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Power outages and economic growth in Africa
Andersen, Thomas Barnebeck; Dalgaard, Carl-Johan - Institut for Virksomhedsledelse og Økonomi, Syddansk … - 2012
This paper estimates the total effect of power outages on economic growth in Sub-Saharan Africa over the period 1995-2007. Outages are instrumented using a satellite-based measure of lightning density. As suggested by Henderson et al. (2011), we also combine Penn World Tables GDP data with...
Persistent link: https://www.econbiz.de/10009651246
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Institutions and growth accelerations
Andersen, Thomas Barnebeck; Jensen, Peter Sandholt - Institut for Virksomhedsledelse og Økonomi, Syddansk … - 2013
This paper estimates the effect of institutions on economic growth in Sub-Saharan Africa over the period 1995-2007. We follow Henderson, Storeygard, and Weil (American Economic Review 102(2): 994-1028, 2012) in combining Penn World Tables GDP data with satellite-based data on nightlights in...
Persistent link: https://www.econbiz.de/10010627867
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Is Africa's recent growth sustainable?
Andersen, Thomas Barnebeck; Jensen, Peter Sandholt - Institut for Virksomhedsledelse og Økonomi, Syddansk … - 2013
In this paper we argue that the answer is yes. Our optimism rests on the finding that differences in the level of institutional quality predict cross-country variation in African economic growth during the period 1995-2011. This finding is quite robust. It holds in OLS, LAD and 2SLS settings; it...
Persistent link: https://www.econbiz.de/10010818964
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Political transition in a small open economy: Retracing the economic trail of South Africa’s long walk to democracy
Bedasso, Biniam E. - Economic Research Southern Africa (ERSA) - 2014
This paper seeks to offer an economic explanation for the emergence of democracy in societies with high income inequality and narrow middle-class such as Apartheid South Africa. The presence of a credible threat of capital flight is shown to render democracy less unpleasant to the elites by...
Persistent link: https://www.econbiz.de/10011133844
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An Examination of Sub-National Growth in Nigeria: 1999 - 2012
Obikili, Nonso - Economic Research Southern Africa (ERSA) - 2014
I use satellite imagery on night time lights to measure growth across states and local government areas in Nigeria … since the return of democracy in 1999. I show that states in Southern Nigeria have grown faster on average than states in … coefficients to estimate GDP growth for states and local government areas in Nigeria over the period. …
Persistent link: https://www.econbiz.de/10010885333