2022
DOI: 10.1016/j.inteco.2022.01.001
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Trade shocks and labour market resilience in Sub-Saharan Africa: Does the franc zone response differently?

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Cited by 24 publications
(10 citation statements)
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“…The GMM addresses the potential problem of endogeneity through an instrumentation technique. This problem is addressed by accounting for the concern of reverse causality and time-invariant omitted variables (Nchofoung, 2022 ; Nchofoung & Asongu, 2022 ). The GMM technique is a robust technique that accounts for the error term related problems.…”
Section: Methodsmentioning
confidence: 99%
“…The GMM addresses the potential problem of endogeneity through an instrumentation technique. This problem is addressed by accounting for the concern of reverse causality and time-invariant omitted variables (Nchofoung, 2022 ; Nchofoung & Asongu, 2022 ). The GMM technique is a robust technique that accounts for the error term related problems.…”
Section: Methodsmentioning
confidence: 99%
“…The results are presented in Table 6 below. It is important to note that these are not the structural coefficients (Nchofoung, 2022). However, we use the Cholesky decomposition of the variance-covariance matrix to determine the structural coefficients presented in the next subsection.…”
Section: Resultsmentioning
confidence: 99%
“…These are the problem of (i) identification (ii) simultaneity and (iii) exclusion restrictions. To resolve these problems, all our explanatory variables are suspected to be endogenous and treated as such in accordance with extant literature on the GMM methodology (Tchamyou, 2020;Tchamyou, 2021;Nchofoung andAsongu, 2022a, 2022b). Besides, given that the period dummies included as explanatory variables in our model are strictly exogenous, these dummies were used as instruments.…”
Section: Model Specification and Regression Methodologymentioning
confidence: 99%
“…Equally, resource rent is used in accordance toNchofoung et al (2021) and is expected to present a positive sign following this study. Trade openness is the next control variables and is expected to produce a positive effect with respect toNchofoung (2022). The last but not the least control variable is economic growth and should enhance sustainable development in line with.Tables1 and 2present the summary statistics and the correlation matrix, respectively.…”
mentioning
confidence: 99%