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Economic Development, Institutional Quality and Regional integration: Evidence from Africa Countries

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  • Enowbi Batuo, Michael
  • Fabro, Gema

Abstract

The aim of this paper is to provide new empirical evidence about the determinants of per capita income in African countries, with particular attention to the affects of governance institutional quality and sub regional integration on income level. We use a sample of 49 countries from the period 1996-2004 and the Generalized Method of Moments Estimation model for dynamic panel, proposed by Arellano and Bond (1991). The results show that African regional groups with better institutions, higher degrees of regional integration cooperation, higher rates of investment in human capital and lower rates of population growth, show a higher level of per capita income

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 19069.

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Date of creation: Nov 2009
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Handle: RePEc:pra:mprapa:19069

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Keywords: Sub-Regional Integration; Institutional Quality; Economic development;

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  1. Mauro, Paolo, 1995. "Corruption and Growth," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 110(3), pages 681-712, August.
  2. Ahmet Faruk Aysan & M.-K. Nabli & Marie-Ange Veganzones, 2011. "Governance and Private Investment in the Middle East and North Africa," Working Papers halshs-00557250, HAL.
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  6. José Aixalá & Gema Fabro, 2008. "Does The Impact Of Institutional Quality On Economic Growth Depend On Initial Income Level?," Economic Affairs, Wiley Blackwell, Wiley Blackwell, vol. 28(3), pages 45-49, 09.
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  9. Clague, Christopher & Keefer, Philip & Knack, Stephen & Olson, Mancur, 1996. "Property and Contract Rights in Autocracies and Democracies," MPRA Paper 25720, University Library of Munich, Germany.
  10. Clague, Christopher, et al, 1996. " Property and Contract Rights in Autocracies and Democracies," Journal of Economic Growth, Springer, Springer, vol. 1(2), pages 243-76, June.
  11. Alesina, Alberto & La Ferrara, Eliana, 2005. "Ethnic Diversity and Economic Performance," Scholarly Articles 4553005, Harvard University Department of Economics.
  12. Adam Przeworski & Fernando Limongi, 1993. "Political Regimes and Economic Growth," Journal of Economic Perspectives, American Economic Association, vol. 7(3), pages 51-69, Summer.
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