Union monétaire en Afrique de l’Ouest : une analyse des chocs macroéconomiques

The objective of this research is to identify the factors that promote successful fiscal transition in West Africa. Panel data from 13 ECOWAS countries were used over the period 1990-2016. We first estimated a non-linear probability probit model before using a dynamic panel estimated by the method o...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Yago, Ahmed Racine, Ndiaye, Cheikh Tidiane
Format: Article ou chapitre numérique
Sprache:Français
Veröffentlicht: 2025
Online Zugang:Accès Université d'Orléans et IFPM
Accès Université d'Orléans et IFPM
Beschreibung
Zusammenfassung:The objective of this research is to identify the factors that promote successful fiscal transition in West Africa. Panel data from 13 ECOWAS countries were used over the period 1990-2016. We first estimated a non-linear probability probit model before using a dynamic panel estimated by the method of generalized moments in system. The results reveal that the main determinants of the fiscal transition are variables that capture the economic structure of countries, the benefit from natural resources, the control of corruption, the quality of public service and political stability. Inflation negatively affects the fiscal transition.