Patterns of Long Term Growth in Sub-Saharan Africa

Using the most recent purchasing power parity data for 44 sub-Saharan African countries, this paper examines the characteristics of long run growth in Africa between 1975 and 2005. The authors investigate the following issues: cross-country income...

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Bibliographic Details
Main Authors: Arbache, Jorge Saba, Page, John
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
GDP
Online Access:http://documents.worldbank.org/curated/en/2007/11/8697434/patterns-long-term-growth-sub-saharan-africa
http://hdl.handle.net/10986/7586
id okr-10986-7586
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ABUNDANCE
AGGREGATE DEMAND
AGRICULTURE
AMERICAN ECONOMIC REVIEW
ANNUAL GROWTH
ANNUAL GROWTH RATE
AVERAGE ANNUAL
AVERAGE GROWTH
AVERAGE GROWTH RATE
AVERAGE INCOME
BENCHMARK
BENCHMARKING
BUDGET DEFICITS
CAPITA GROWTH
CAPITAL ACCUMULATION
CAPITAL FORMATION
CAPITAL INVESTMENT
CAPITAL INVESTMENTS
COMPETITIVE EXCHANGE
COMPETITIVE EXCHANGE RATES
CONVERGENCE HYPOTHESIS
CORRELATION COEFFICIENT
CORRELATION COEFFICIENTS
COUNTRY DATA
COUNTRY DUMMIES
COUNTRY GROWTH PERFORMANCE
COUNTRY INDEX
COUNTRY LEVEL
COUNTRY VARIATION
CROSS COUNTRY
CROSS COUNTRY EVIDENCE
CROSS-COUNTRY DATA
CROSS-COUNTRY INCOME
DATA SETS
DEBT
DEPENDENT VARIABLE
DESCRIPTIVE STATISTICS
DETERMINANTS OF GROWTH
DEVELOPING COUNTRIES
DEVELOPING REGIONS
DEVELOPMENT ECONOMICS
DEVELOPMENT INDICATORS
DEVELOPMENT OUTCOMES
DIVERSIFICATION
ECONOMETRIC ISSUES
ECONOMETRICS
ECONOMIC ACTIVITY
ECONOMIC CRISIS
ECONOMIC DECLINE
ECONOMIC DEVELOPMENT
ECONOMIC ENVIRONMENT
ECONOMIC GROWTH
ECONOMIC INSTABILITY
ECONOMIC OUTCOMES
ECONOMIC PERFORMANCE
ECONOMIC POTENTIAL
ECONOMIC SHOCKS
ECONOMIC STAGNATION
ECONOMIC TRENDS
ECONOMICS RESEARCH
EMPIRICAL EVIDENCE
ERROR TERM
ESTIMATED COEFFICIENT
ESTIMATED COEFFICIENTS
EXCHANGE RATES
EXPLANATORY VARIABLE
EXPLANATORY VARIABLES
EXPORT DIVERSIFICATION
EXPORTS
EXTERNAL FACTORS
EXTERNAL SHOCKS
EXTERNALITIES
FINANCIAL DEVELOPMENT
FINANCIAL MARKETS
FINANCIAL SECTOR
FIRST YEAR
FISCAL POLICIES
FLUCTUATIONS
FOREIGN AID
FOREIGN DEMAND
FOREIGN TRADE
GDP
GDP PER CAPITA
GLOBAL ECONOMY
GROSS DOMESTIC PRODUCT
GROWTH ACCELERATION
GROWTH ACCELERATIONS
GROWTH ACCOUNTING
GROWTH DATA
GROWTH EFFECT
GROWTH MEAN
GROWTH MEANS
GROWTH MODEL
GROWTH MODELS
GROWTH PATTERN
GROWTH PERFORMANCE
GROWTH PERFORMERS
GROWTH PERSISTENCE
GROWTH PROCESS
GROWTH RATES
GROWTH REGRESSIONS
GROWTH SPELLS
GROWTH STANDARD DEVIATION
GROWTH VOLATILITY
HIGH GROWTH
HIGH INCOME
HIGH INFLATION
HIGH VOLATILITY
HUMAN CAPITAL
HUMAN DEVELOPMENT
INCOME
INCOME CONVERGENCE
INCOME DISTRIBUTION
INCOME GROWTH
INCOME INEQUALITY
INCOME LEVELS
INCOME PER CAPITA
INCREASING INCOME INEQUALITY
INDEPENDENT VARIABLE
INDEPENDENT VARIABLES
INDIVIDUAL COUNTRIES
INFLATION
INTERNAL FACTORS
INTERNATIONAL MONETARY FUND
LIFE EXPECTANCY
LINK BETWEEN VOLATILITY
LONG RUN
LONG-RUN GROWTH
