Economic Development, Institutional Quality and Regional integration: Evidence from Africa Countries

Michael Batuo and Gema Fabro

MPRA Paper from University Library of Munich, Germany

Abstract: The aim of this paper is to provide new empirical evidence about the determinants of per capita income in African countries, with particular attention to the affects of governance institutional quality and sub regional integration on income level. We use a sample of 49 countries from the period 1996-2004 and the Generalized Method of Moments Estimation model for dynamic panel, proposed by Arellano and Bond (1991). The results show that African regional groups with better institutions, higher degrees of regional integration cooperation, higher rates of investment in human capital and lower rates of population growth, show a higher level of per capita income

Keywords: Sub-Regional Integration; Institutional Quality; Economic development (search for similar items in EconPapers)
JEL-codes: C33 O12 O43 O55 (search for similar items in EconPapers)
Date: 2009-11
New Economics Papers: this item is included in nep-afr and nep-dev
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:19069

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