Trajectories of knowledge economy in SSA and MENA countries

Simplice A. Asongu, Antonio R. Andrés

In the first critical assessment of knowledge economy dynamic paths in Africa and the Middle East, but for a few exceptions, we find overwhelming support for diminishing cross-country disparities in knowledge-based economy dimensions. The paper employs all the four components of the World Bank's Knowledge Economy Index (KEI): economic incenti ves , innovation, education, and information infrastructure. The main finding suggests that sub- Saharan African ( SSA ) and the Middle East and North African (MENA) countries with low levels of KE dynamics and catching-up their counterparts of higher KE levels. We provide the speeds of integration and time necessary to achieve full (100%) integration. Policy implications are also discussed.

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Year of publication:	[2019]
Authors:	Asongu, Simplice ; Andrés, Antonio R.
Publisher:	[Yaoundé] : African Governance and Development Institute
Subject:	Knowledge economy \| Principal component analysis \| Panel data \| Convergence \| Development \| Wissensgesellschaft \| Knowledge society \| MENA-Staaten \| MENA countries \| Wirtschaftliche Konvergenz \| Economic convergence \| Panel \| Panel study \| Wirtschaftswachstum \| Economic growth \| Hauptkomponentenanalyse