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Diversification économique en Afrique centrale : Etats des lieux et enseignements
[Economic diversification in central Africa]

Author

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  • KAMGNA, Severin Yves

Abstract

The CEMAC’s countries are characterized by a weak diversification of their products and exports. Their economic performances are thus dependent of the activities of vulnerable sectors, and in general of the production of one or some raw materials. In fact, in spite of the growth of the weight of the exports of goods in the wealth creation during the period 1987 - 2006, with as corollary an accentuation of the openness, the exported products are stayed quasi-identical on the whole period. Besides, it is evident from the macro-econometrics modelling that the most explanatory factors of the diversification are i) the budgetary balance (macroeconomic variable), ii) the degree of commercial openness (political variable), and iii) the rate of investment (physical variable). These results show that all these variables are rather likely to encourage the concentration.

Suggested Citation

  • KAMGNA, Severin Yves, 2007. "Diversification économique en Afrique centrale : Etats des lieux et enseignements [Economic diversification in central Africa]," MPRA Paper 9602, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:9602
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    File URL: https://mpra.ub.uni-muenchen.de/9602/1/MPRA_paper_9602.pdf
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    References listed on IDEAS

    as
    1. Gabriel Srour, 2006. "The Implications of Trade Barriers for Sectoral Diversification and Macroeconomic Stability in Developing Economies," IMF Working Papers 2006/050, International Monetary Fund.
    2. Mr. A. Salehizadeh & Mr. Peter Berezin & Mr. Elcior Santana, 2002. "The Challenge of Diversification in the Caribbean," IMF Working Papers 2002/196, International Monetary Fund.
    3. Mr. Rodney Ramcharan, 2006. "Does Economic Diversification Lead to Financial Development? Evidence From topography," IMF Working Papers 2006/035, International Monetary Fund.
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    Cited by:

    1. Niass, Dieynaba, 2022. "Does Natural Resources Endowment Affect Export Diversification In Africa? A Cross-Country Analysis," Conference papers 333416, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    2. Moussir, Charaf-Eddine & Tabit, Safaa, 2016. "Diversification des exportations et transformation structurelle au Maroc: Quel rôle pour les IDE ? [Export Diversification and Structural Transformation in Morocco: What Role for FDI?]," MPRA Paper 76582, University Library of Munich, Germany.

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    More about this item

    Keywords

    Diversification; concentration; CEMAC;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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