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Policy Issues and Empirical Assessment of Economic Performance: The Cases of African Countries, 1970-1999

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  • Francois K. Doamekpor

    (Department of Public Administration and Urban Studies, 266D Polsky Building, The University of Akron, Akron, OH 44325-7904, USA, Francoi@uakron.edu)

Abstract

This study uses international data to examine the relationship between economic performance and its determinants for selected countries in the African Region. Performance is defined as a positive increase in the average growth rate of the gross domestic product. The study covers approximately 30 years, 1970 through 1999, and involves 42 African countries. After controlling for the effects of geographic location and years of independent policy-making, the results indicate that capital and exports contributed significantly to the growth of the gross domestic product. Labor, on the other hand, did not conform to the hypothesized formulation of a positive effect on output growth.

Suggested Citation

  • Francois K. Doamekpor, 2004. "Policy Issues and Empirical Assessment of Economic Performance: The Cases of African Countries, 1970-1999," Journal of Developing Societies, , vol. 20(1-2), pages 57-78, June.
    • Handle: RePEc:sae:jodeso:v:20:y:2004:i:1-2:p:57-78
    DOI: 10.1177/0169796X04048303
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