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This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa's peculiar history …, which has been marked by its colonization experience. Next I discuss the potential growth impact of state fragility, a …
Persistent link: https://www.econbiz.de/10010278552
This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa’s peculiar history …, which has been marked by its colonization experience. Next I discuss the potential growth impact of state fragility, a …
Persistent link: https://www.econbiz.de/10009216756
We explore the determinants of state fragility in sub-Saharan Africa. Controlling for a wide range of economic …, demographic, geographic and istitutional regressors, we find that institutions, and in particular the civil liberties index and …. Economic factors such as income growth and investment display a non robust impact after controlling for omitted variables and …
Persistent link: https://www.econbiz.de/10010269665
We explore the determinants of state fragility in sub-Saharan Africa. Controlling for a wide range of economic …, demographic, geographic and istitutional regressors, we find that institutions, and in particular the civil liberties index and …. Economic factors such as income growth and investment display a non robust impact after controlling for omitted variables and …
Persistent link: https://www.econbiz.de/10008529151
in the inequality and growth literature. These include growth, openness, wages, and liberalisation. We review the … existing cross-country empirical evidence on the effects of inequality on growth and the extent to which the poorest in society … benefit from economic growth. The linkage between growth, redistribution and poverty is also analysed. In the review of …
Persistent link: https://www.econbiz.de/10010262079
in the inequality and growth literature. These include growth, openness, wages, and liberalisation. We review the … existing cross-country empirical evidence on the effects of inequality on growth and the extent to which the poorest in society … benefit from economic growth. The linkage between growth, redistribution and poverty is also analysed. In the review of …
Persistent link: https://www.econbiz.de/10005761854
This paper uses data from 20 OECD countries to investigate the impact of welfare state institutions (especially … empirically. It shows that the impact of welfare state institutions is not as clear-cut as the deregulationists' view suggests … welfare state institutions are manifold but the most important reason is the complexity of the impacts. There are many side …
Persistent link: https://www.econbiz.de/10010262103
contribute to longer-term growth by building human and financial capital or degrade long-run growth by creating labor … remittances-growth link because previous studies have not correctly controlled for endogeneity. Using Dynamic Data Panel estimates … we find that remittances exert a weakly positive impact on long-term macroeconomic growth. The paper also considers the …
Persistent link: https://www.econbiz.de/10010268033
for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the … presumed growth benefits of financial integration. Indeed, a new literature proposes that the indirect benefits of financial …
Persistent link: https://www.econbiz.de/10010269032
Institutions are now widely believed to be important in explaining performance. In this paper, we analyze whether … commonly used measures of institutions have any significant, measurable impact on performance, whether of countries or firms …. We look at three 'levels' of institutions and associated conjectures. The first concerns whether the political system …
Persistent link: https://www.econbiz.de/10010274658