Unit root and trend breaks in per capita output: evidence from sub-Saharan African countries

C-Tier
Journal: Applied Economics
Year: 2018
Volume: 50
Issue: 6
Pages: 634-658

Authors (2)

Eléazar Zerbo (not in RePEc) Olivier Darné (Université de Nantes)

Score contribution per author:

0.505 = (α=2.02 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This article examines the nonstationary properties of per capita real output in 28 sub-Saharan African (SSA) countries, covering the period 1960–2014. The sequential testing approach proposed by Kejriwal and Lopez (2013, Econometric Reviews 32(8), 892–927) is used to categorize SSA countries into growth shift, level shift and linear trend hypotheses based on the presence or not of breaks in slope and/or level of the trend function. The break dates are associated to major historical or economic events such as sociopolitical crisis, commodity price fluctuations on international market, the discovery and the exploitation of mineral deposits or unfavourable environmental and climatic conditions. The empirical evidences of appropriate unit root tests fail to reject the unit root hypothesis in all the countries, suggesting that a shock would have a permanent effect on growth process, and stabilization policies may be implemented in dealing with income fluctuations.

Technical Details

RePEc Handle
repec:taf:applec:v:50:y:2018:i:6:p:634-658
Journal Field
General
Author Count
2
Added to Database
2026-01-25