Drivers of Growth: Evidence from Sub-Saharan African Countries
This study examines the drivers of growth in Sub-Saharan African countries, using aggregate data, from the past decade. We correlate recent growth experience to key determinants of growth, including private and public investment, government consumption, the exchange regime and real exchange rate, an...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
2013
|
| Series: | IMF Working Papers
Working Paper No. 13/236 |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Summary: | This study examines the drivers of growth in Sub-Saharan African countries, using aggregate data, from the past decade. We correlate recent growth experience to key determinants of growth, including private and public investment, government consumption, the exchange regime and real exchange rate, and current account liberalization, using various econometric methodologies, including fixed and random effects models, with cluster-robust standard errors. We find that, depending on the specification, higher private and public investments boost growth. Some evidence is found that government consumption exerts a drag on growth and that more flexible exchange regimes are beneficial to growth. The real exchange rate and liberalization variables are not significant |
| Physical Description: | 1 Online-Ressource (38 p) |
| ISBN: | 1475516487 9781475516487 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:14Z |
| indexdate | 2024-07-10T09:35:21Z |
| institution | BVB |
| isbn | 1475516487 9781475516487 |
| language | English |
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| owner | DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM |
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| spelling | Ghazanchyan, Manuk Verfasser aut Drivers of Growth Evidence from Sub-Saharan African Countries Ghazanchyan, Manuk Washington, D.C International Monetary Fund 2013 1 Online-Ressource (38 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 13/236 This study examines the drivers of growth in Sub-Saharan African countries, using aggregate data, from the past decade. We correlate recent growth experience to key determinants of growth, including private and public investment, government consumption, the exchange regime and real exchange rate, and current account liberalization, using various econometric methodologies, including fixed and random effects models, with cluster-robust standard errors. We find that, depending on the specification, higher private and public investments boost growth. Some evidence is found that government consumption exerts a drag on growth and that more flexible exchange regimes are beneficial to growth. The real exchange rate and liberalization variables are not significant Online-Ausg Stotsky, Janet Gale Sonstige oth http://elibrary.imf.org/view/IMF001/20905-9781475516487/20905-9781475516487/20905-9781475516487.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Ghazanchyan, Manuk Drivers of Growth Evidence from Sub-Saharan African Countries |
| title | Drivers of Growth Evidence from Sub-Saharan African Countries |
| title_auth | Drivers of Growth Evidence from Sub-Saharan African Countries |
| title_exact_search | Drivers of Growth Evidence from Sub-Saharan African Countries |
| title_exact_search_txtP | Drivers of Growth Evidence from Sub-Saharan African Countries |
| title_full | Drivers of Growth Evidence from Sub-Saharan African Countries Ghazanchyan, Manuk |
| title_fullStr | Drivers of Growth Evidence from Sub-Saharan African Countries Ghazanchyan, Manuk |
| title_full_unstemmed | Drivers of Growth Evidence from Sub-Saharan African Countries Ghazanchyan, Manuk |
| title_short | Drivers of Growth |
| title_sort | drivers of growth evidence from sub saharan african countries |
| title_sub | Evidence from Sub-Saharan African Countries |
| url | http://elibrary.imf.org/view/IMF001/20905-9781475516487/20905-9781475516487/20905-9781475516487.xml |
| work_keys_str_mv | AT ghazanchyanmanuk driversofgrowthevidencefromsubsaharanafricancountries AT stotskyjanetgale driversofgrowthevidencefromsubsaharanafricancountries |