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Economic openness, trade restrictions and external shocks: modelling short run effects in Sub-Saharan Africa

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  • Rattso, Jorn
  • Torvik, Ragnar

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  • Rattso, Jorn & Torvik, Ragnar, 1998. "Economic openness, trade restrictions and external shocks: modelling short run effects in Sub-Saharan Africa," Economic Modelling, Elsevier, vol. 15(2), pages 257-286, April.
    • Handle: RePEc:eee:ecmode:v:15:y:1998:i:2:p:257-286
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    1. Balassa, Bela, 1983. "Policy responses to external shocks in sub-Saharan African countries," Journal of Policy Modeling, Elsevier, vol. 5(1), pages 75-105, March.
    2. Rattso, Jorn & Torvik, Ragnar, 1998. "Zimbabwean Trade Liberalisation: Ex Post Evaluation," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 22(3), pages 325-346, May.
    3. Dailami, Mansoor & Walton, Michael, 1989. "Private investment, government policy, and foreign capital in Zimbabwe," Policy Research Working Paper Series 248, The World Bank.
    4. Ragnar Torvik, 1997. "Real exchange rate dynamics and trade liberalization: the case of multiple tariffs and unemployment," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 6(3), pages 329-344.
    5. Devaragan, Shantayanan & Lewis, Jeffrey D. & Robinson, Sherman, 1990. "Policy lessons from trade-focused, two-sector models," Journal of Policy Modeling, Elsevier, vol. 12(4), pages 625-657.
    6. Bevan, D.L. & Collier, P. & Gunning, J.W., 1990. "Temporary Trade Shocks And Dynamic Adjustment," Economics Series Working Papers 9993, University of Oxford, Department of Economics.
    7. repec:bla:scandj:v:91:y:1989:i:2:p:401-32 is not listed on IDEAS
    8. Devarajan, Shantayanan & Lewis, Jeffrey & Robinson, Sherman, 1990. "Policy Lessons from Two-Sector Models," CUDARE Working Papers 198566, University of California, Berkeley, Department of Agricultural and Resource Economics.
    9. Morande, Felipe & Schmidt-Hebbel, Klaus, 1991. "Macroeconomics of public sector deficits : the case of Zimbabwe," Policy Research Working Paper Series 688, The World Bank.
    10. Rattso, Jorn, 1994. "Medium-run adjustment under import compression: Macroeconomic analysis relevant for sub-Saharan Africa," Journal of Development Economics, Elsevier, vol. 45(1), pages 35-54, October.
    11. Wheeler, David, 1984. "Sources of stagnation in sub-Saharan Africa," World Development, Elsevier, vol. 12(1), pages 1-23, January.
    12. Corden, W Max & Neary, J Peter, 1982. "Booming Sector and De-Industrialisation in a Small Open Economy," Economic Journal, Royal Economic Society, vol. 92(368), pages 825-848, December.
    13. J. Peter Neary, 1993. "External shocks, policy response and economic performance," Working Papers 199328, School of Economics, University College Dublin.
    14. Jørn Rattsø, 1994. "Devaluation and monetary policy with import compression," Open Economies Review, Springer, vol. 5(2), pages 159-175, March.
    15. Hardouvelis, Gikas A., 1987. "Optimal wage indexation and monetary policy in an economy with imported raw materials," Journal of International Money and Finance, Elsevier, vol. 6(4), pages 419-432, December.
    16. Gibson, Bill, 1985. "A Structuralist Macromodel for Post-revolutionary Nicaragua," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 9(4), pages 347-369, December.
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    Cited by:

    1. Stokke, Hildegunn E., 2008. "Resource boom, productivity growth and real exchange rate dynamics -- A dynamic general equilibrium analysis of South Africa," Economic Modelling, Elsevier, vol. 25(1), pages 148-160, January.
    2. Scott McDonald & Terrie Walmsley, 2008. "Bilateral Free Trade Agreements and Customs Unions: The Impact of the EU Republic of South Africa Free Trade Agreement on Botswana," The World Economy, Wiley Blackwell, vol. 31(8), pages 993-1029, August.
    3. Mehlum, Halvor, 2002. "Zimbabwe: Investments, credibility and the dynamics following trade liberalization: on the investment response during trade reform," Economic Modelling, Elsevier, vol. 19(4), pages 565-584, August.
    4. Torvik, Ragnar, 2001. "Learning by doing and the Dutch disease," European Economic Review, Elsevier, vol. 45(2), pages 285-306, February.
    5. Barbara M Roberts & Jeffery I Round, "undated". "Import Demand Specification in Computable General Equilibrium Models of Economies in Transition," Discussion Papers in European Economics 99/4, Division of Economics, School of Business, University of Leicester.

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