Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/262077 
Year of Publication: 
2022
Series/Report no.: 
AGDI Working Paper No. WP/22/005
Publisher: 
African Governance and Development Institute (AGDI), Yaoundé
Abstract: 
The objective of this paper is to evaluate the impact of commodity terms of trade (CTOT) shocks on the labour market resilience of Sub-Saharan Africa (SSA) countries, comparing the franc zone countries on one hand, from the non-franc zone countries on the other hand. The results from the PVAR estimation indicate a positive impact of commodity terms of trade shocks on labour market resilience in SSA countries, a result that was replicated in both the franc zone and the non-franc zone countries. When robustness was checked through the PSTR, this positive relationship was established to be non-linear. The policy implications of the study invite the policy makers to diversify their economies to limit their heavy reliance of their economies on commodities.
Subjects: 
commodity terms of trade
resilience
franc zone
PVAR
PSTR
JEL: 
F16
F14
C23
Document Type: 
Working Paper

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