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Account

Table 8 Contribution of each wedge (%)

From: The relevance of domestic and foreign factors in driving Ghana’s business cycle

\(\phi\) Statistic

\(\phi _{A}\)

\(\phi _{\tau _{l}}\)

\(\phi _{\tau _{x}}\)

\(\phi _{g}\)

2009 expansion

    

One wedge economies

72.63

7.17

10.18

10.02