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Does Intelligence Affect Economic Diversification?

Author

Listed:
  • Kodila-Tedika Oasis

    (Université de Kinshasa,Kinshasa, Democratic Republic of the Congo)

  • Asongu Simplice A.

    (African Governance and Development Institute,Hague, The Netherlands)

Abstract

This paper extends the growing literature on knowledge economy by investigating the effect of intelligence on economic diversification. Using a battery of estimation techniques that are robust to endogeneity, we find that human capital has positive correlations with export diversification, manufactured added value and export manufactures. This empirical evidence is based on a world sample of 170 countries for the year 2010. The findings have significant implications for the fight against the Dutch disease. In essence, investing in human capital could bring economic diversity and therefore dampen negative external shocks related to resource-dependence. Other knowledge-economy implications are discussed.

Suggested Citation

  • Kodila-Tedika Oasis & Asongu Simplice A., 2018. "Does Intelligence Affect Economic Diversification?," German Economic Review, De Gruyter, vol. 19(1), pages 74-93, February.
    • Handle: RePEc:bpj:germec:v:19:y:2018:i:1:p:74-93
    DOI: 10.1111/geer.12115
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    Cited by:

    1. Simplice A. Asongu & Oasis Kodila-Tedika, 2020. "Intelligence and Slave Exports from Africa," Journal of Interdisciplinary Economics, , vol. 32(2), pages 145-159, July.

    More about this item

    Keywords

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    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • I2 - Health, Education, and Welfare - - Education

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