Why is Africa so poor? A structural model of economic development and income inequality
AbstractThe paper extends existing work on inequality and economic development by estimating a cross-country structural model that identifies bi-directional relationships between income inequality and other indicators of social and economic development. Overall, lower inequality is associated with improvements in other development indicators, but this is the result of several complex interactions. The most striking feature of the structural model is the insight it provides into the reasons behind the negative “Africa dummy” in previous cross-country growth studies.
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Bibliographic InfoPaper provided by Centre for the Study of African Economies, University of Oxford in its series CSAE Working Paper Series with number 2001-05.
Date of creation: 2001
Date of revision:
income distribution; social and economic development;
Other versions of this item:
- David Fielding, 2000. "Why is Africa so Poor? A Structural Model of Economic Development and Income Inequality," Economics Series Working Papers, University of Oxford, Department of Economics WPS/2001-05, University of Oxford, Department of Economics.
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
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- Barro, R.J., 1989.
"Economic Growth In A Cross Section Of Countries,"
RCER Working Papers, University of Rochester - Center for Economic Research (RCER)
201, University of Rochester - Center for Economic Research (RCER).
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- Frankema, Ewout & Bolt, Jutta, 2006. "Measuring and Analysing Educational Inequality: The Distribution of Grade Enrolment Rates in Latin America and Sub-Saharan Africa," GGDC Research Memorandum, Groningen Growth and Development Centre, University of Groningen GD-86, Groningen Growth and Development Centre, University of Groningen.
- Gary G. Moser & Toshihiro Ichida, 2001. "Economic Growth and Poverty Reduction in Sub-Saharan Africa," IMF Working Papers, International Monetary Fund 01/112, International Monetary Fund.
- Angela Akorsu, 2013. "Labour Standards Application In The Informal Economy Of Ghana: The Patterns And Pressures," Economic Annals, Faculty of Economics, University of Belgrade, vol. 58(196), pages 157-176, January â.
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