Ghura, Dhaneshwar; Hadjimichael, Michael T. - In: IMF Staff Papers 43 (1996) 3, pp. 605-634
The paper investigates empirically the determinants of per capita economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (1) an increase in private investment has a relatively large positive impact on per capita growth; (2) growth is...