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This paper examines the connections of structural change and economic openness to labour productivity growth using a … panel data set of 41 countries in sub-Saharan Africa for the period 1991-2015. A dynamic panel model of cross …-country productivity growth is estimated using the least squares with dummy variables approach. The results suggest that growth of labour …
Persistent link: https://www.econbiz.de/10012423975
In this paper, we analyse the role of structural transformation in view of the remarkable growth performance of sub-Saharan African countries since the mid-1990s. Our analysis covers 41 African countries over the period 1980 to 2014 and accounts for structural transformation by employing the...
Persistent link: https://www.econbiz.de/10011729148
This paper investigates the “education-total factor productivity trade-off” in explaining per worker income differences … capital, the per worker income, and the total factor productivity (TFP). We confirm, according to the related literature, that … and of human productivity push the unlucky economies into a poverty trap …
Persistent link: https://www.econbiz.de/10013097100
This paper examines the growth performance of sub-Saharan African countries since 1960 through the lens of growth turning points (accelerations and decelerations) and periods of sustained growth (growth spells). Growth accelerations are generally associated with improved external conditions,...
Persistent link: https://www.econbiz.de/10012946903
The question of what really drives economic growth in sub-Saharan Africa (SSA) has been debated for many decades now. However, there is still a lack of clarity on variables crucial for driving growth as prior contributions have been executed at the backdrop of preferential selection of...
Persistent link: https://www.econbiz.de/10013380603
In this paper, we analyse the role of structural transformation in view of the remarkable growth performance of sub-Saharan African countries since the mid-1990s. Our analysis covers 41 African countries over the period 1980 to 2014 and accounts for structural transformation by employing the...
Persistent link: https://www.econbiz.de/10012948720
This paper documents the steady increase in intraregional trade in sub-Saharan Africa since 1980, links this rise to important growth spillovers in the region, and identifies the main source countries and those most vulnerable to the economic conditions of others. Estimates show that in the...
Persistent link: https://www.econbiz.de/10012864108
Using the threshold regression model, we examine the effects of Foreign Direct Investment (FDI), and the mediating role of FDI absorptive capacity, on economic growth in Sub-Saharan Africa. We find that the threshold level of FDI inflows per person is approximately US$ 44.67 per annum. For FDI...
Persistent link: https://www.econbiz.de/10013292522
Using the most recent purchasing power parity data for 44 sub-Saharan African countries, this paper examines the characteristics of long run growth in Africa between 1975 and 2005. We investigate the following issues: cross-country income structure, income convergence, the country level...
Persistent link: https://www.econbiz.de/10014224205
In view of the remarkable growth performance of sub-Saharan African countries since the mid-1990s, we investigate the drivers of economic growth in the region. Above all, we find that more investment, enhanced macroeconomic stability, less conflicts, improved terms of trade, and better...
Persistent link: https://www.econbiz.de/10013030565