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Publications (21)
Working Paper
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– LEAP model application
This study develops a scenario-based model to assess the current and future trends in energy demand in Africa and associated greenhouse gas emissions. Future energy demand is forecast on the basis of socio-economic variables such as gross domestic product, income per capita, population, and...
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This paper develops a scenario-based model to identify and provide an array of electricity demand in Africa, and to derive them from the African power system of development. A system-based approach is performed by applying the scenario methodology developed by Schwartz in the context of the energy...
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High levels of inflexible bilateral trade in southern Africa have limited the participation in the competitive short-term markets, leading to inefficient use of energy infrastructure and blocking the Southern African Power Pool’s long-term goal of transitioning from a cooperative to competitive...
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– Proposed model for regional power sector integration in Africa
Regional power pools present a significant and potentially defining opportunity for African power systems to develop domestic energy resources, improve system reliability, and contribute to overall economic development. Hydropower is expected to play a significant role in many regional power pools...
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As the technology of climate-dependent energy sources is improving—both cheaper and more efficient—the energy sources are becoming more accessible for many of the nations in Africa. However, little is known about the underlying climate that would therefore be harvested by renewable technologies...
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– Preliminary study of the Inga 3 Dam
Large hydropower dams are at the centre of a debate weighing the value and costs of renewable energy against the risks of climate change. The debate is especially relevant on the African continent, which offers vast hydropower potential, but which is exposed to possible climatic changes. This paper...
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– A hybrid assessment
Projections of regional changes in surface air temperature and precipitation for the greater Nile River basin and northern Africa are presented. The probabilistic projections are obtained through a technique that combines projections of the MIT Integrated Global System Model with climate-change...
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– Case Study: Zambezi Basin and South Africa
The present study develops a reliability assessment method of wind resource using optimum reservoir target power operations that maximizes the firm generation of integrated wind and hydro power. A combined water resources model for a system of reservoirs that implements a priority based linear...
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– Evaluating Carbon Taxes and Electricity Import Restrictions
We link a bottom-up energy sector model to a recursive dynamic computable general equilibrium model of South Africa in order to examine two of the country’s main energy policy considerations: (i) the introduction of a carbon tax and (ii) liberalization of import supply restrictions in order to...
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– A West African Example
We construct a structural macroeconometric model for member states of the West African Economic and Monetary Union. Fitting this model to annual and quarterly time series data allows us to identify the channels through which macroeconomic innovation in one country impact on other countries in the...
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In this paper we fit a VECM in output and prices to data from ten countries of the CFA Franc Zone. This model allows for various cross-country interactions in both the short run and the long run. The VECM parameters are used to estimate persistence profiles of different kinds, in order to identify...
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– Estimating Interest Rate Rules for the BCEAO
This paper examines to what extent the central bank for the West African Economic and Monetary Union (BCEAO) has used interest rate policy in response to domestic economic developments. We show that while in the long run the BCEAO matches changes in French (Eurozone) interest rates one for one, in...
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This paper brings out that poverty increased massively in the wake of the 1994 devaluation of the CFA franc, despite a significant recovery of economic growth. Although this increase affected all the social groups, it fell mostly on the urban poor. An analytical model is presented, which explains...
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L’objectif de cet étude est d’analyser l’état de la convergence dans l’UEMOA, de 1980 à 2001, à travers les critères de convergence définis dans son pacte de convergence. On utilise l’approche méthodologique de Haldane et Hall (1991) pour appréhender la dynamique des variables économiques du pacte...
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– Evidence from West Africa
In this paper we use data from 17 African nations in order to investigate the hypothesis that monetary union – represented in this case by the CFA Franc Zone – augments the extent of macroeconomic integration. The paper covers a number of dimensions of integration including the volume of bilateral...
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– Country-level Credit Policy
This paper examines whether the BCEAO has made use of the various policy instruments at its disposal for steering credit in the individual CFA zone member countries to complement interest rate policy at the zone level. We estimate whether private sector credit has responded systematically to...
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