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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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2014-159
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