Trajectories in Knowledge Economy: Empirics from SSA and MENA countries

Simplice Asongu and Antonio Andrés ()
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Antonio Andrés: Barranquilla, Colombia

No 15/060, Research Africa Network Working Papers from Research Africa Network (RAN)

Abstract: In the first critical assessment of knowledge economy dynamic paths in Africa and the Middle East, but for a few exceptions, we find overwhelming support for diminishing cross-country disparities in knowledge-base-economy dimensions. The paper employs all the four components of the World Bank’s Knowledge Economy Index (KEI): economic incentives, innovation, education, and information infrastructure. The main finding suggests that sub-Saharan African (SSA) and the Middle East and North African (MENA) countries with low levels in KE dynamics and catching-up their counterparts of higher KE levels. We provide the speeds of integration and time necessary to achieve full (100%) integration. Policy implications are discussed.

Keywords: Knowledge economy; Principal component analysis; Panel data; Convergence (search for similar items in EconPapers)
JEL-codes: F42 O10 O38 O57 P00 (search for similar items in EconPapers)
Pages: 32
Date: 2015-12
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http://publications.resanet.org/RePEc/abh/abh-wpap ... nowledge-Economy.pdf Revised version, 2015 (application/pdf)

Related works:
Working Paper: Trajectories in Knowledge Economy: Empirics from SSA and MENA countries (2015)
Working Paper: Trajectories in Knowledge Economy: Empirics from SSA and MENA countries (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:abh:wpaper:15/060

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