Showing 1 - 10 of 203
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We document the evolution of … rates Africa would have enjoyed if these key determinants had taken OECD rather than African values. Expensive investment …
Persistent link: https://www.econbiz.de/10012468832
Various arguments have been used to explain Sub-Saharan Africa's economic decline. We find that a stress on investments … poverty alleviation; and that the constraints imposed by Sub-Saharan Africa's human and physical geography are not core …
Persistent link: https://www.econbiz.de/10012471865
, Sierra Leone, and Tanzania). Despite reputations for weak health sectors and low average levels of education, health … provision of health information, likely reduced the severity of the pandemic in Africa but was not a panacea …
Persistent link: https://www.econbiz.de/10012482534
At roughly 4% per annum, labor productivity in Tanzania has grown more rapidly over the past 12 years than at any other …-agricultural employment growth has occurred in the informal sector. Using Tanzania's first nationally representative survey of micro, small … economy-wide labor productivity growth in Tanzania between 2002 and 2012. However, virtually all of the labor productivity …
Persistent link: https://www.econbiz.de/10012455791
Standard measures of productivity display enormous dispersion across farms in Africa. Crop yields and input intensities … rich panel data from farms in Tanzania and Uganda, we estimate our model using a flexible specification in which we allow …
Persistent link: https://www.econbiz.de/10012479396
-Saharan Africa for the period 1980-96, indicate that increases in the permanent component of the terms of trade (measured using three …
Persistent link: https://www.econbiz.de/10012471007
This paper develops a decision-theoretic approach to policy analysis. We argue that policy evaluation should be conducted on the basis of two factors: the policymaker's preferences, and the conditional distribution of the outcomes of interest given a policy and available information. From this...
Persistent link: https://www.econbiz.de/10012468673
Proponents of trade liberalization argue that it will force firms to produce closer to the production possibility frontier and that the frontier will move out faster. In particular, plants that export will achieve a higher productivity level. However intuitive the argument, empirical evidence is...
Persistent link: https://www.econbiz.de/10012468678
Previous work has claimed that monopoly power facilitates the provision of credit, since monopolists are better able to enforce payment. Here, we argue that if relationship-specific investments are required by borrowers to establish creditworthiness, monopoly power may reduce credit provision...
Persistent link: https://www.econbiz.de/10012469039
This paper questions current empirical practice in the study of growth. We argue that much of the modern empirical growth literature is based on assumptions concerning regressors, residuals, and parameters which are implausible both from the perspective of economic theory as well as from the...
Persistent link: https://www.econbiz.de/10012470690