Research Paper No. 2: Real Sector and Growth
Summary — This research paper from the Bank of the Republic of Haiti (BRH) examines the real sector of the Haitian economy and factors influencing its growth. It covers topics such as investment, inflation, and economic modeling.
Key Findings
- Investment in Haiti has a limited short-term multiplier effect on economic growth.
- Core inflation measures contain information about future headline inflation.
- The Chow-Lin method is suitable for quarterly GDP estimation in Haiti.
- Corruption negatively impacts investment efficiency.
Full Description
This research paper from the Bank of the Republic of Haiti (BRH) explores various aspects of Haiti's real sector and economic growth. It includes analyses of factors explaining the weak response of economic growth to increased investment, calculations of core inflation, structural modeling of core inflation using VAR models, and methods for quarterly GDP estimation. The paper aims to provide insights relevant to policymakers and economic actors in Haiti.