LONG-TERM GROWTH
MACROECONOMIC PERFORMANCE
MACROECONOMIC POLICIES
MACROECONOMIC VOLATILITY
MEAN GROWTH
MEAN INCOME
MEASURES OF VOLATILITY
MIDDLE CLASS
MIDDLE EAST
MIDDLE INCOME
MIDDLE INCOME COUNTRIES
MIDDLE-INCOME COUNTRIES
MONETARY ECONOMICS
NATIONAL INCOME
NATURAL RESOURCE ABUNDANCE
NATURAL RESOURCES
NEGATIVE RELATIONSHIP
NEW GROWTH LITERATURE
NORTH AFRICA
OIL EXPORTER
OIL EXPORTERS
OUTPUT GROWTH
OVERVALUED EXCHANGE
OVERVALUED EXCHANGE RATE
PER CAPITA GROWTH
PER CAPITA INCOME
PER CAPITA INCOMES
POLICY RESEARCH
POLITICAL ECONOMY
POOR COUNTRIES
PRIVATE SECTOR
PRODUCTIVITY CHANGE
PRODUCTIVITY GROWTH
PURCHASING POWER
PURCHASING POWER PARITY
REAL EXCHANGE RATE
REGIONAL ECONOMY
REMITTANCES
RICH COUNTRIES
SENSITIVITY ANALYSIS
SIGNIFICANT DIFFERENCES
SIGNIFICANT IMPLICATIONS
SIGNIFICANT RELATIONSHIP
SOCIAL CONFLICTS
STAGNATION
STANDARD DEVIATION
STATE EQUILIBRIUM
STRUCTURAL BREAK
STRUCTURAL COUNTRY CHARACTERISTICS
SUB-SAHARAN AFRICA
TOTAL FACTOR PRODUCTIVITY
TRADE POLICIES
TRADE SHOCKS
UNDERDEVELOPED COUNTRIES
VALUE ADDED
WEALTH
spellingShingle ABUNDANCE
AGGREGATE DEMAND
AGRICULTURE
AMERICAN ECONOMIC REVIEW
ANNUAL GROWTH
ANNUAL GROWTH RATE
AVERAGE ANNUAL
AVERAGE GROWTH
AVERAGE GROWTH RATE
AVERAGE INCOME
BENCHMARK
BENCHMARKING
BUDGET DEFICITS
CAPITA GROWTH
CAPITAL ACCUMULATION
CAPITAL FORMATION
CAPITAL INVESTMENT
CAPITAL INVESTMENTS
COMPETITIVE EXCHANGE
COMPETITIVE EXCHANGE RATES
CONVERGENCE HYPOTHESIS
CORRELATION COEFFICIENT
CORRELATION COEFFICIENTS
COUNTRY DATA
COUNTRY DUMMIES
COUNTRY GROWTH PERFORMANCE
COUNTRY INDEX
COUNTRY LEVEL
COUNTRY VARIATION
CROSS COUNTRY
CROSS COUNTRY EVIDENCE
CROSS-COUNTRY DATA
CROSS-COUNTRY INCOME
DATA SETS
DEBT
DEPENDENT VARIABLE
DESCRIPTIVE STATISTICS
DETERMINANTS OF GROWTH
DEVELOPING COUNTRIES
DEVELOPING REGIONS
DEVELOPMENT ECONOMICS
DEVELOPMENT INDICATORS
DEVELOPMENT OUTCOMES
DIVERSIFICATION
ECONOMETRIC ISSUES
ECONOMETRICS
ECONOMIC ACTIVITY
ECONOMIC CRISIS
ECONOMIC DECLINE
ECONOMIC DEVELOPMENT
ECONOMIC ENVIRONMENT
ECONOMIC GROWTH
ECONOMIC INSTABILITY
ECONOMIC OUTCOMES
ECONOMIC PERFORMANCE
ECONOMIC POTENTIAL
ECONOMIC SHOCKS
ECONOMIC STAGNATION
ECONOMIC TRENDS
ECONOMICS RESEARCH
EMPIRICAL EVIDENCE
ERROR TERM
ESTIMATED COEFFICIENT
ESTIMATED COEFFICIENTS
EXCHANGE RATES
EXPLANATORY VARIABLE
EXPLANATORY VARIABLES
EXPORT DIVERSIFICATION
EXPORTS
EXTERNAL FACTORS
EXTERNAL SHOCKS
EXTERNALITIES
FINANCIAL DEVELOPMENT
FINANCIAL MARKETS
FINANCIAL SECTOR
FIRST YEAR
FISCAL POLICIES
FLUCTUATIONS
FOREIGN AID
FOREIGN DEMAND
FOREIGN TRADE
GDP
GDP PER CAPITA
GLOBAL ECONOMY
GROSS DOMESTIC PRODUCT
GROWTH ACCELERATION
GROWTH ACCELERATIONS
GROWTH ACCOUNTING
GROWTH DATA
GROWTH EFFECT
GROWTH MEAN
GROWTH MEANS
GROWTH MODEL
GROWTH MODELS
GROWTH PATTERN
GROWTH PERFORMANCE
GROWTH PERFORMERS
GROWTH PERSISTENCE
GROWTH PROCESS
GROWTH RATES
GROWTH REGRESSIONS
GROWTH SPELLS
GROWTH STANDARD DEVIATION
GROWTH VOLATILITY
HIGH GROWTH
HIGH INCOME
HIGH INFLATION
HIGH VOLATILITY
