La présente étude a pour objectif de contribuer à la recherche d’une croissance soutenue dans la zone Franc en recherchant les mécanismes par lesquels la convergence interagit avec l’intégration à l’égard de la croissance. À cet effet, nous utilisons d'abord la σ-convergence pour analyser l’état de la convergence en zone Franc. Ensuite, nous estimons un panel dynamique hétérogène avec prise en compte des variables d'interaction, par la Méthode pooled Mean Group (PMG). Les résultats montrent que: (i) la zone Franc tend vers un processus de convergence; (ii) la convergence affecte positivement l’intégration par la voie des exportations et des importations. L’intégration régionale à son tour affecte positivement la croissance en zone Franc. Plus explicitement, la convergence interagit à travers les exportations, les importations et la main d’œuvre pour promouvoir la croissance. Fort de ces résultats, nous recommandons aux pays membres de la zone Franc de respecter de manière effective les critères de convergence économique pour une croissance plus soutenue.
Convergence, integration et croissance economique en zone franc
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