Modeling the future of knowledge economy: evidence from SSA and MENA countries

Simplice A. Asongu

This paper projects the future of knowledge economy (KE) in SSA and MENA countries using the four components of the World Bank's Knowledge Economy Index (KEI): economic incentive, education, ICTs and innovation. The empirical evidence provides the speeds of integration as well as the time necessary to achieve full integration. Findings broadly indicate SSA and MENA countries with low levels in KE will catch-up their counterparts with higher levels in a horizon of 4 to 7.5 years.

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Year of publication:	2013
Authors:	Asongu, Simplice A.
Publisher:	[Yaoundé] : African Governance and Development Institute (AGDI)
Subject:	Knowledge economy \| Principal Component Analysis \| Panel data \| Convergence \| Wissensgesellschaft \| Knowledge society \| MENA-Staaten \| MENA countries \| Panel \| Panel study \| Wissensmanagement \| Knowledge management \| Wirtschaftliche Konvergenz \| Economic convergence \| Hauptkomponentenanalyse \| Principal component analysis