Benin: Selected Issues and Statistical Appendix
International Monetary Fund, Mar 3, 2008 - Business & Economics - 74 pages
The strategy adopted by Benin to strengthen its macroeconomic stability and promote private-investment-led growth has been detailed in the note. The statistical data on gross domestic product by sector of origin at current prices and at constant supply, production and producer prices of cotton, products, production, and cultivated area of principal food crops in Benin has been given. The retail price of major petroleum products, consumer price index in urban areas, industrial minimum legal wage, central government revenue and expenditure, and related statistical information is detailed.
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African States BCEAO Bank of West Benin Benin’s economic Beninese authorities Billions of CFA CEMAC Central Bank CFA francs cointegrating vectors cointegration analysis cotton sector credit to private Deutsche Bundesbank Developing Countries deviation of real econometric Economic Freedom end of period endogenous variables Error correction model exogenous F-Statistics fiscal forecast error variance Ghura IMF Staff impact on private impulse response function increase in private International Monetary Fund investment and GDP investment and growth investment forecast error is1r Johansen Kydland LCRED long-run equilibrium long-run growth model variables null hypothesis optimal lag output percent increase PINV Prices private investment forecast private sector public investment rank s-is sector development shock to private Source staff estimates Supply factors supply shock SVAR SVECM system variables terms of trade terms-of-trade Text table time-to-build u-as unit root unless otherwise indicated us-r variance decomposition Vector Autoregressive WAEMU West African World Bank