Universität zu Köln

Badunenko, Oleg, Henderson, Daniel J. and Houssa, Romain (2014). Significant drivers of growth in Africa. J. Prod. Anal., 42 (3). S. 339 - 355. DORDRECHT: SPRINGER. ISSN 1573-0441

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Abstract

We employ bootstrap techniques in a production frontier framework to provide statistical inference for each component in the decomposition of labor productivity growth, which has essentially been ignored in this literature. We show that only two of the four components (efficiency changes and human capital accumulation) have significantly contributed to growth in Africa. Although physical capital accumulation is the largest force, it is not statistically significant on average. Thus, ignoring statistical significance would falsely identify physical capital accumulation as a major driver of growth in Africa when it is not.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Badunenko, Oleg UNSPECIFIED UNSPECIFIED UNSPECIFIED Henderson, Daniel J. UNSPECIFIED UNSPECIFIED UNSPECIFIED Houssa, Romain UNSPECIFIED UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-422238
DOI:	10.1007/s11123-014-0400-4
Journal or Publication Title:	J. Prod. Anal.
Volume:	42
Number:	3
Page Range:	S. 339 - 355
Date:	2014
Publisher:	SPRINGER
Place of Publication:	DORDRECHT
ISSN:	1573-0441
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language NONPARAMETRIC FRONTIER MODELS; ECONOMIC-GROWTH; IVORY-COAST; RELATIVE CONTRIBUTIONS; TECHNOLOGICAL-CHANGE; EFFICIENCY SCORES; DEA ESTIMATORS; COTE-DIVOIRE; CIVIL-WAR; CONVERGENCE Multiple languages Business; Economics; Social Sciences, Mathematical Methods Multiple languages
URI:	http://kups.ub.uni-koeln.de/id/eprint/42223