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Modeling the future of knowledge economy: evidence from SSA and MENA countries

Simplice Asongu ()

No 13/015, Working Papers from African Governance and Development Institute.

Abstract: This paper projects the future of knowledge economy (KE) in SSA and MENA countries using the four components of the World Bank’s Knowledge Economy Index (KEI): economic incentive, education, ICTs and innovation. The empirical evidence provides the speeds of integration as well as the time necessary to achieve full integration. Findings broadly indicate SSA and MENA countries with low levels in KE will catch-up their counterparts with higher levels in a horizon of 4 to 7.5 years.

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)
New Economics Papers: this item is included in nep-ara and nep-knm
Date: 2013-01-15
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Published in Economics Bulletin

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http://www.afridev.org/RePEc/agd/agd-wpaper/Modeli ... d-MENA-countries.pdf Revised version, 2013 (application/pdf)

Related works:
Journal Article: Modeling the future of knowledge economy: evidence from SSA and MENA countries (2013) Downloads
Working Paper: Modeling the future of knowledge economy: evidence from SSA and MENA countries (2013) Downloads
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