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Comovement between Africa and advanced economies, 1980-2011

Author

Listed:
  • Alain Kabundi
  • Carike Claassen
  • Elsabé Loots

Abstract

This paper addresses that gap by analyzing business cycle comovement between Sub-Saharan Africa (SSA) and the G7 group of advanced economies using dynamic factor analysis covering the period 1980 to 2011 Given that SSA is so diverse, African countries are grouped together in different categories, namely, middle-income economies, low-income economies, fragile states, and oil exporters. […]

Suggested Citation

  • Alain Kabundi & Carike Claassen & Elsabé Loots, 2016. "Comovement between Africa and advanced economies, 1980-2011," Working Papers 69, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:69
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    Keywords

    Africa; Business Cycle; Financial Markets; Sub-Saharan Africa;
    All these keywords.

    JEL classification:

    • N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
    • N17 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Africa; Oceania

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