Political Institutions and Economic Growth in Africa

Robert Bates and Janvier D. Nkurunziza

No 98, CID Working Papers from Center for International Development at Harvard University

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

Keywords: Africa; political economy; development; economic growth; System Generalised Method of Moments; Anke Hoeffler; "Africa dummy" (search for similar items in EconPapers)
JEL-codes: O00 O55 O57 (search for similar items in EconPapers)
Date: 2003-03
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Citations: View citations in EconPapers (27)

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https://www.hks.harvard.edu/sites/default/files/ce ... rking-papers/098.pdf (application/pdf)

Related works:
Working Paper: POLITICAL INSTITUTIONS AND ECONOMIC GROWTH IN AFRICA (2004)
Working Paper: Political Institutions and Economic Growth in Africa (2003)
Working Paper: POLITICAL INSTITUTIONS AND ECONOMIC GROWTH IN AFRICA (1997)
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Persistent link: https://EconPapers.repec.org/RePEc:cid:wpfacu:98

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