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Manufacturing And Development In Countries And Areas Of Africa, 2000-2010

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  • GUISAN, Maria-Carmen

Abstract

In this study we analyze the evolution of economic development in 6 areas and 38 countries of Africa for the period 2000-2010. We find that industrialization in Africa shows little increase with an average value added of Manufacturing per head, at constant prices, of only 278 in year 2000 and 282 in year 2010, clearly below World average. Northern Africa and Southern Africa are the areas with the highest levels in Africa, but with relatively low values, below 1000 Dollars per head, in comparison with World average. North West Africa and Eastern Africa have low values although with a positive evolution for that period, while Sahel-Central Africa and North East Africa show very low values and stagnation for the period 2000-2010. We find that it is of great importance to foster the educational level of human capital, health assistance, infrastructures and conditions to favour industrial development and tourism in many countries and areas of Africa. As seen in this and other studies, empirical evidence shows the great importance of Kaldor´s views on the positive impact of industrialization on economic development. We estimate an econometric model that shows the positive impact of manufacturing on economic development of African countries. International cooperation through foreign investment and official development aid is interesting but we must have into account other ways of international cooperation like private foundations, foreign trade of goods and tourism, accordingly to Guisan, Aguayo and Exposito(2015), and other studies that quantify and analyze several ways of international cooperation to foster socio-economic development in low income countries.

Suggested Citation

  • GUISAN, Maria-Carmen, 2017. "Manufacturing And Development In Countries And Areas Of Africa, 2000-2010," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 17(2), pages 137-148.
  • Handle: RePEc:eaa:eerese:v:17:y2017:i:2_9
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    File URL: http://www.usc.es/~economet/reviews/eers1729.pdf
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    References listed on IDEAS

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    1. Christopher E.S. WARBURTON, 2012. "ISI and New Industrial Conditions in Latin America and Africa," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 12(2).
    2. Ferreira, I.A.R. & Simoes, M.C.N., 2013. "Aid And Growth: A Comparative Study Between Sub-Saharan Africa And Asia," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 13(1), pages 113-132.
    3. GUISAN, Carmen & Neira, Isabel, 2006. "Direct and Indirect Effects of Human Capital on World Development, 1960-2004," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 6(1), pages 17-34.
    4. GUISAN, Maria-Carmen & EXPOSITO, Pilar, 2015. "Manufacturing And Development In Countries And Areas Of Asia-Pacific, 2000-2010," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 15(2), pages 203-208.
    5. Guisan, M. Carmen, 1997. "Economic growth and education: a new international policy," Economic Development 18, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    6. Guisan, M.Carmen & Aguayo, Eva & Exposito, Pilar, 2001. "Education and World Development in 1900-1999: A General View and Challenges for the Near Future," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 1(1), pages 101-110.
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    Cited by:

    1. Simplice Asongu & Uduak S. Akpan & Salisu R. Isihak, 2018. "Determinants of foreign direct investment in fast-growing economies: evidence from the BRICS and MINT countries," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 4(1), pages 1-17, December.
    2. ASONGU, Simplice & ODHIAMBO, Nicholas, 2018. "Drivers Of Growth In Fast Emerging Economies: A Dynamic Instrumental Quantile Approach To Real Output And Its Rates Of Growth In Brics And Mint Countries, 2001-2011," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 18(1), pages 5-22.
    3. repec:sdo:regaec:v:27:y:2018:i:1_7 is not listed on IDEAS
    4. repec:sdo:regaec:v:26:y:2017:i:3_6 is not listed on IDEAS
    5. repec:eaa:eerese:v:18:y2018:i:1_1 is not listed on IDEAS

    More about this item

    Keywords

    Kaldor; Industry; Manufacturing; African countries; Development for 2000-2010; Econometric Model.;

    JEL classification:

    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O51 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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