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The paper investigates the effects of sub-Saharan African colonial heritage on economic growth in a sample of nonindustrial countries. Parameter estimates suggest that the partial effects of extractive institutions engendered by a twentieth century colonial heritage account for approximately 30%...
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The paper investigates the effects of Sub-Saharan African colonial heritage on economic growth in a sample of nonindustrial countries. An empirical Solow growth model is specified in a way that allows an examination of whether or not growth in Sub-Saharan Africa reflects a legacy of extractive...
Persistent link: https://www.econbiz.de/10014076211