POLITICAL INSTITUTIONS AND ECONOMIC GROWTH IN AFRICA

Janvier Nkurunziza and Robert H. Bates
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Janvier Nkurunziza: Centre for the Study of African Economies

Development and Comp Systems from EconWPA

Abstract: The purpose of this paper include (a) a review of the literature on the so-called 'African dummy', (b) an explication of the system GMM method of estimation, by which Hoeffler(2002) shows the 'African dummy' to be an artifact of the application of inappropriate estimation techniques; and (c) an effort to employ this technique to measure the impact of political variables - measures of stability, regime type, and violence - on economic growth in Africa.

JEL-codes: O P (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-afr, nep-dev and nep-pol
Date: 2004-09-22
Note: Type of Document - pdf; pages: 25
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpdc:0409028

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