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Author:Fielding, D.
Shields, K.
Title:The impact of monetary union on macroeconomic integration: evidence from West Africa
Journal:Economica
2005 : NOV, VOL. 72:288, p. 683-704
Index terms:macroeconomics
monetary integration
Africa
Language:eng
Abstract:This study uses data from 19 African nations to investigate the hypothesis that monetary union - represented in this case by the CFA Franc Zone - augments the extent of macroeconomic integration. Two key dimensions of integration are covered: the volume of bilateral trade and the magnitude of cross-country business cycle correlation.
SCIMA record nr: 260339
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