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This paper examines the connections of structural change and economic openness to labour productivity growth using a panel data set of 41 countries in sub-Saharan Africa for the period 1991-2015. A dynamic panel model of cross-country productivity growth is estimated using the least squares with...
Persistent link: https://www.econbiz.de/10012161276
This paper analyzes jobless growth in Bangladesh by examining the relationship between employment growth and output growth from 2002-2017. The findings reveal a sharp decline in aggregate employment elasticity since 2010, indicating that employment is becoming less responsive to growth, i.e.,...
Persistent link: https://www.econbiz.de/10014345143
Estimating the impact of HIV/AIDS epidemic on economic growth is challenging because of endogeneity concerns. In this paper, we use novel data on male circumcision and distance from the first HIV outbreak as instrumental variables for the HIV/AIDS epidemic in 241 regions across 25 countries in...
Persistent link: https://www.econbiz.de/10011336553
The present study investigates the nexus between health performance dynamics and economic growth in 43 countries in sub-Saharan Africa for the period 2004-2018. Four health performance dynamics are used, notably: total life expectancy, male life expectancy, female life expectancy and risk of...
Persistent link: https://www.econbiz.de/10014265871
This study investigates: (i) the effect of foreign direct investment (FDI) on total factor productivity (TFP) and economic growth dynamics, and (ii) the relevance of value added from three economic sectors in modulating the established effect of FDI on TFP and economic growth dynamics. The...
Persistent link: https://www.econbiz.de/10012798944
The question of what really drives economic growth in sub-Saharan Africa (SSA) has been debated for many decades now. However, there is still a lack of clarity on variables crucial for driving growth as prior contributions have been executed at the backdrop of preferential selection of...
Persistent link: https://www.econbiz.de/10013380603
Persistent link: https://www.econbiz.de/10011513980
Using the threshold regression model, we examine the effects of Foreign Direct Investment (FDI), and the mediating role of FDI absorptive capacity, on economic growth in Sub-Saharan Africa. We find that the threshold level of FDI inflows per person is approximately US$ 44.67 per annum. For FDI...
Persistent link: https://www.econbiz.de/10013292522
Sub-Saharan Africa, in the aggregate, has had the worst growth performance of any major region of the world over the last few decades. It is important to recognize, however, the enormous diversity in growth experiences at the country level. Some countries, like Botswana and Cape Verde, have...
Persistent link: https://www.econbiz.de/10014061217
In view of the remarkable growth performance of sub-Saharan African countries since the mid-1990s, we investigate the drivers of economic growth in the region. Above all, we find that more investment, enhanced macroeconomic stability, less conflicts, improved terms of trade, and better...
Persistent link: https://www.econbiz.de/10013030565