GDP per Capita among African Countries over the Period 1950–2008: Highlights of Convergence Clubs
Using intradistribution dynamics and panel unit root tests, this study considers the economic convergence processes of 53 African countries during the period 1950–2008. The stochastic evidence reveals no global convergence among African countries but provides indications of convergence clubs. The poorest countries remained relatively poor, stuck in a poverty trap, whereas countries with the best initial conditions converged. The analysis of structural characteristics reveals that the significant determinants of the constitution of convergence clubs among African countries are openness, foreign direct investment inflows, and the level of development. In a few cases, tests also highlight the production structure and access to the sea as determinants.
Volume (Year): 32 (2012)
Issue (Month): 4 ()
|Contact details of provider:|| |
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- repec:ebl:ecbull:v:3:y:2005:i:38:p:1-17 is not listed on IDEAS
- Galor, Oded, 1996.
"Convergence? Inferences from Theoretical Models,"
Royal Economic Society, vol. 106(437), pages 1056-69, July.
- Block, S.A., 1999.
"Does Africa Grow Differently?,"
Equity and Growth through Economic Research
31, EAGER Publication/BHM.
- Bernard, Andrew B. & Durlauf, Steven N., 1996.
"Interpreting tests of the convergence hypothesis,"
Journal of Econometrics,
Elsevier, vol. 71(1-2), pages 161-173.
- Bernard, A.B. & Durlauf, S.N., 1994. "Interpreting Tests of the Convergence Hypothesis," Working papers 9401r, Wisconsin Madison - Social Systems.
- Andrew B. Bernard & Steven N. Durlauf, 1994. "Interpreting Tests of the Convergence Hypothesis," NBER Technical Working Papers 0159, National Bureau of Economic Research, Inc.
- Bertocchi, Graziella & Canova, Fabio, 1996.
"Did Colonization Matter for Growth? An Empirical Exploration into the Historical Causes of Africa's Underdevelopment,"
CEPR Discussion Papers
1444, C.E.P.R. Discussion Papers.
- Bertocchi, Graziella & Canova, Fabio, 2002. "Did colonization matter for growth?: An empirical exploration into the historical causes of Africa's underdevelopment," European Economic Review, Elsevier, vol. 46(10), pages 1851-1871, December.
- Graziella Bertocchi & Fabio Canova, 1996. "Did colonization matter for growth? An empirical exploration into the historical causes of Africa's underdevelopment," Economics Working Papers 202, Department of Economics and Business, Universitat Pompeu Fabra.
- Christophe Hurlin & Valérie Mignon, 2005.
"Une synthèse des tests de racine unitaire sur données de panel,"
Économie et Prévision,
Programme National Persée, vol. 169(3), pages 253-294.
- Christophe Hurlin & Valérie Mignon, 2006. "Une Synthèse des Tests de Racine Unitaire sur Données de Panel," Post-Print halshs-00078770, HAL.
- Cunado, J. & Perez de Gracia, F., 2006. "Real convergence in Africa in the second-half of the 20th century," Journal of Economics and Business, Elsevier, vol. 58(2), pages 153-167.
- Mauro Costantini & Claudio Lupi, 2005. "Stochastic convergence among European economies," Economics Bulletin, AccessEcon, vol. 3(38), pages 1-17.
- Fabrizio Carmignani, 2006.
"The Road to Regional Integration in Africa: Macroeconomic Convergence and Performance in COMESA,"
Journal of African Economies,
Centre for the Study of African Economies (CSAE), vol. 15(2), pages 212-250, June.
- Fabrizio Carmignani, 2003. "The Road to Regional Integration in Africa: Macroeconomic Convergence and Performance in COMESA," Working Papers 67, University of Milano-Bicocca, Department of Economics, revised Dec 2003.
- Roberto Basile, 2007.
"Intra-distribution dynamics of regional per-capita income in Europe: evidence from alternative conditional density estimators,"
ISAE Working Papers
75, ISTAT - Italian National Institute of Statistics - (Rome, ITALY).
- Roberto Basile, 2010. "Intra-distribution dynamics of regional per-capita income in Europe: evidence from alternative conditional density estimators," Statistica, Department of Statistics, University of Bologna, vol. 70(1), pages 3-22.
- Amélie Charles & Olivier Darne & Jean-François Hoarau, 2012. "Convergence of real per capita GDP within COMESA countries: A panel unit root evidence," The Annals of Regional Science, Springer, vol. 49(1), pages 53-71, August.
- Latif A.G. Dramani, 2010. "Convergence and Economic Integration in Africa: the Case of the Franc Zone Countries," Research Papers RP_200, African Economic Research Consortium.
- Carmignani, Fabrizio, 2007.
"A note on income converge effects in regional integration agreements,"
Elsevier, vol. 94(3), pages 361-366, March.
- Fabrizio Carmignani, 2005. "A Note On Income Converge Effects In Regional Integration Agreements," International Trade 0506005, EconWPA.
- Bartkowska, Monika & Riedl, Aleksandra, 2012. "Regional convergence clubs in Europe: Identification and conditioning factors," Economic Modelling, Elsevier, vol. 29(1), pages 22-31.
- Olivier Peron & Serge Rey, 2012. "Trade and convergence of per capita income in the Indian Ocean Zone, 1950–2008," The Annals of Regional Science, Springer, vol. 49(3), pages 657-683, December.
- Paap, Richard & Franses, Philip Hans & van Dijk, Dick, 2005. "Does Africa grow slower than Asia, Latin America and the Middle East? Evidence from a new data-based classification method," Journal of Development Economics, Elsevier, vol. 77(2), pages 553-570, August.
When requesting a correction, please mention this item's handle: RePEc:ebl:ecbull:eb-12-00525. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (John P. Conley)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.