Abstract
The study examined the analysis of convergence of fiscal variables among Sub-Saharan Africa (SSA) countries for the period 1981-2007. Secondary time-series data were used for the study and analysed using econometric techniques. The results showed that there were convergence in Burkina Faso, Cameroon, Nigeria, Rwanda, Sierra Leone and Uganda while there were divergence in Burundi, Kenya, Mauritius and South Africa. The study concluded that only Burkina Faso, Cameroon, Nigeria, Rwanda, Sierra Leone and Uganda could form Economic and Monetary Union (EMU) as a result of their convergence of Fiscal Variables.
Keywords
- Fiscal Variables Search this journal for Fiscal Variables (opens in a new tab)
- Convergence Search this journal for Convergence (opens in a new tab)
- Cointegration Search this journal for Cointegration (opens in a new tab)
- Stochastic Search this journal for Stochastic (opens in a new tab)
- Sub-Saharan African Countries Search this journal for Sub-Saharan African Countries (opens in a new tab)
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Keywords
- Fiscal Variables Search this journal for Fiscal Variables (opens in a new tab)
- Convergence Search this journal for Convergence (opens in a new tab)
- Cointegration Search this journal for Cointegration (opens in a new tab)
- Stochastic Search this journal for Stochastic (opens in a new tab)
- Sub-Saharan African Countries Search this journal for Sub-Saharan African Countries (opens in a new tab)
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