The Augmented Solow Model and the African Growth Debate

Using panel data the question whether Africa's growth performance can be accounted for is analyzed in the framework of the augmented Solow model. Our results indicate that this model can account for Africa's low growth performance, provided that we allow for unobserved country specific effects and the endogeneity of investment in estimating the parameters of the model.

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Year of publication:	2000-01
Authors:	Hoeffler, Anke E.
Institutions:	Center for International Development, Kennedy School of Government
Subject:	Growth \| Panel Data Analysis \| Sub-Saharan Africa

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Extent:	application/pdf
Series:	CID Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Classification:	C23 - Models with Panel Data ; O40 - Economic Growth and Aggregate Productivity. General ; O55 - Africa
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005742782