Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/149921
Authors: 
Asongu, Simplice
Andrés, Antonio R.
Year of Publication: 
2015
Series/Report no.: 
AGDI Working Paper WP/15/060
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-base-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 in 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 discussed.
Subjects: 
Knowledge economy
Principal component analysis
Panel data
Convergence
JEL: 
F42
O10
O38
O57
P00
Document Type: 
Working Paper

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