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Incidence des crises financières : une analyse empirique à partir des pays émergents


  • Mohamed Ben Abdallah

    () (TEAM)

  • Kalidou Diallo

    () (TEAM)


The aim of this paper is to evaluate the incidence and the severity of monetary, banking and twins’ crisis on the growth and on the investment in emergent countries on the period of 1974-2000. Using dynamic panel approach, we find that crises, whatever their type, are generally followed by a substantial contraction of the economical activity. More specifically, monetary crises, in contrast to the banking ones, appear to have a more important impact on the economic growth than on the investment. On the other hand, twin crisis seems to have a greater impact than the two first ones. The sensibility analysis shows the robustness of our results.

Suggested Citation

  • Mohamed Ben Abdallah & Kalidou Diallo, 2004. "Incidence des crises financières : une analyse empirique à partir des pays émergents," Cahiers de la Maison des Sciences Economiques bla04071, Université Panthéon-Sorbonne (Paris 1).
  • Handle: RePEc:mse:wpsorb:bla04071

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    References listed on IDEAS

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    Cited by:

    1. Mohamed Ben Abdallah & Zouheir Bouchaddakh, 2013. "Banking and Monetary Crises: Impacts on Exports of MENA Countries," Working Papers 786, Economic Research Forum, revised Oct 2013.

    More about this item


    Financial crises; emerging economies; dynamic panel and economic growth;

    JEL classification:

    • F30 - International Economics - - International Finance - - - General
    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)


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