Characteristics and Behaviour of African Factor Markets and Market Institutions and Their Consequences for Economic Growth

Adeola F. Adenikinju and Olugboyega Oyeranti

CID Working Papers from Center for International Development at Harvard University

Abstract: This paper provides a detailed characterisation of the structure and behaviour of African factor markets and the institutions that impact on their operations. It shows that the African factor markets are imperfect and inefficient, thus constraining economic growth. The paper posits that for the current reform programmes to succeed, policy that enhances the efficiency and competitiveness of the African factor markets must be put in place.

JEL-codes: G1 J3 J4 J5 J6 O1 (search for similar items in EconPapers)
Date: 1999-12
View citations in EconPapers

Downloads: (external link)
http://www.cid.harvard.edu/cidwp/pdf/031.pdf (application/pdf)

Related works:
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: http://EconPapers.repec.org/RePEc:wop:cidhav:31

Access Statistics for this paper

More papers in CID Working Papers from Center for International Development at Harvard University
Address: Center for International Development at Harvard University (CID). 79 John F. Kennedy Street, Cambridge, MA 02138.
Contact information at EDIRC.
Series data maintained by Thomas Krichel ().