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Synchronisation cyclique globale entre les économies subsahariennes et les économies avancées
[Cyclical Synchronization Between Sub-Saharan Economies and Advanced Economies]

Author

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  • Menounga, François Patrick
  • Manga Akoa, Armand

Abstract

The intensification of international trade, reinforced by the interconnection of financial markets and the appearance of common economic shocks are the elements that contribute to explaining the co-movements of advanced and sub-Saharan economies. In this study, it is a question of measuring the global cyclical synchronization of the economies referred to above, over the period going from 1981.T1 to 2021.T1, from the concordance index of Harding and Pagan (2006). Overall, this analysis shows that the level of cyclical synchronization between the economies of sub-saharan and advanced countries is high enough to justify the strong economic dependence between these two groups of countries.

Suggested Citation

  • Menounga, François Patrick & Manga Akoa, Armand, 2023. "Synchronisation cyclique globale entre les économies subsahariennes et les économies avancées [Cyclical Synchronization Between Sub-Saharan Economies and Advanced Economies]," MPRA Paper 117483, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:117483
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    References listed on IDEAS

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    More about this item

    Keywords

    Synchronization; concordance index; economic dependence.;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E39 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Other
    • F15 - International Economics - - Trade - - - Economic Integration
    • F19 - International Economics - - Trade - - - Other

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