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The African Growth Miracle

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  • Alwyn Young

Abstract

Measures of real consumption based on the ownership of durable goods, the quality of housing, the health and mortality of children, the education of youths, and the allocation of female time in the household indicate that sub-Saharan living standards have, for the past two decades, been growing about 3.4-3.7 percent per year, that is, three and a half to four times the rate indicated in international data sets.

Suggested Citation

  • Alwyn Young, 2012. "The African Growth Miracle," Journal of Political Economy, University of Chicago Press, vol. 120(4), pages 696-739.
    • Handle: RePEc:ucp:jpolec:doi:10.1086/668501
    DOI: 10.1086/668501
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    References listed on IDEAS

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    3. Johnson, Simon & Larson, William & Papageorgiou, Chris & Subramanian, Arvind, 2013. "Is newer better? Penn World Table Revisions and their impact on growth estimates," Journal of Monetary Economics, Elsevier, vol. 60(2), pages 255-274.
    4. Heston, Alan, 1994. "A brief review of some problems in using national accounts data in level of output comparisons and growth studies," Journal of Development Economics, Elsevier, vol. 44(1), pages 29-52, June.
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