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Explaining Economic Performance in the Haitian Economy

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Author Info
Kathleen Dorsainvil () (Winston-Salem State University)
Abstract

This paper develops a methodology to ascertain the determinants of growth in the Haitian economy. The methodology uses co-integration to identify those variables that can help explain economic activity, measured through GDP. This idea, pioneered by Hamilton and Perez- Quiros (1996), has the advantage of allowing for a smaller data set than the ones used by the National Bureau of Economic Research (NBER). The results of this paper show that external and financial variables can provide Haitian policymakers with a good signaling device of the true performance of the economy. These variables are available before GDP, allowing policymakers to take preemptive measures to improve performance of the economy.

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File URL: http://www.economiamexicana.cide.edu/num_anteriores/XV-1/05_KATHLEEN_DORSAINVIL.pdf
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Publisher Info
Article provided by in its journal Economia Mexicana NUEVA EPOCA.

Volume (Year): XV (2006)
Issue (Month): 1 (January-June)
Pages: 125-145
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Handle: RePEc:emc:ecomex:v:15:y:2006:i:1:p:125-145

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Related research
Keywords: Granger causality; co-integration; economic growth;

Find related papers by JEL classification:
F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Graciela L. Kaminsky & Carmen M. Reinhart, 1996. "The twin crises: the causes of banking and balance-of-payments problems," International Finance Discussion Papers 544, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    Other versions:
  2. Hamilton, James D & Perez-Quiros, Gabriel, 1996. "What Do the Leading Indicators Lead?," Journal of Business, University of Chicago Press, vol. 69(1), pages 27-49, January. [Downloadable!] (restricted)
    Other versions:
  3. Arturo Estrella & Frederic S. Mishkin, 1999. "Predicting U.S. Recessions: Financial Variables as Leading Indicators," NBER Working Papers 5379, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  4. Rand, John & Tarp, Finn, 2002. "Business Cycles in Developing Countries: Are They Different?," World Development, Elsevier, vol. 30(12), pages 2071-2088, December. [Downloadable!] (restricted)
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This page was last updated on 2009-12-5.


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