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Metals or Management? Explaining Africa's Recent Economic Growth Performance

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  • Laura N. Beny
  • Lisa D. Cook

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  • Laura N. Beny & Lisa D. Cook, 2009. "Metals or Management? Explaining Africa's Recent Economic Growth Performance," American Economic Review, American Economic Association, vol. 99(2), pages 268-274, May.
    • Handle: RePEc:aea:aecrev:v:99:y:2009:i:2:p:268-74
    Note: DOI: 10.1257/aer.99.2.268
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    References listed on IDEAS

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    5. Berthelemy, Jean-claude & Soderling, Ludvig, 2001. "The Role of Capital Accumulation, Adjustment and Structural Change for Economic Take-Off: Empirical Evidence from African Growth Episodes," World Development, Elsevier, vol. 29(2), pages 323-343, February.
    6. Arbache, Jorge Saba & Page, John, 2007. "Patterns of long term growth in Sub-Saharan Africa," Policy Research Working Paper Series 4398, The World Bank.
    7. Carmen M. Reinhart & Kenneth S. Rogoff, 2004. "The Modern History of Exchange Rate Arrangements: A Reinterpretation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 119(1), pages 1-48.
    8. Ricardo Hausmann & Jason Hwang & Dani Rodrik, 2007. "What you export matters," Journal of Economic Growth, Springer, vol. 12(1), pages 1-25, March.
    9. Gregory Mankiw, 1995. "The Growth of Nations," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 26(1, 25th A), pages 275-326.
    10. Vivek Arora & Athanasios Vamvakidis, 2005. "The Implications Of South African Economic Growth For The Rest Of Africa," South African Journal of Economics, Economic Society of South Africa, vol. 73(2), pages 229-242, June.
    11. Daron Acemoglu & Simon Johnson & James A. Robinson, 2002. "Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(4), pages 1231-1294.
    12. Gregory N. Price, 2003. "Economic Growth in a Cross‐section of Nonindustrial Countries: Does Colonial Heritage Matter for Africa?," Review of Development Economics, Wiley Blackwell, vol. 7(3), pages 478-495, August.
    13. Darity, William Jr., 1982. "On the long-run outcome of the Lewis-Nurkse international growth process," Journal of Development Economics, Elsevier, vol. 10(3), pages 271-278, June.
    14. Jonathan Temple, 1999. "The New Growth Evidence," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 112-156, March.
    15. Mr. Vivek B. Arora & Mr. Athanasios Vamvakidis, 2005. "The Implications of South African Economic Growth for the Rest of Africa," IMF Working Papers 2005/058, International Monetary Fund.
    16. Corden, W Max & Neary, J Peter, 1982. "Booming Sector and De-Industrialisation in a Small Open Economy," Economic Journal, Royal Economic Society, vol. 92(368), pages 825-848, December.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Addison,Tony & Boly,Amadou & Mveyange,Anthony Francis, 2017. "The impact of mining on spatial inequality recent evidence from Africa," Policy Research Working Paper Series 7960, The World Bank.
    2. Fabrizio Carmignani & Abdur Chowdhury, 2012. "The Geographical Dimension of the Development Effects of Natural Resources," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 52(4), pages 479-498, August.
    3. Wilson, Nicholas, 2016. "Antiretroviral therapy and demand for HIV testing: Evidence from Zambia," Economics & Human Biology, Elsevier, vol. 21(C), pages 221-240.
    4. Carmignani, Fabrizio & Chowdhury, Abdur, 2011. "The Development Effects of Natural Resources: A Geographical Dimension," Working Papers and Research 2011-09, Marquette University, Center for Global and Economic Studies and Department of Economics.
    5. Werner Kristjanpoller & Josephine E. Olson & Rodolfo I. Salazar, 2016. "Does the commodities boom support the export led growth hypothesis? Evidence from Latin American countries," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 25(1), pages 1-13, December.
