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Inégalités des revenus,endettement et pauvreté dans les pays de l’uemoa : une approche sur données de panel dynamique
[Income inequalities, debt, and poverty in WAEMU Countries : A Dynamic Panel Data Approach]

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  • Gakpa, Lewis Landry

Abstract

The objective of this paper is to analyze the impact of income inequalities on external debt on the one hand and the influence of external debt on poverty on the other hand. The study relates to a sample made up of seven WAEMU countries between 1984 and 2005. The empirical verification starting from data of dynamic panel shows overall significant results. Indeed, these results affirm firstly that the income inequalities favours the increase of external debt and secondly, the presence of external debt increases poverty in WAEMU countries.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 41896.

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Date of creation: 12 Oct 2012
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Handle: RePEc:pra:mprapa:41896

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Keywords: Income inequalities ; External debt ; Poverty ; Dynamic panel ; WAEMU;

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  1. Paul R. Krugman, 1988. "Financing vs. Forgiving a Debt Overhang," NBER Working Papers 2486, National Bureau of Economic Research, Inc.
  2. Warner, Andrew M, 1992. "Did the Debt Crisis Cause the Investment Crisis?," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 107(4), pages 1161-86, November.
  3. Blundell, R. & Bond, S., 1995. "Initial Conditions and Moment Restrictions in Dynamic Panel Data Models," Economics Papers 104, Economics Group, Nuffield College, University of Oxford.
  4. Youssouf Kiendrebeogo, 2010. "Développement financier et pauvreté dans l'UEMOA," Documents de travail, Groupe d'Economie du Développement de l'Université Montesquieu Bordeaux IV 155, Groupe d'Economie du Développement de l'Université Montesquieu Bordeaux IV.
  5. Robert J. Barro, 1988. "The Ricardian Approach to Budget Deficits," NBER Working Papers 2685, National Bureau of Economic Research, Inc.
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