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This paper develops a model positing a nonlinear relationship between public investment and growth. The model is then applied to a panel of African countries using nonlinear estimating procedures. The growth-maximizing level of public investment is estimated at about 10 percent of GDP based on...
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Das sub-saharische Afrika beginnt sich immer stärker zu differenzieren. Die Spanne zwischen Ländern mit guten wirtschaftlichen Potentialen und besseren Perspektiven und jenen mit allzu langem Reformstau vergrößert sich. Gerade die Gruppe der aufstrebenden Ökonomien zeigt große...
Persistent link: https://www.econbiz.de/10001392791
This study investigates the impact of different dimensions of schooling education (primary, secondary and tertiary enrolment) on the intensity of intra-state conflicts in Africa during 1989-2008. It uses fixed-effects regressions in a panel framework and annual data for 25 African countries....
Persistent link: https://www.econbiz.de/10010659034
This paper empirically tests the hypothesis that education, as measured by the average schooling years in the population aged 15 and above, reduces the likelihood of societal conflicts in Africa. It focuses on a sample of 31 African countries during 1960-2000 and uses both panel ordered probit...
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