Rough and lonely road to prosperity: a reexamination of the sources of growth in Africa using Bayesian model averaging (replication data)

DOI

This paper takes a fresh look at Africa's growth experience by using the Bayesian model averaging (BMA) methodology. BMA enables us to consider a large number of potential explanatory variables and sort out which of these variable can effectively explain Africa's growth experience. Posterior coefficient estimates reveal that key engines of growth in Africa are substantially different from those in the rest of the world. More precisely, it is shown that mining, primary exports and initial primary education exerted differential effect on African growth. These results are examined in relation to the existing literature.

Identifier
DOI https://doi.org/10.15456/jae.2022319.0720554612
Metadata Access https://www.da-ra.de/oaip/oai?verb=GetRecord&metadataPrefix=oai_dc&identifier=oai:oai.da-ra.de:775962
Provenance
Creator Masanjala, Winford H.; Papageorgiou, Chris
Publisher ZBW - Leibniz Informationszentrum Wirtschaft
Publication Year 2008
Rights Creative Commons Attribution 4.0 (CC-BY); Download
OpenAccess true
Contact ZBW - Leibniz Informationszentrum Wirtschaft
Representation
Language English
Resource Type Collection
Discipline Economics; Social and Behavioural Sciences