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Examining the Robustness of Competing Explanations of Slow Growth in African Countries

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Ronelle Burger,
Stan du Plessis

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Abstract

This research challenges previous findings regarding the robustness of the African growth dummy by expanding the list of variables to include those suggested by Easterly and Levine (1998) and Sachs and Warner (1997b). Using the Bayesian Averaging of Classical Estimates approach, this paper concludes that the African growth dummy does not appear to be robustly related to growth. This supports the interpretation that the presence of the African dummy in other studies results from misspecification. The paper also contributes to the debate on growth strategies for Africa by assessing the robustness of divergent perspectives offered in the recent literature.

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Paper provided by University of Nottingham, CREDIT in its series Discussion Papers with number 06/02.

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Handle: RePEc:not:notcre:06/02

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Keywords: growth Africa model specification robustness

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  1. repec:rus:hseeco:70719 is not listed on IDEAS
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  13. Sahn, David E. & Stifel, David C., 2000. "Poverty Comparisons Over Time and Across Countries in Africa," World Development, Elsevier, vol. 28(12), pages 2123-2155, December. [Downloadable!] (restricted)
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  22. Sachs, Jeffrey D. & Warner, Andrew M., 2001. "The curse of natural resources," European Economic Review, Elsevier, vol. 45(4-6), pages 827-838, May. [Downloadable!] (restricted)
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  24. Robert E. Lucas, Jr., 1989. "On the Mechanics of Economic Development," NBER Reprints 1176, National Bureau of Economic Research, Inc.
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