Agricultural commodity price shocks and their effect on growth in sub-Saharan Africa

Research, Preprint English OPEN
Addison, Tony; Ghoshray, Atanu;
(2014)
  • Publisher: Helsinki: The United Nations University World Institute for Development Economics Research (UNU-WIDER)
  • Subject: aid flows | E30 | F40 | commodity prices | external shocks | economic growth | price shocks | Commodity Prices, External Shocks, Price Shocks, Economic Growth, Demand and Price Analysis, International Relations/Trade, E30, F40, O11, | O11
    • ddc: ddc:330

Commodity price shocks are an important type of external shock and are often cited as a problem for economic growth in sub-Saharan Africa. This paper quantifies the impact of agricultural commodity price shocks using a near vector autoregressive model. The novel aspect ... View more
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