Table 7 Contribution of each wedge (%)
From: The relevance of domestic and foreign factors in driving Ghana’s business cycle
\(\phi\) Statistic | \(\phi _{A}\) | \(\phi _{\tau _{l}}\) | \(\phi _{\tau _{x}}\) | \(\phi _{g}\) |
|---|---|---|---|---|
1983 recession | ||||
One wedge economies | 12.20 | 15.12 | 71.47 | 1.21 |