Showing 1 - 10 of 165
Africa's interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are they the optimal response to geography and comparative advantage, or the result of suboptimal political distortions? We investigate the political determinants of road paving in...
Persistent link: https://www.econbiz.de/10011966676
In this paper, we apply a convex hull approach to counterfactual analysis of trade openness and growth. The experiments we choose evaluate the importance of trade openness for growth across African countries. Specifically, we ask the question what would happen if African countries were more...
Persistent link: https://www.econbiz.de/10003854442
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/10009303910
We combine original geo-referenced data on mining extraction of 15 minerals with information on conflict events at spatial resolution of 0.5o x 0.5o for all Africa over 1997-2010. Exploiting exogenous variations in world prices, we find a positive impact of mining on conict at the local level....
Persistent link: https://www.econbiz.de/10011283825
We make use of a bootstrap panel analysis of causality between energy use and economic growth for a sample of sixteen African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa. However, African countries are heterogeneous and there is...
Persistent link: https://www.econbiz.de/10010366148
We combine a novel measure of export-related financial needs at the product level with a unique database of firm-product export data (including names of the exporting firms) from five developing countries. Using the tools of survival analysis and taking into account firms' and products'...
Persistent link: https://www.econbiz.de/10010250164
Economists around the world rely in addition to official statistics on business (and consumer) surveys, which are more up-to-date. However, for many emerging and developing countries there is a lack of such surveys. This gap can, at least partly, be filled by the Ifo World Economic Survey (WES)....
Persistent link: https://www.econbiz.de/10011547810
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 micro data. The aggregate data on China's ODI in...
Persistent link: https://www.econbiz.de/10011485198
We present a theoretical model of moral hazard and adverse selection in an imperfectly competitive loans market that is suitable for application to Africa. The model allows for variation in both the level of contract enforcement (depending on the quality of governance) and the degree of market...
Persistent link: https://www.econbiz.de/10010424751
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/10010438187