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Economic Growth in Africa: Comparing Recent Improvements with the "lost 1980s and early 1990s" and Estimating New Growth Trends

Leibfritz, Willi; Flaig, Gebhard - CESifo - 2013

In the first part of the paper we look at economic growth in Africa over the past three decades. We divide the past …. During the first period, Africa did not catch up but lost ground, Africa’s average per capita income declined. Since the mid … growth rates for Africa and several individual countries. We use the Hodrick-Prescott filter with different values for the …

Persistent link: https://www.econbiz.de/10010641423

Energy Consumption and Economic Growth Revisited in African Countries

Eggoh, Jude C.; Bangaké, Chrysost; Rault, Christophe - CESifo - 2011

The aim of this paper is to provide new empirical evidence on the relationship between energy consumption and economic growth for 21 African countries over the period from 1970 to 2006, using recently developed panel cointegration and causality tests. The countries are divided into two groups:...

Persistent link: https://www.econbiz.de/10009320785

Fiscal Policy During Business Cycles in Developing Countries: The Case of Africa

Leibfritz, Willi; Rottmann, Horst - CESifo - 2013

procyclicality Africa’s resilience against external shocks improved. This also helped to better cope with the Great Recession of 2009. …

Persistent link: https://www.econbiz.de/10010718528

Mobilizing VAT Revenues in African Countries

Cnossen, Sijbren - CESifo - 2014

Several African countries have to increase their tax revenues to finance human and economic development. General consumption taxes, such as VATs, are the preferred instrument for doing so, because they are less detrimental to growth than income taxes. To enable their use, VAT design has to be...

Persistent link: https://www.econbiz.de/10011093981