Table 9 Contribution of each wedge over the entire sample (1960–2017) (%)
From: The relevance of domestic and foreign factors in driving Ghana’s business cycle
\(\phi\) Statistic | \(\phi _{A}\) | \(\phi _{\tau _{l}}\) | \(\phi _{\tau _{x}}\) | \(\phi _{g}\) |
|---|---|---|---|---|
Entire sample (1960–2017) | ||||
One wedge economies | 78.80 | 10.70 | 7.58 | 2.92 |