bias towards foreign goods in developing countries to the quality reputation of locally produced goods. It argues that consumers may be perceived to be discriminating if...
This paper investigates import behavior in selected Sub-Saharan countries. Using time series data, estimates are made of disaggregated import elasticities. The results of which suggest systematic patterns...
Divided into five sections, this paper surveys the main issues related to the definition and the empirical computation of an index of the real exchange rate. Section I presents a brief survey of the different...
Providing a framework for evaluating the adequacy of policy measures taken to improve medium-term economic performance ranks high on the agenda for policy research in the development area. This paper explores...
This paper aims at identifying the economic indicators involved in the process of determining the speed of adjustment of actual private investment to notional demand. We test the statistical significance...
The main objective of this paper is to analyze the WDR IV country economic projections and compare them to the historical performance of the sample countries. The analysis focuses on the differences in...