Significant drivers of growth in Africa

被引：0
作者：
Oleg Badunenko
Daniel J. Henderson
Romain Houssa
机构：
[1] University of Cologne,Cologne Graduate School in Management, Economics and Social Sciences
[2] University of Alabama,Department of Economics, Finance and Legal Studies
[3] University of Namur,Department of Economics, Centre of Research in the Economics of Development (CRED), Center for Research in Finance and Management (CeReFiM)
[4] University of Leuven,Center for Economic Studies (CES)
[5] CESifo,undefined
来源：
Journal of Productivity Analysis | 2014年 / 42卷
关键词：
Africa; Bootstrap; Growth; Production frontier; C14; C15; O10; O40;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
We employ bootstrap techniques in a production frontier framework to provide statistical inference for each component in the decomposition of labor productivity growth, which has essentially been ignored in this literature. We show that only two of the four components (efficiency changes and human capital accumulation) have significantly contributed to growth in Africa. Although physical capital accumulation is the largest force, it is not statistically significant on average. Thus, ignoring statistical significance would falsely identify physical capital accumulation as a major driver of growth in Africa when it is not.
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页码：339 / 354
页数：15
相关论文
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