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, allowing an understanding of growth and inequality in the region. The region has experienced Ø- and σ-convergence …; however, growth rates of per capita gross domestic product are low at aggregate and sectoral levels. At sectoral level, the … sectors such as education and health can enhance growth rate, whereas the overall revenue expenditure retards growth …
Persistent link: https://www.econbiz.de/10012424163
This paper aims to decompose the sources of growth in economies in the Southern African region's Common Monetary Area … and in the provinces of South Africa. Decomposition results for the Common Monetary Area reveal that the growth of … from shifts in technology. Countries experiencing input-driven growth in the secondary sector, such as Namibia and Eswatini …
Persistent link: https://www.econbiz.de/10012651102
We investigate the marginal productivity of investment across countries. The aim is to estimate the return on investments financed by foreign aid and by domestic resource mobilization, using aggregate data. Both returns are expected to vary across countries and time. Consequently we develop a...
Persistent link: https://www.econbiz.de/10011418572
This paper examines the income inequality implications of a 'premature deindustrialization' trend in middle-income countries. To identify the premature deindustrialization phase, we arrive at five conditions based on the trends in employment and value-added share of manufacture. Among these five...
Persistent link: https://www.econbiz.de/10012424172
. A series of shocks, especially the fuel and food price crisis of 2008, combined with poor productivity growth in …
Persistent link: https://www.econbiz.de/10011418642
The structure of the Nigerian economy is typical of an underdeveloped country. The primary sector, in particular, the oil and gas sector, dominates the gross domestic product accounting for over 95 per cent of export earnings and about 85 per cent of government revenue between 2011 and 2012. The...
Persistent link: https://www.econbiz.de/10010343222
redistribution and the impacts of redistribution on growth can be misleading. …
Persistent link: https://www.econbiz.de/10011653945
This study examines the relationship between growth and employment in Nigeria to gain insights into the country …'s paradox of high economic growth alongside rising poverty and inequality. The methodology adopted is the Shapley decomposition … approach, complemented with econometric estimation of the country's employment intensity of growth. The findings indicate that …
Persistent link: https://www.econbiz.de/10011440686
the world. Using AidData for 2000-13, this paper examines the effects of aid to productive sectors on manufacturing growth … in Africa. Econometric results show that increased assistance to these sectors is associated with an increase in growth … productive sectors and growth of the manufacturing sector. These findings make an important contribution to the economic …
Persistent link: https://www.econbiz.de/10013204776
endogeneity problem in the aid-growth relationship. Evidence from a panel VAR model estimated on the dataset of NDHKM, suggests a …
Persistent link: https://www.econbiz.de/10010319794