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Economic Growth and Total Factor Productivity in Niger

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Author Info
Thomson Fontaine
Jean-Claude Nachega
Abstract

This paper investigates empirically the sources of aggregate output growth and the determinants of total factor productivity (TFP) in Niger between 1963 and 2003. A growth accounting analysis indicates that the erosion in output per capita over the sample period is due to the negative growth of both TFP and physical capital per capita. Sound macroeconomic policies, supported by official development assistance and structural reforms, are found to be key to raising TFP growth.

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Paper provided by International Monetary Fund in its series IMF Working Papers with number 06/208.

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Length: 28 pages
Date of creation: 27 Sep 2006
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Handle: RePEc:imf:imfwpa:06/208

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Keywords: Niger ; sources of growth ; total factor productivity ; cointegration ; Economic growth ; Niger ;

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  19. King, Robert G & Levine, Ross, 1993. "Finance and Growth: Schumpeter Might Be Right," The Quarterly Journal of Economics, MIT Press, vol. 108(3), pages 717-37, August. [Downloadable!] (restricted)
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  21. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254. [Downloadable!] (restricted)
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