Kuikeu, Oscar (2020): Convergence des politiques fiscales de la CEMAC: une application des tests de la racine unitaire en données de panel.
Preview |
PDF
MPRA_paper_99216.pdf Download (210kB) | Preview |
Abstract
The difficulty to have a common monetary policy and idiosyncratic national fiscal policies, for a monetary area, have been solved in cfa franc zone? This is the main question of this paper. In fact, we test here fiscal policies convergence hypothesis in CEMAC. Globally speaking, we will develop in the one hand an non parametric approach but mainly in the other hand a panel data approach (the panel data unit root tests). The results validate the fiscal policies convergence hypothesis in CEMAC.
Item Type: | MPRA Paper |
---|---|
Original Title: | Convergence des politiques fiscales de la CEMAC: une application des tests de la racine unitaire en données de panel |
English Title: | Fiscal policies Convergence in CEMAC: an application of panel data unit root tests |
Language: | French |
Keywords: | CEMAC, fiscal policy, convergence, non parametric estimation, panel data |
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 E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E62 - Fiscal Policy |
Item ID: | 99216 |
Depositing User: | Oscar KUIKEU |
Date Deposited: | 23 Mar 2020 07:35 |
Last Modified: | 23 Mar 2020 07:35 |
References: | Avom D. (1999) Intégration monétaire préalable ou résultat de l’intégration économique? Le cas des pays membres de la CEMAC (communauté économique et monétaire de l’Afrique centrale). Thèse de Doctorat ès sciences économiques. Université de Lyon 2. Breitung J. (2000) The local power of some unit root tests for panel data. Dans Advanced in econometrics Volume 15: Nonstationary panels, panelcointegration, and dynamic panels sous la direction de Baltagi, B.H., Ed. JAY Press, Amsterdam, pp. 161-178. Im K.S., Pesaran M.H. et Shin Y. (2003) Testing for Unit Roots in Heterogeneous Panels, Journal of Econometrics, 115(1), 53-74. Kuikeu O. (2017) Convergence des niveaux de vie de la Communauté économique et monétaire de l’Afrique centrale (CEMAC): quelle vitesse de convergence?, Revue Africaine de l’intégration et de développement, Vol. 10, 26-48. Levin A., Lin C.-F. et Chu C.S.J. (2002) Unit root tests in panel data: asymptotic and finite-sample properties, Journal of Econometrics, 108(1), 1-24. Pesaran, M.H. (2007) A Simple Panel Unit Root Test in the Presence of Cross-Section Dependence, Journal Applied Econometrics, 22(2), 265-312. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/99216 |