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Economists around the world rely in addition to official statistics on business (and consumer) surveys, which are more … partly, be filled by the Ifo World Economic Survey (WES). In this paper we first describe this survey and also examine how …-to-date information about the cyclical stage of the global economy and of major emerging and developing regions including Africa …
Persistent link: https://www.econbiz.de/10012979100
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
. Using data from three recent studies in South Asia and Africa, we show that a majority of students spend years of …
Persistent link: https://www.econbiz.de/10013089159
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
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/10013072104
with the literature arguing that greater trade openness would unequivocally lead to higher growth in Africa …
Persistent link: https://www.econbiz.de/10013158311
Using high-resolution data from Africa over the period 1998-2012, this paper investigates the hypothesis that a higher …
Persistent link: https://www.econbiz.de/10012956892
in countries that experience an unexpected natural resource windfall as measured by shocks to exogenous world prices …
Persistent link: https://www.econbiz.de/10012960101
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
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