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Climate and Weather as an Exogenous Factor
Monetary System as an Exogenous Factor
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absorptive capacity Agadez annual assumed assumption average billion CFA capital-output ratio CFA francs CFAF Chad Chenery CM CM CM CM H CM ro cn cn commodity constraint consumption CTl CTl developing countries direct tax domestic savings drought economic development economic growth Economy of Senegal elasticity estimates ex-ante expenditures exports finance foreign aid requirements gamma distribution gross groundnuts H CM H rH Harrod-Domar model increase inflow investment macroeconomic Mali markets Mauritania ment monetary Niger parameters period population precipitation production r-H r-H r-H rate of GDP rate of growth rH CM rH H ro CM Sahel Sahel-Sudan countries Sahel-Sudan region savings rate sensitivity tests Sorghum Source Table target growth rate tax rate tax revenue taxation tion total imports traditional sector U.S. dollars values variability west Africa World Bank