Significant Drivers of Growth in Africa

Oleg Badunenko, Daniel Henderson () and Romain Houssa

No 1208, Working Papers from University of Namur, Department of Economics

Abstract: We employ bootstrap techniques in a production frontier framework to provide statistical inference for each component in the decomposition of labor productivity growth, which has essentially been ignored in this literature. We show that only two of the four components have significantly contributed to growth in Africa. Although physical capital accumulation is the largest force, it is not statistically significant. Thus, ignoring statistical inference would falsely identify physical capital accumulation as a major driver of growth in Africa when it is not.

Keywords: Africa; bootstrap; growth; production frontier (search for similar items in EconPapers)
JEL-codes: C14 O10 O40 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2012-08
New Economics Papers: this item is included in nep-afr, nep-dev and nep-fdg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.fundp.ac.be/eco/economie/recherche/wpseries/wp/1208.pdf First version, 2012 (application/pdf)

Related works:
Journal Article: Significant drivers of growth in Africa (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nam:wpaper:1208

Access Statistics for this paper

More papers in Working Papers from University of Namur, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by François-Xavier Ledru ().