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Patterns of Long Term Growth in Sub-Saharan Africa

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World Bank (WB)

Abstract: Using the most recent purchasing power parity data for 44 sub-Saharan African countries, this paper examines the characteristics of long run growth in Africa between 1975 and 2005. The authors investigate the following issues: cross-country income structure, income convergence, the country level distribution of income, growth and income persistence, and formation of convergence clubs.
Type: Publications & Research :: Policy Research Working Paper
Publications & Research
Link: http://hdl.handle.net/10986/7586
Subject: ABUNDANCE
AGGREGATE DEMAND
AGRICULTURE
AMERICAN ECONOMIC REVIEW
ANNUAL GROWTH
ANNUAL GROWTH RATE
AVERAGE ANNUAL
AVERAGE GROWTH
AVERAGE GROWTH RATE
AVERAGE INCOME
BENCHMARK
BENCHMARKING
BUDGET DEFICITS
CAPITA GROWTH
CAPITAL ACCUMULATION
CAPITAL FORMATION
CAPITAL INVESTMENT
CAPITAL INVESTMENTS
COMPETITIVE EXCHANGE
COMPETITIVE EXCHANGE RATES
CONVERGENCE HYPOTHESIS
CORRELATION COEFFICIENT
CORRELATION COEFFICIENTS
COUNTRY DATA
COUNTRY DUMMIES
COUNTRY GROWTH PERFORMANCE
COUNTRY INDEX
COUNTRY LEVEL
COUNTRY VARIATION
CROSS COUNTRY
CROSS COUNTRY EVIDENCE
CROSS-COUNTRY DATA
CROSS-COUNTRY INCOME
DATA SETS
DEBT
DEPENDENT VARIABLE
DESCRIPTIVE STATISTICS
DETERMINANTS OF GROWTH
DEVELOPING COUNTRIES
DEVELOPING REGIONS
DEVELOPMENT ECONOMICS
DEVELOPMENT INDICATORS
DEVELOPMENT OUTCOMES
DIVERSIFICATION
ECONOMETRIC ISSUES
ECONOMETRICS
ECONOMIC ACTIVITY
ECONOMIC CRISIS
ECONOMIC DECLINE
ECONOMIC DEVELOPMENT
ECONOMIC ENVIRONMENT
ECONOMIC GROWTH
ECONOMIC INSTABILITY
ECONOMIC OUTCOMES
ECONOMIC PERFORMANCE
ECONOMIC POTENTIAL
ECONOMIC SHOCKS
ECONOMIC STAGNATION
ECONOMIC TRENDS
ECONOMICS RESEARCH
EMPIRICAL EVIDENCE
ERROR TERM
ESTIMATED COEFFICIENT
ESTIMATED COEFFICIENTS
EXCHANGE RATES
EXPLANATORY VARIABLE
EXPLANATORY VARIABLES
EXPORT DIVERSIFICATION
EXPORTS
EXTERNAL FACTORS
EXTERNAL SHOCKS
EXTERNALITIES
FINANCIAL DEVELOPMENT
FINANCIAL MARKETS
FINANCIAL SECTOR
FIRST YEAR
FISCAL POLICIES
FLUCTUATIONS
FOREIGN AID
FOREIGN DEMAND
FOREIGN TRADE
GDP
GDP PER CAPITA
GLOBAL ECONOMY
GROSS DOMESTIC PRODUCT
GROWTH ACCELERATION
GROWTH ACCELERATIONS
GROWTH ACCOUNTING
GROWTH DATA
GROWTH EFFECT
GROWTH MEAN
GROWTH MEANS
GROWTH MODEL
GROWTH MODELS
GROWTH PATTERN
GROWTH PERFORMANCE
GROWTH PERFORMERS
GROWTH PERSISTENCE
GROWTH PROCESS
GROWTH RATES
GROWTH REGRESSIONS
GROWTH SPELLS
GROWTH STANDARD DEVIATION
GROWTH VOLATILITY
HIGH GROWTH
HIGH INCOME
HIGH INFLATION
HIGH VOLATILITY
HUMAN CAPITAL
HUMAN DEVELOPMENT
INCOME
INCOME CONVERGENCE
INCOME DISTRIBUTION
INCOME GROWTH
INCOME INEQUALITY
INCOME LEVELS
INCOME PER CAPITA
INCREASING INCOME INEQUALITY
INDEPENDENT VARIABLE
INDEPENDENT VARIABLES
INDIVIDUAL COUNTRIES
INFLATION
INTERNAL FACTORS
INTERNATIONAL MONETARY FUND
LIFE EXPECTANCY
LINK BETWEEN VOLATILITY
LONG RUN
LONG-RUN GROWTH
LONG-TERM GROWTH
MACROECONOMIC PERFORMANCE
MACROECONOMIC POLICIES
MACROECONOMIC VOLATILITY
MEAN GROWTH
MEAN INCOME
MEASURES OF VOLATILITY
MIDDLE CLASS
MIDDLE EAST
MIDDLE INCOME
MIDDLE INCOME COUNTRIES
MIDDLE-INCOME COUNTRIES
MONETARY ECONOMICS
NATIONAL INCOME
NATURAL RESOURCE ABUNDANCE
NATURAL RESOURCES
NEGATIVE RELATIONSHIP
NEW GROWTH LITERATURE
NORTH AFRICA
OIL EXPORTER
OIL EXPORTERS
OUTPUT GROWTH
OVERVALUED EXCHANGE
OVERVALUED EXCHANGE RATE
PER CAPITA GROWTH
PER CAPITA INCOME
PER CAPITA INCOMES
POLICY RESEARCH
POLITICAL ECONOMY
POOR COUNTRIES
PRIVATE SECTOR
PRODUCTIVITY CHANGE
PRODUCTIVITY GROWTH
PURCHASING POWER
PURCHASING POWER PARITY
REAL EXCHANGE RATE
REGIONAL ECONOMY
REMITTANCES
RICH COUNTRIES
SENSITIVITY ANALYSIS
SIGNIFICANT DIFFERENCES
SIGNIFICANT IMPLICATIONS
SIGNIFICANT RELATIONSHIP
SOCIAL CONFLICTS
STAGNATION
STANDARD DEVIATION
STATE EQUILIBRIUM
STRUCTURAL BREAK
STRUCTURAL COUNTRY CHARACTERISTICS
SUB-SAHARAN AFRICA
TOTAL FACTOR PRODUCTIVITY
TRADE POLICIES
TRADE SHOCKS
UNDERDEVELOPED COUNTRIES
VALUE ADDED
WEALTH




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