Political Institutions and Economic Growth in Africa

Janvier D. Nkurunziza and Robert Bates

No 2003-03, CSAE Working Paper Series from Centre for the Study of African Economies, University of Oxford

Abstract: The purposes 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 "Africa 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.

Date: 2003
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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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