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Economic growth in Sub-Saharan Africa face to international terms of trade of fluctuation,
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Discipline: Economie
Auteur(s): SOME Irifaar
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Renseignée par : SOME Irifaar
Résumé

The terms of trade to area of internationalization and liberalization of trade cause a lot of interest for Sub-Saharan African countries. This document analyzes the relation between the variability of the terms of trade and the economic growth of Sub-Saharan African countries, with econometric model for 27 countries on panel data of the period 1983-2012. After model specification, the estimation results by the Pooled Mean Group (MCG) estimation show that the terms of trade positively affect growth while the terms of trade variability negatively affects the growth of Sub-Saharan African countries. This result point up the effects of the problem of the terms of trade deterioration evoked since 1950.

Mots-clés

terms of trade, variability, growth, Sub-Saharan African, PMG

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