Political Institutions and Economic Growth in Africa
AbstractThe purposes of this paper include (a) a review of the literature on the so-called African dummy; (b) an explication of the system GMM method of estimation, by which Hoeffler (2002) shows the Africa dummy to be an artifact of the application of inappropriate estimation techniques; and (c) an effort to employ this technique to measure the impact of political variables - measures of stability, regime type, and violence - on economic growth in Africa.
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Bibliographic InfoPaper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number WPS/2003-03.
Date of creation: 01 Mar 2003
Date of revision:
Other versions of this item:
- Janvier D. Nkurunziza & Robert H. Bates, 2003. "Political Institutions and Economic Growth in Africa," CSAE Working Paper Series 2003-03, Centre for the Study of African Economies, University of Oxford.
- Janvier Nkurunziza & Robert Bates, 2004. "Political Institutions And Economic Growth In Africa," Development and Comp Systems 0409028, EconWPA.
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