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The African Growth Miracle

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  • Alwyn Young
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    Abstract

    Measures of real consumption based upon the ownership of durable goods, the quality of housing, the health and mortality of children, the education of youth and the allocation of female time in the household indicate that sub-Saharan living standards have, for the past two decades, been growing about 3.4 to 3.7 percent per annum, i.e. three and a half to four times the rate indicated in international data sets.

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    Bibliographic Info

    Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 18490.

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    Date of creation: Oct 2012
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    Handle: RePEc:nbr:nberwo:18490

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    References

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    1. Johnson, Simon & Larson, William & Papageorgiou, Chris & Subramanian, Arvind, 2013. "Is newer better? Penn World Table Revisions and their impact on growth estimates," Journal of Monetary Economics, Elsevier, vol. 60(2), pages 255-274.
    2. Murphy, Kevin M & Topel, Robert H, 2002. "Estimation and Inference in Two-Step Econometric Models," Journal of Business & Economic Statistics, American Statistical Association, vol. 20(1), pages 88-97, January.
    3. Chamberlain, Gary, 1980. "Analysis of Covariance with Qualitative Data," Review of Economic Studies, Wiley Blackwell, vol. 47(1), pages 225-38, January.
    4. Psacharopoulos, George, 1993. "Returns to investment in education : a global update," Policy Research Working Paper Series 1067, The World Bank.
    5. Heston, Alan, 1994. "A brief review of some problems in using national accounts data in level of output comparisons and growth studies," Journal of Development Economics, Elsevier, vol. 44(1), pages 29-52, June.
    6. James W. Hardin, 2002. "The robust variance estimator for two-stage models," Stata Journal, StataCorp LP, vol. 2(3), pages 253-266, August.
    7. Gary S. Becker & Tomas J. Philipson & Rodrigo R. Soares, 2003. "The Quantity and Quality of Life and the Evolution of World Inequality," NBER Working Papers 9765, National Bureau of Economic Research, Inc.
    8. Butler, J S & Moffitt, Robert, 1982. "A Computationally Efficient Quadrature Procedure for the One-Factor Multinomial Probit Model," Econometrica, Econometric Society, vol. 50(3), pages 761-64, May.
    9. Gabler, Siegfried & Laisney, Francois & Lechner, Michael, 1993. "Seminonparametric Estimation of Binary-Choice Models with an Application to Labor-Force Participation," Journal of Business & Economic Statistics, American Statistical Association, vol. 11(1), pages 61-80, January.
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Is Africa doing much better than we thought?
      by Economic Logician in Economic Logic on 2012-11-26 15:24:00
    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:
    1. Pinkovskiy, Maxim L. & Sala-i-Martin, Xavier X., 2014. "Lights, camera,...income! Estimating poverty using national accounts, survey means, and lights," Staff Reports 669, Federal Reserve Bank of New York.
    2. Manoel Bittencourt, 2014. "Education and Fertility: Panel Time-Series Evidence from Southern Africa," Working Papers 201402, University of Pretoria, Department of Economics.
    3. Peter Boone & Ila Fazzio & Kameshwari Jandhyala & Chitra Jayanty & Gangadhar Jayanty & Simon Johnson & Vimala Ramachandrin & Filipa Silva & Zhaoguo Zhan, 2013. "The Surprisingly Dire Situation of Children's Education in Rural West Africa: Results from the CREO Study in Guinea-Bissau," CEP Discussion Papers dp1201, Centre for Economic Performance, LSE.
    4. Peter Boone & Ila Fazzio & Kameshwari Jandhyala & Chitra Jayanty & Gangadhar Jayanty & Simon Johnson & Vimala Ramachandrin & Filipa Silva & Zhaoguo Zhan, 2013. "The surprisingly dire situation of children's education in rural west Africa: results from the CREO study in Guinea-Bissau," LSE Research Online Documents on Economics 51535, London School of Economics and Political Science, LSE Library.
    5. Fernandes, Cristina & Crespo, Nuno & Simoes, Nadia, 2013. "Poverty, Richness, and Inequality: Evidence for Portugal Using a Housing Comfort Index," MPRA Paper 52456, University Library of Munich, Germany.
    6. Manoel Bittencourt, 2014. "Primary Education and Fertility Rates in Southern Africa: Evidence from Before the Demographic Transition," Working Papers 201404, University of Pretoria, Department of Economics.
    7. Peter Boone & Ila Fazzio & Kameshwari Jandhyala & Chitra Jayanty & Gangadhar Jayanty & Simon Johnson & Vimala Ramachandrin & Filipa Silva & Zhaoguo Zhan, 2014. "The Surprisingly Dire Situation of Children's Education in Rural West Africa," NBER Chapters, in: African Successes: Human Capital National Bureau of Economic Research, Inc.

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