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Examining the Robustness of Competing Explanations of Slow Growth in African Countries

  • Stan du Plessis

    ()

    (Department of Economics, Stellenbosch University)

  • Ronelle Burger

    ()

    (Department of Economics, Stellenbosch University)

This research challenges previous findings regarding the robustness of the African growth dummy by expanding the list of variables to include those suggested by Easterly and Levine (1998) and Sachs and Warner (1997b). Using the Bayesing Averaging of Classical Estimates Approach, this paper concludes that the African growth dummy does not appear to be robustly related to growth. This supports the interpretation that the presence of the African dummy in other studies results from misspecification. This paper also contributes to the debate on growth strategies for Africa by assessing the robustness of divergent perspectives offered in the recent literature.

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File URL: http://www.ekon.sun.ac.za/wpapers/2006/wp032006/wp-03-2006.pdf
File Function: First version, 2006
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Paper provided by Stellenbosch University, Department of Economics in its series Working Papers with number 03/2006.

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Date of creation: 2006
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Handle: RePEc:sza:wpaper:wpapers17
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  9. Gernot Doppelhofer & Ronald I. Miller & Xavier Sala-i-Martin, 2000. "Determinants of Long-Term Growth: A Bayesian Averaging of Classical Estimates (Bace) Approach," OECD Economics Department Working Papers 266, OECD Publishing.
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  20. Sahn, David E. & Stifel, David C., 2000. "Poverty Comparisons Over Time and Across Countries in Africa," World Development, Elsevier, vol. 28(12), pages 2123-2155, December.
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  24. Paul Collier & Jan Willem Gunning, 1998. "Explaining African economic performance," Economics Series Working Papers WPS/1997-02.2, University of Oxford, Department of Economics.
  25. Bleaney, Michael & Nishiyama, Akira, 2002. "Explaining Growth: A Contest between Models," Journal of Economic Growth, Springer, vol. 7(1), pages 43-56, March.
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