FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1574381503> ?p ?o ?g. }

• W1574381503 startingPage "143" @default.
• W1574381503 abstract "ABSTRACTThis study investigated Africa's economic growth over the period 1996 to 2010, deriving its motivation from the theoretical and empirical literature on the subject. Factors peculiar to the continent such as conflicts, policy distortions, weak institutions, export reliance and low productivity growth were accommodated. Departure from the conventional model specification occurred in the areas of exclusion of some traditional factors and the emergence of new entries. The methodology consisted of both a static and a dynamic panel data analyses of fifteen countries distributed across the different regions of the continent. Some remarkable results were obtained.(ProQuest: ... denotes formulae omitted.)INTRODUCTIONOver the last decades, economic growth and its determinants have been of great importance in both theoretical and applied studies. This is due to much importance of economic growth itself. The first steps towards developing the theories of economic growth were taken in the 1930's and early 1940's. All these theories have been directed to the two central questions: why growth rates across countries are different and what factors cause this difference? This difference manifests itself in different standards of living and quality of life in all over the world. In some economies, the level of investment and the productivity is low; the workers face little change in their standards of living and the growth rate and level of development are low; whereas in some other countries, these indices are high enough.Africa's poor economic performance has been widely studied. Within the empirical growth literature, considerable attention has been paid to slow growth performance in Africa. In average term, the growth rate in Africa hardly surpassed 2% while East and the Pacific countries had over 5% and Latin America experienced growth rate above 2%n (Easterly and Levine, 1997). Large body of studies points to a diverse set of potential causes of Africa's growth tragedy, ranging from bad policies, to poor education, political instability and inadequate infrastructure, but prominent among the cause is low factor productivity growth ( see Ndulu and O'Connell, 1999; Ndulu and O'Connell, 2009, Berthelemy and Soderling, 2001; Hoeffler, 2002 and Fosu, 2002). This literature has improved our understanding of African growth tragedy. However, it fails to guide us directly to the factors behind the low productivity growth observed in Africa.This study did not directly approach the issue of determinants of productivity growth in Africa; rather, it provided quantitative estimates of the extent to which observed productivity growth accounted for the growth performance of the continent. In so doing, it specified a growth model derived from economic theory but somewhat departed from the approach common to the literature. The rest of the paper is organized as follows. In section II, an overview of growth theory is presented succeeding in a following subsection, a review of the empirical growth literature as applied to Africa. Section III specified the empirical model employed in the study while, section IV dealt with the results and their interpretations. The final section provided some concluding remarks.THE GROWTH LITERATUREOverviewClassical economists, such as Smith (1991), Malthus (1798), Richardo and Eck (1817) and much later Ramsey (1928),Young (1928), Schumpeter (1934) and Knight (1944) provided many of the basic ingredients that appear in modem theories of economic growth. The main studies begin on these basic ingredients and focuses on the contributions in the neoclassical tradition since the late 1950s. From a chronological viewpoint, the starting point for modem theory growth theory is the classic article of Ramsey (1928). Ramsey's treatment of household optimization over time goes far beyond its application to growth theory. Between Ramsey and late 1950s, Harrod (1939) and Domar (1946) attempted to integrate Keynesian analysis with elements of economic growth. …" @default.
• W1574381503 created "2016-06-24" @default.
• W1574381503 creator A5060232025 @default.
• W1574381503 date "2014-05-01" @default.
• W1574381503 modified "2023-09-26" @default.
• W1574381503 title "Modeling Africa's Economic Growth" @default.
• W1574381503 cites W1522139711 @default.
• W1574381503 cites W1550293916 @default.
• W1574381503 cites W1849275795 @default.
• W1574381503 cites W1963883253 @default.
• W1574381503 cites W1966915822 @default.
• W1574381503 cites W1981253700 @default.
• W1574381503 cites W1982458196 @default.
• W1574381503 cites W1991128340 @default.
• W1574381503 cites W1994418597 @default.
• W1574381503 cites W2011474190 @default.
• W1574381503 cites W2041692102 @default.
• W1574381503 cites W2043753471 @default.
• W1574381503 cites W2061721471 @default.
• W1574381503 cites W2064061280 @default.
• W1574381503 cites W2070631858 @default.
• W1574381503 cites W2077166376 @default.
• W1574381503 cites W2080577950 @default.
