Advanced Search
MyIDEAS: Login to save this article or follow this journal

GDP per Capita among African Countries over the Period 1950–2008: Highlights of Convergence Clubs

Contents:

Author Info

  • Serge Rey

    ()
    (CATT-UNIV PAU & PAYS ADOUR)

  • Florent Deisting

    ()
    (ESC-Pau IRMAPE & CATT-UNIV PAU & PAYS ADOUR)

Abstract

Using intradistribution dynamics and panel unit root tests, this study considers the economic convergence processes of 53 African countries during the period 1950–2008. The stochastic evidence reveals no global convergence among African countries but provides indications of convergence clubs. The poorest countries remained relatively poor, stuck in a poverty trap, whereas countries with the best initial conditions converged. The analysis of structural characteristics reveals that the significant determinants of the constitution of convergence clubs among African countries are openness, foreign direct investment inflows, and the level of development. In a few cases, tests also highlight the production structure and access to the sea as determinants.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.accessecon.com/Pubs/EB/2012/Volume32/EB-12-V32-I4-P268.pdf
Download Restriction: no

Bibliographic Info

Article provided by AccessEcon in its journal Economics Bulletin.

Volume (Year): 32 (2012)
Issue (Month): 4 ()
Pages: 2779-2800

as in new window
Handle: RePEc:ebl:ecbull:eb-12-00525

Contact details of provider:

Related research

Keywords: Convergence; Clubs; Distribution dynamics; Kernel stochastic; stochastic convergence; Africa;

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Fabrizio Carmignani, 2005. "A Note On Income Converge Effects In Regional Integration Agreements," International Trade 0506005, EconWPA.
  2. Christophe Hurlin & Valérie Mignon, 2005. "Une synthèse des tests de racine unitaire sur données de panel," Économie et Prévision, Programme National Persée, vol. 169(3), pages 253-294.
  3. Bartkowska, Monika & Riedl, Aleksandra, 2012. "Regional convergence clubs in Europe: Identification and conditioning factors," Economic Modelling, Elsevier, vol. 29(1), pages 22-31.
  4. Bertocchi, Graziella & Canova, Fabio, 1996. "Did Colonization Matter for Growth? An Empirical Exploration into the Historical Causes of Africa's Underdevelopment," CEPR Discussion Papers 1444, C.E.P.R. Discussion Papers.
  5. Olivier Peron & Serge Rey, 2012. "Trade and convergence of per capita income in the Indian Ocean Zone, 1950–2008," The Annals of Regional Science, Springer, vol. 49(3), pages 657-683, December.
  6. Roberto Basile, 2010. "Intra-distribution dynamics of regional per-capita income in Europe: evidence from alternative conditional density estimators," Statistica, Department of Statistics, University of Bologna, vol. 70(1), pages 3-22.
  7. Paap, Richard & Franses, Philip Hans & van Dijk, Dick, 2005. "Does Africa grow slower than Asia, Latin America and the Middle East? Evidence from a new data-based classification method," Journal of Development Economics, Elsevier, vol. 77(2), pages 553-570, August.
  8. Fabrizio Carmignani, 2006. "The Road to Regional Integration in Africa: Macroeconomic Convergence and Performance in COMESA," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 15(2), pages 212-250, June.
  9. Andrew B. Bernard & Steven N. Durlauf, 1994. "Interpreting Tests of the Convergence Hypothesis," NBER Technical Working Papers 0159, National Bureau of Economic Research, Inc.
  10. Block, S.A., 1999. "Does Africa Grow Differently?," Equity and Growth through Economic Research 31, EAGER Publication/BHM.
  11. Cunado, J. & Perez de Gracia, F., 2006. "Real convergence in Africa in the second-half of the 20th century," Journal of Economics and Business, Elsevier, vol. 58(2), pages 153-167.
  12. repec:ebl:ecbull:v:3:y:2005:i:38:p:1-17 is not listed on IDEAS
  13. Latif A.G. Dramani, 2010. "Convergence and Economic Integration in Africa: the Case of the Franc Zone Countries," Research Papers RP_200, African Economic Research Consortium.
  14. Mauro Costantini & Claudio Lupi, 2005. "Stochastic convergence among European economies," Economics Bulletin, AccessEcon, vol. 3(38), pages 1-17.
  15. Amélie Charles & Olivier Darne & Jean-François Hoarau, 2012. "Convergence of real per capita GDP within COMESA countries: A panel unit root evidence," The Annals of Regional Science, Springer, vol. 49(1), pages 53-71, August.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ebl:ecbull:eb-12-00525. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (John P. Conley).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.