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Economic openness, trade restrictions and external shocks: modelling short run effects in Sub-Saharan Africa

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  • Rattso, Jorn
  • Torvik, Ragnar

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Bibliographic Info

Article provided by Elsevier in its journal Economic Modelling.

Volume (Year): 15 (1998)
Issue (Month): 2 (April)
Pages: 257-286

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Handle: RePEc:eee:ecmode:v:15:y:1998:i:2:p:257-286

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Web page: http://www.elsevier.com/locate/inca/30411

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References

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  1. Devaragan, Shantayanan & Lewis, Jeffrey D. & Robinson, Sherman, 1990. "Policy lessons from trade-focused, two-sector models," Journal of Policy Modeling, Elsevier, vol. 12(4), pages 625-657.
  2. Jørn Rattsø, 1994. "Devaluation and monetary policy with import compression," Open Economies Review, Springer, vol. 5(2), pages 159-175, March.
  3. Corden, W Max & Neary, J Peter, 1982. "Booming Sector and De-Industrialisation in a Small Open Economy," Economic Journal, Royal Economic Society, vol. 92(368), pages 825-48, December.
  4. Morande, Felipe & Schmidt-Hebbel, Klaus, 1991. "Macroeconomics of public sector deficits : the case of Zimbabwe," Policy Research Working Paper Series 688, The World Bank.
  5. Hardouvelis, Gikas A., 1987. "Optimal wage indexation and monetary policy in an economy with imported raw materials," Journal of International Money and Finance, Elsevier, vol. 6(4), pages 419-432, December.
  6. Dornbusch, Rudiger, 1989. " Real Exchange Rates and Macroeconomics: A Selective Survey," Scandinavian Journal of Economics, Wiley Blackwell, vol. 91(2), pages 401-32.
  7. Ragnar Torvik, 1997. "Real exchange rate dynamics and trade liberalization: the case of multiple tariffs and unemployment," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 6(3), pages 329-344.
  8. Rattso, Jorn, 1994. "Medium-run adjustment under import compression: Macroeconomic analysis relevant for sub-Saharan Africa," Journal of Development Economics, Elsevier, vol. 45(1), pages 35-54, October.
  9. Wheeler, David, 1984. "Sources of stagnation in sub-Saharan Africa," World Development, Elsevier, vol. 12(1), pages 1-23, January.
  10. Rattso, Jorn & Torvik, Ragnar, 1998. "Zimbabwean Trade Liberalisation: Ex Post Evaluation," Cambridge Journal of Economics, Oxford University Press, vol. 22(3), pages 325-46, May.
  11. Bevan, D.L. & Collier, P. & Gunning, J.W., 1990. "Temporary Trade Shocks And Dynamic Adjustment," Economics Series Working Papers 9993, University of Oxford, Department of Economics.
  12. Balassa, Bela, 1983. "Policy responses to external shocks in sub-Saharan African countries," Journal of Policy Modeling, Elsevier, vol. 5(1), pages 75-105, March.
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Cited by:
  1. Barbara M Roberts & Jeffery I Round, . "Import Demand Specification in Computable General Equilibrium Models of Economies in Transition," Discussion Papers in European Economics 99/4, Department of Economics, University of Leicester.
  2. Mehlum, Halvor, 2002. "Zimbabwe: Investments, credibility and the dynamics following trade liberalization: on the investment response during trade reform," Economic Modelling, Elsevier, vol. 19(4), pages 565-584, August.
  3. Hildegunn Ekroll Stokke, 2006. "Resource Boom, Productivity Growth and Real Exchange Rate Dynamics - A dynamic general equilibrium analysis of South Africa," Working Paper Series 7206, Department of Economics, Norwegian University of Science and Technology.
  4. Torvik, Ragnar, 2001. "Learning by doing and the Dutch disease," European Economic Review, Elsevier, vol. 45(2), pages 285-306, February.

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