Trajectories of Knowledge Economy in SSA and MENA countries

Simplice Asongu and Antonio Andres

MPRA Paper from University Library of Munich, Germany

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-based 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 of 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 also discussed.

Keywords: Knowledge economy; Principal component analysis; Panel data; Convergence; Development (search for similar items in EconPapers)
JEL-codes: F42 O10 O38 O57 P00 (search for similar items in EconPapers)
Date: 2019-01
New Economics Papers: this item is included in nep-ara, nep-ino and nep-knm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Trajectories of knowledge economy in SSA and MENA countries (2020)
Working Paper: Trajectories of Knowledge Economy in SSA and MENA countries (2019)
Working Paper: Trajectories of Knowledge Economy in SSA and MENA countries (2019)
Working Paper: Trajectories of Knowledge Economy in SSA and MENA countries (2019)
Working Paper: Trajectories of Knowledge Economy in SSA and MENA countries (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:93662

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