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The Main Obstacles to Firms' Growth in Senegal: Implications for the Long Run

Mathilde Maurel and Majda Seghir

No wp-2014-159, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Productivity gains are the prime engine of economic growth. This paper uses a rich amount of firms' accounting information from the Single Information Collecting Centre in Senegal over the period 1998-2011. To investigate the two main obstacles to growth, poor education and poor access to electricity supply, we aggregate the firms' data at the sectoral level. Our findings corroborate the conclusion of a recent report by the African Development Bank suggesting the importance of primary and vocational education.

Keywords: Econometric models (Economic development); Education; Environment; Infrastructure (Economics); Macroeconomics; Productivity (search for similar items in EconPapers)
Date: 2014
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