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Why is China Investing in Africa? Evidence from the Firm Level
Chen, Wenjie - 2016
China's increased trade with and investment in Africa have boosted the continent's economic growth but have also … generated considerable controversy. In this paper we investigate China's outward direct investment ODI in Africa using macro and … registered Chinese firms investing in Africa between 1998 and 2012. We use key words in project descriptions to code the …
Persistent link: https://www.econbiz.de/10012987345
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Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation
Hanushek, Eric A. - 2009
We provide evidence that the robust association between cognitive skills and economic growth reflects a causal effect of cognitive skills and supports the economic benefits of effective school policy. We develop a new common metric that allows tracking student achievement across countries, over...
Persistent link: https://www.econbiz.de/10012765255
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Immigration, Unemployment and Growth in the Host Country : Bootstrap Panel Granger Causality Analysis on OECD Countries
Boubtane, Ekrame; Coulibaly, Dramane; Rault, Christophe - 2021
This paper examines the causality relationship between immigration, unemployment and economic growth of the host country. We employ the panel Granger causality testing approach of Konya (2006) that is based on SUR systems and Wald tests with country specific bootstrap critical values. This...
Persistent link: https://www.econbiz.de/10013315792
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The Pungent Smell of 'Red Herrings' : Subsoil Assets, Rents, Volatility and the Resource Curse
van der Ploeg, Rick; Poelhekke, Steven - 2021
Brunnschweiler and Bulte (2008) provide cross-country evidence that the resource curse is a “red herring” once one corrects for endogeneity of resource exports and allows resource abundance affect growth. Their results show that resource exports are no longer significant while the value of...
Persistent link: https://www.econbiz.de/10013316217
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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 - 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/10013082614
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Energy Consumption and Economic Growth Revisited in African Countries
Eggoh, Jude Comlanvi - 2014
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/10013067360
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A Convex Hull Approach to Counterfactual Analysis of Trade Openness and Growth
Funke, Michael - 2009
with the literature arguing that greater trade openness would unequivocally lead to higher growth in Africa …
Persistent link: https://www.econbiz.de/10013158311
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Elite Education, Mass Education, and the Transition to Modern Growth
Strulik, Holger - 2015
We propose an innovation-driven growth model in which education is determined by family background and cognitive ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers market R&D. This means that our model rationalizes two...
Persistent link: https://www.econbiz.de/10013009852
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Energy Use and Economic Growth in Africa : A Panel Granger-Causality Investigation
Arouri, Mohamed El Hedi - 2014
African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa … may work for all countries in Africa …
Persistent link: https://www.econbiz.de/10013051383
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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