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Explaining Economic Performance in the Haitian Economy

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  • 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.

Suggested Citation

  • Kathleen Dorsainvil, 2006. "Explaining Economic Performance in the Haitian Economy," Economía Mexicana NUEVA ÉPOCA, CIDE, División de Economía, vol. 0(1), pages 125-145, January-J.
    • Handle: RePEc:emc:ecomex:v:15:y:2006:i:1:p:125-145
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    File URL: http://www.economiamexicana.cide.edu/num_anteriores/XV-1/05_KATHLEEN_DORSAINVIL.pdf
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    References listed on IDEAS

    as
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    5. Hamilton, James D & Perez-Quiros, Gabriel, 1996. "What Do the Leading Indicators Lead?," The Journal of Business, University of Chicago Press, vol. 69(1), pages 27-49, January.
    6. Mr. Alejandro Simone, 2001. "In Search of Coincident and Leading Indicators of Economic Activity in Argentina," IMF Working Papers 2001/030, International Monetary Fund.
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    Keywords

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    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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