The African Growth Gap and the Realization of the MDGs

Tobias Knedlik and Eva Reinowski
Authors registered in the RePEc Author Service: Eva Dettmann

No 23, Proceedings of the German Development Economics Conference, Zurich 2008 from Verein für Socialpolitik, Research Committee Development Economics

Abstract: Earlier literature on economic growth models identified Africa specific determinates of economic growth. In standard models of economic growth Africa dummies were significant. A more resent strand of literature attributes the significance of Africa dummies to inappropriate estimation techniques. If growth models were appropriately estimated, the Africa dummy would disappear. The analysis of this paper reproduces the Systems-GMM approach, which was found to be appropriate, with an extended sample. It turns out that an Africa dummy appears to be significant. The analysis is extended by the search for potential explanations of an Africa dummy. The analysis finds that infrastructure, access to high tech, R&D, and business environment are factors that explain part of the anomaly of African growth processes. The MDGs reflect the specifics of African growth processes only partially. They should therefore not be the sole focus of growth oriented economic policy.

Keywords: economic growth models; Africa dummy; MDGs (search for similar items in EconPapers)
JEL-codes: C3 O1 O4 (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/39875/1/AEL_2008_23_knedlik.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:gdec08:23

Access Statistics for this paper

More papers in Proceedings of the German Development Economics Conference, Zurich 2008 from Verein für Socialpolitik, Research Committee Development Economics Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics (econstor@zbw-workspace.eu).