Political Institutions And Economic Growth In Africa
AbstractThe purpose 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 'African 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 EconWPA in its series Development and Comp Systems with number 0409028.
Length: 25 pages
Date of creation: 22 Sep 2004
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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 H. Bates, 2003. "Political Institutions and Economic Growth in Africa," Economics Series Working Papers WPS/2003-03, University of Oxford, Department of Economics.
This paper has been announced in the following NEP Reports:
- NEP-AFR-2004-09-30 (Africa)
- NEP-ALL-2004-09-30 (All new papers)
- NEP-DEV-2004-09-30 (Development)
- NEP-POL-2004-09-30 (Positive Political Economics)
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