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Les déterminants de la croissance économique en Afrique subsaharienne : une analyse empirique

The paper investigates empirically the déterminants of per capita economic growth for a large sample of sub-saharan African countries during 1975-l992. It draws on the recent endogeous-growth methodology to study the factors behind differences in per capita growth rates accross these countries. With an augmented Solow rnodel that includes accumulation of human capital, the results indicate that an inctease in investment has a relatively large positive impact on per capita growth.Growth is stimulated by public policies that lower the budget deficit and the rate of inflation. These policies maintain externe competitiveness, encourage human capital development and slow population growt.Finally, per capita income converges after controlling for capital development... (Full text in French)

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Paper provided by Groupe d'Economie du Développement de l'Université Montesquieu Bordeaux IV in its series Documents de travail with number 29.

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Length: 13 pages
Date of creation: Oct 1998
Handle: RePEc:mon:ceddtr:29
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