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Initial Conditions, Social Capital and Growth in Africa

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  • Temple, Jonathan

Abstract

Observable variables capturing initial conditions can account for well over half of the variation in developing country growth rates. This paper investigates their role in explaining Africa's recent economic history. Should the origins of slow growth be traced to Africa's social arrangements, high inequality and ethnic diversity? Based on cross-country empirical work, this paper argues that the best answers are yes, no and maybe. Copyright 1998 by Oxford University Press.

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Bibliographic Info

Article provided by Centre for the Study of African Economies (CSAE) in its journal Journal of African Economies.

Volume (Year): 7 (1998)
Issue (Month): 3 (October)
Pages: 309-47

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Handle: RePEc:oup:jafrec:v:7:y:1998:i:3:p:309-47

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  1. Easterly, William & Levine, Ross, 1997. "Africa's Growth Tragedy: Policies and Ethnic Divisions," The Quarterly Journal of Economics, MIT Press, vol. 112(4), pages 1203-50, November.
  2. Sachs, J-D & Warner, A-M, 1995. "Natural Resource Abundance and Economic Growth," Papers 517a, Harvard - Institute for International Development.
  3. Bertocchi, Graziella & Canova, Fabio, 2002. "Did colonization matter for growth?: An empirical exploration into the historical causes of Africa's underdevelopment," European Economic Review, Elsevier, vol. 46(10), pages 1851-1871, December.
  4. Clarke, George R. G., 1995. "More evidence on income distribution and growth," Journal of Development Economics, Elsevier, vol. 47(2), pages 403-427, August.
  5. Robert E. Hall & Charles I. Jones, 1996. "The Productivity of Nations," NBER Working Papers 5812, National Bureau of Economic Research, Inc.
  6. Ghura, Dhaneshwar, 1995. "Macro Policies, External Forces, and Economic Growth in Sub-Saharan Africa," Economic Development and Cultural Change, University of Chicago Press, vol. 43(4), pages 759-78, July.
  7. repec:fth:oxesaf:97-2.1 is not listed on IDEAS
  8. Sachs, J-D & Warner, A-M, 1996. "Sources of Slow Growth in African Economies," Papers 545, Harvard - Institute for International Development.
  9. Gyimah-Brempong, Kwabena, 1991. "Export Instability and Economic Growth in Sub-Saharan Africa," Economic Development and Cultural Change, University of Chicago Press, vol. 39(4), pages 815-28, July.
  10. Jonathan Temple, 1997. "St Adam and the Dragons: Neo-classical economics and the East Asian miracle," Oxford Development Studies, Taylor & Francis Journals, vol. 25(3), pages 279-300.
  11. Perotti, Roberto, 1993. "Political Equilibrium, Income Distribution, and Growth," Review of Economic Studies, Wiley Blackwell, vol. 60(4), pages 755-76, October.
  12. Galor, Oded & Zeira, Joseph, 1988. "Income Distribution and Macroeconomics," MPRA Paper 51644, University Library of Munich, Germany, revised 01 Sep 1989.
  13. Mick Moore, 1997. "Societies, polities and capitalists in developing countries: A literature survey," Journal of Development Studies, Taylor & Francis Journals, vol. 33(3), pages 287-363.
  14. Fosu, Augustin Kwasi, 1992. "Political Instability and Economic Growth: Evidence from Sub-Saharan Africa," Economic Development and Cultural Change, University of Chicago Press, vol. 40(4), pages 829-41, July.
  15. Fishlow, Albert, 1991. "Review of Handbook of Development Economics," Journal of Economic Literature, American Economic Association, vol. 29(4), pages 1728-37, December.
  16. Schmidt-Hebbel, K., 1995. "Fiscal Adjustment and Growth: In and Out of Africa," Papers 19s, African Economic Research Consortium.
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