Harrison, Ann E.; Lin, Justin Yifu; Xu, L. Colin - National Bureau of Economic Research (NBER) - 2013
worse than firms in other regions. They have lower productivity levels and growth rates, export less, and have lower … investment rates. Once we control for geography, political competition and the business environment, formal African firms lead in … productivity levels and growth. Africa's conditional advantage is higher in low-tech than in high-tech manufacturing, and exists in …