<script type="text/javascript">
<!--
document.write('<div id="oa_widget"></div>');
document.write('<script type="text/javascript" src="https://www.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=undefined&type=result"></script>');
-->
</script>
handle: 20.500.14279/14718
Abstract This paper draws on the recent endogenous-growth methodology to study the factors behind differences in per capita growth rates across Africa. The results indicate that various economic factors including initial conditions, investment, population growth, trade orientation, inflation, financial development, and the growth of the government sector contribute significantly to economic growth. In addition to economic variables, we find the degree of political freedom to be a significant contributor to economic growth. Finally, we find some evidence that economic growth by the members of the CFA Franc Zone has not fared well in comparison to other African countries.
Economics and Business, CFA franc zone, endogenous growth theory, Social Sciences, growth factor, economic development, Franc zone, comparative study
Economics and Business, CFA franc zone, endogenous growth theory, Social Sciences, growth factor, economic development, Franc zone, comparative study
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | 96 | |
popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network. | Top 10% | |
influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | Top 10% | |
impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network. | Top 10% |