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Key players in economic development

Ashani Amarasinghe, Roland Hodler, Paul Raschky and Yves Zenou

Journal of Economic Behavior & Organization, 2024, vol. 223, issue C, 40-56

Abstract: This paper analyzes the role of networks in the spatial diffusion of local economic shocks in Africa. We show that geographic connectivity, along with road and ethnic connectivity, are important for diffusing economic spillovers over longer distances. We then determine the key players, that is, which districts are key in propagating local economic shocks across Africa. Using these results, we conduct counterfactual policy exercises to evaluate the potential gains from policies that increase economic activity in specific districts or improve road connectivity between districts.

Keywords: Networks; Spatial spillovers; Key player centrality; Natural resources; Transportation; Africa (search for similar items in EconPapers)
JEL-codes: O13 O55 R12 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jeborg:v:223:y:2024:i:c:p:40-56

DOI: 10.1016/j.jebo.2024.05.001

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