Le Change: Résultat des Compétitions continentales Africaines. Le cas du CHAN 2021

Kuikeu, Oscar (2021): Le Change: Résultat des Compétitions continentales Africaines. Le cas du CHAN 2021.

Abstract

The well-known « Balassa-Samuelson » effect’s clearly stated that an increasing currency can be benefit in favor of foreign partner as those who pay in foreign owners local goods in general label as « recreative activity » among these sportive competition. Thus is the recent upward trend of dirham against euro can be sign of this plagiarism? In other words, is the Balassa-Samuelson affect’s holds as predictable of sportive competition as the past “CHAN 2021”? These are the main questions we are trying to answer, here. Globally Speaking in accordance to the currency Misalignment there is a Rationale for the assessment of overvaluation episodes on currency trend compare to those of economic performance. In fact this can give rationale to the stylized facts that an sportive competition winning is those that well instruments to reach this goal as for example a suitable accommodation in the local country of the event for the competition.

• Item Type: MPRA Paper
• English Title: Exchange rate: issue of continental African competition. The case of AFCON 2021
• Language: French
• Keywords: exchange rate Balassa-Samuelson effect’s Misalignment
• Subjects: C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C32 - Time-Series Models ; Dynamic Quantile Regressions ; Dynamic Treatment Effect Models ; Diffusion Processes ; State Space Models; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output Convergence

References

Banque mondiale (2013) « Réduire la pauvreté, la vulnérabilité et les risques. Numéro spécial sur les filets de protection sociale », Cahiers Économiques du Cameroun, N°1.

Balassa B. (1964) “The Purchasing Power Parity Doctrine: a Reappraisal”, The Journal of Political Economy, vol. 72, N°6, pp. 584-596.

Barro R. et Becker G.S. (1989) “Fertility Choice in a Model of Economic Growth” Econometrica, 1989, vol. 57, issue 2, pp. 481-501.

Bouoiyour J., Hanchane H., Mouhoud E.M (2009) « Investissement direct étrangers et productivité. Quelles interactions dans le cas des pays du Moyen Orient et d’Afrique du Nord? », Revue économique, vol. 9, N°1, pp. 109-131.

Elbadawi I. (1999) “Can Africa export Manufactures: the Role of endowment, exchange rates and transaction cost”, World Bank Research Publication.

Kuikeu O.V. (2021) « Pertinence de la dévaluation du franc cfa de Janvier 1994: une évaluation par le taux de change réel d’équilibre. Cas de l’économie camerounaise ― Nouveaux Résultats », MPRA _paper 106993, University Library of Munich, Germany.

Kuikeu O.V. (2011) “A New Explanation on Real Exchange Rate Misalignment Effect on Economic Growth: Evidence from Cameroon” (August 29, 2011). Available at SSRN: https://ssrn.com/abstract=1919206 or http://dx.doi.org/10.2139/ssrn.1919206.

Samuelson P.A. (1964) “Theoretical Notes on Trade Problems”, Review of Economics and Statistics, vol. 46, pp. 145-164.