The Augmented Solow Model and the African Growth Debate
Anke Hoeffler ()
CID Working Papers from Center for International Development at Harvard University
Using panel data the question whether Africa's growth performance can be accounted for is analyzed in the framework of the augmented Solow model. Our results indicate that this model can account for Africa's low growth performance, provided that we allow for unobserved country specific effects and the endogeneity of investment in estimating the parameters of the model.
Keywords: Growth; Panel Data Analysis; Sub-Saharan Africa (search for similar items in EconPapers)
JEL-codes: C23 O40 O55 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev and nep-dge
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Persistent link: https://EconPapers.repec.org/RePEc:wop:cidhav:36
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