Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/39875 
Erscheinungsjahr: 
2008
Schriftenreihe/Nr.: 
Proceedings of the German Development Economics Conference, Zürich 2008 No. 23
Verlag: 
Verein für Socialpolitik, Ausschuss für Entwicklungsländer, Göttingen
Zusammenfassung: 
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.
Schlagwörter: 
economic growth models
Africa dummy
MDGs
JEL: 
C3
O1
O4
Dokumentart: 
Conference Paper

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