    6. Frankel, Jeffrey A., 2010. "The Natural Resource Curse: A Survey," Scholarly Articles 4454156, Harvard Kennedy School of Government.
    7. Abdoul' Ganiou Mijiyawa, 2013. "Africa's Recent Economic Growth: What Are the Contributing Factors?," African Development Review, African Development Bank, vol. 25(3), pages 289-302, September.
    8. Lisa D. Cook, 2014. "Were the Nigerian Banking Reforms of 2005 a Success … and for the Poor?," NBER Chapters, in: African Successes, Volume III: Modernization and Development, pages 157-182, National Bureau of Economic Research, Inc.
    9. Titus Isaiah Zayone & Shida Rastegari Henneberry & Riza Radmehr, 2020. "Effects of Agricultural, Manufacturing, and Mineral Exports on Angola’s Economic Growth," Energies, MDPI, vol. 13(6), pages 1-17, March.
    10. Wilson, Nicholas, 2012. "Economic booms and risky sexual behavior: Evidence from Zambian copper mining cities," Journal of Health Economics, Elsevier, vol. 31(6), pages 797-812.
    11. Abdoul' Ganiou Mijiyawa, 2022. "External debt in developing countries since HIPC and MDRI: What are the driving factors?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(2), pages 1683-1699, April.
    12. Mr. Marcelo Martinez & Mr. Montfort Mlachila, 2013. "The Quality of the Recent High-Growth Episode in Sub-Saharan Africa," IMF Working Papers 2013/053, International Monetary Fund.
    13. Addison,Tony & Boly,Amadou & Mveyange,Anthony Francis, 2016. "Mining and economic development : did China's WTO accession affect African local economic development ?," Policy Research Working Paper Series 7906, The World Bank.
    14. Martin Paldam, 2011. "The Cycle of Development in Africa: A Story about the Power of Economic Ideas," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 147(IV), pages 427-459, December.
    15. Nicholas Wilson, 2010. "Economic Growth and the HIV/AIDS Pandemic: Evidence from the Early 21st Century Copper Boom," Center for Development Economics 2011-04, Department of Economics, Williams College.
    16. Addison,Tony & Boly,Amadou & Mveyange,Anthony Francis, 2017. "The impact of mining on spatial inequality recent evidence from Africa," Policy Research Working Paper Series 7960, The World Bank.
    17. Alice H Amsden, 2012. "Grass Roots War on Poverty," World Economic Review, World Economics Association, vol. 2012(1), pages 114-114, September.
    18. Addison,Tony & Boly,Amadou & Mveyange,Anthony Francis, 2016. "Mining and economic development : did China's WTO accession affect African local economic development ?," Policy Research Working Paper Series 7906, The World Bank.
    19. Frankel, Jeffrey A., 2012. "The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions," Scholarly Articles 8694932, Harvard Kennedy School of Government.
    20. Thomas Barnebeck Andersen & Peter Sandholt Jensen, 2014. "Is Africa's Recent Growth Sustainable?," International Economic Journal, Taylor & Francis Journals, vol. 28(2), pages 207-223, June.
    21. Pedro Concei ‹o & Ricardo Fuentes & Sebastian Levine, "undated". "Managing Natural Resources for Human Development in Low-Income Countries," UNDP Africa Policy Notes 2011-002, United Nations Development Programme, Regional Bureau for Africa.
    22. Andersen, Thomas Barnebeck & Barslund, Mikkel & Hansen, Casper Worm & Harr, Thomas & Jensen, Peter Sandholt, 2014. "How much did China's WTO accession increase economic growth in resource-rich countries?," China Economic Review, Elsevier, vol. 30(C), pages 16-26.
    23. Lisa D. Cook, 2011. "Were the Nigerian Banking Reforms of 2005 A Success ... And for the Poor?," NBER Working Papers 16890, National Bureau of Economic Research, Inc.
    24. Barnebeck Andersen,Thomas & Barslund, Mikkel & Worm Hansen, Casper & Harr, Thomas & Sandholt Jensen, Peter, 2013. "How much did China�s WTO accession increase economic growth in resource-rich countries?," CEPS Papers 8471, Centre for European Policy Studies.
    25. repec:wea:worler:v:2012:y:2012:i:1:p:7 is not listed on IDEAS

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    More about this item

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development

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