• W1574381503 cites W2098589686 @default.
• W1574381503 cites W2099256249 @default.
• W1574381503 cites W2110621615 @default.
• W1574381503 cites W2122086763 @default.
• W1574381503 cites W2133771254 @default.
• W1574381503 cites W2134165681 @default.
• W1574381503 cites W2136072582 @default.
• W1574381503 cites W2168605160 @default.
• W1574381503 cites W224070062 @default.
• W1574381503 cites W2810816287 @default.
• W1574381503 cites W2891965326 @default.
• W1574381503 cites W3123186324 @default.
• W1574381503 cites W3123519450 @default.
• W1574381503 cites W3124182182 @default.
• W1574381503 cites W3124334679 @default.
• W1574381503 cites W3124380383 @default.
• W1574381503 cites W3124886457 @default.
• W1574381503 hasPublicationYear "2014" @default.
• W1574381503 type Work @default.
• W1574381503 sameAs 1574381503 @default.
• W1574381503 citedByCount "1" @default.
• W1574381503 countsByYear W15743815032015 @default.
• W1574381503 crossrefType "journal-article" @default.
• W1574381503 hasAuthorship W1574381503A5060232025 @default.
• W1574381503 hasConcept C139719470 @default.
• W1574381503 hasConcept C142077812 @default.
• W1574381503 hasConcept C162324750 @default.
• W1574381503 hasConcept C17744445 @default.
• W1574381503 hasConcept C199539241 @default.
• W1574381503 hasConcept C204983608 @default.
• W1574381503 hasConcept C27548731 @default.
• W1574381503 hasConcept C34447519 @default.
• W1574381503 hasConcept C47768531 @default.
• W1574381503 hasConcept C50522688 @default.
• W1574381503 hasConcept C83864248 @default.
• W1574381503 hasConcept C94625758 @default.
• W1574381503 hasConceptScore W1574381503C139719470 @default.
• W1574381503 hasConceptScore W1574381503C142077812 @default.
• W1574381503 hasConceptScore W1574381503C162324750 @default.
• W1574381503 hasConceptScore W1574381503C17744445 @default.
• W1574381503 hasConceptScore W1574381503C199539241 @default.
• W1574381503 hasConceptScore W1574381503C204983608 @default.
• W1574381503 hasConceptScore W1574381503C27548731 @default.
• W1574381503 hasConceptScore W1574381503C34447519 @default.
• W1574381503 hasConceptScore W1574381503C47768531 @default.
• W1574381503 hasConceptScore W1574381503C50522688 @default.
• W1574381503 hasConceptScore W1574381503C83864248 @default.
• W1574381503 hasConceptScore W1574381503C94625758 @default.
• W1574381503 hasIssue "2" @default.
• W1574381503 hasLocation W15743815031 @default.
• W1574381503 hasOpenAccess W1574381503 @default.
• W1574381503 hasPrimaryLocation W15743815031 @default.
• W1574381503 hasRelatedWork W115021940 @default.
• W1574381503 hasRelatedWork W1496397296 @default.
• W1574381503 hasRelatedWork W169294185 @default.
• W1574381503 hasRelatedWork W1987111937 @default.
• W1574381503 hasRelatedWork W2071671733 @default.
• W1574381503 hasRelatedWork W2094935822 @default.
• W1574381503 hasRelatedWork W2171437646 @default.
• W1574381503 hasRelatedWork W2186466913 @default.
• W1574381503 hasRelatedWork W2211406824 @default.
• W1574381503 hasRelatedWork W2236674070 @default.
• W1574381503 hasRelatedWork W2301111070 @default.
• W1574381503 hasRelatedWork W2318740278 @default.
• W1574381503 hasRelatedWork W2399251387 @default.
• W1574381503 hasRelatedWork W2507346698 @default.
• W1574381503 hasRelatedWork W2558468011 @default.
• W1574381503 hasRelatedWork W308404335 @default.
• W1574381503 hasRelatedWork W3122313894 @default.
• W1574381503 hasRelatedWork W3176717217 @default.
• W1574381503 hasRelatedWork W419744964 @default.
• W1574381503 hasRelatedWork W2231508340 @default.
• W1574381503 hasVolume "15" @default.
• W1574381503 isParatext "false" @default.
• W1574381503 isRetracted "false" @default.
• W1574381503 magId "1574381503" @default.

• next