HUMAN CAPITAL
HUMAN DEVELOPMENT
INCOME
INCOME CONVERGENCE
INCOME DISTRIBUTION
INCOME GROWTH
INCOME INEQUALITY
INCOME LEVELS
INCOME PER CAPITA
INCREASING INCOME INEQUALITY
INDEPENDENT VARIABLE
INDEPENDENT VARIABLES
INDIVIDUAL COUNTRIES
INFLATION
INTERNAL FACTORS
INTERNATIONAL MONETARY FUND
LIFE EXPECTANCY
LINK BETWEEN VOLATILITY
LONG RUN
LONG-RUN GROWTH
LONG-TERM GROWTH
MACROECONOMIC PERFORMANCE
MACROECONOMIC POLICIES
MACROECONOMIC VOLATILITY
MEAN GROWTH
MEAN INCOME
MEASURES OF VOLATILITY
MIDDLE CLASS
MIDDLE EAST
MIDDLE INCOME
MIDDLE INCOME COUNTRIES
MIDDLE-INCOME COUNTRIES
MONETARY ECONOMICS
NATIONAL INCOME
NATURAL RESOURCE ABUNDANCE
NATURAL RESOURCES
NEGATIVE RELATIONSHIP
NEW GROWTH LITERATURE
NORTH AFRICA
OIL EXPORTER
OIL EXPORTERS
OUTPUT GROWTH
OVERVALUED EXCHANGE
OVERVALUED EXCHANGE RATE
PER CAPITA GROWTH
PER CAPITA INCOME
PER CAPITA INCOMES
POLICY RESEARCH
POLITICAL ECONOMY
POOR COUNTRIES
PRIVATE SECTOR
PRODUCTIVITY CHANGE
PRODUCTIVITY GROWTH
PURCHASING POWER
PURCHASING POWER PARITY
REAL EXCHANGE RATE
REGIONAL ECONOMY
REMITTANCES
RICH COUNTRIES
SENSITIVITY ANALYSIS
SIGNIFICANT DIFFERENCES
SIGNIFICANT IMPLICATIONS
SIGNIFICANT RELATIONSHIP
SOCIAL CONFLICTS
STAGNATION
STANDARD DEVIATION
STATE EQUILIBRIUM
STRUCTURAL BREAK
STRUCTURAL COUNTRY CHARACTERISTICS
SUB-SAHARAN AFRICA
TOTAL FACTOR PRODUCTIVITY
TRADE POLICIES
TRADE SHOCKS
UNDERDEVELOPED COUNTRIES
VALUE ADDED
WEALTH
Arbache, Jorge Saba
Page, John
Patterns of Long Term Growth in Sub-Saharan Africa
geographic_facet Africa
relation Policy Research Working Paper; No. 4398
description Using the most recent purchasing power parity data for 44 sub-Saharan African countries, this paper examines the characteristics of long run growth in Africa between 1975 and 2005. The authors investigate the following issues: cross-country income structure, income convergence, the country level distribution of income, growth and income persistence, and formation of convergence clubs.
format Publications & Research :: Policy Research Working Paper
author Arbache, Jorge Saba
Page, John
author_facet Arbache, Jorge Saba
Page, John
author_sort Arbache, Jorge Saba
title Patterns of Long Term Growth in Sub-Saharan Africa
title_short Patterns of Long Term Growth in Sub-Saharan Africa
title_full Patterns of Long Term Growth in Sub-Saharan Africa
title_fullStr Patterns of Long Term Growth in Sub-Saharan Africa
title_full_unstemmed Patterns of Long Term Growth in Sub-Saharan Africa
title_sort patterns of long term growth in sub-saharan africa
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2007/11/8697434/patterns-long-term-growth-sub-saharan-africa
http://hdl.handle.net/10986/7586
_version_ 1764402531301064704
spelling okr-10986-75862021-04-23T14:02:34Z Patterns of Long Term Growth in Sub-Saharan Africa Arbache, Jorge Saba Page, John ABUNDANCE AGGREGATE DEMAND AGRICULTURE AMERICAN ECONOMIC REVIEW ANNUAL GROWTH ANNUAL GROWTH RATE AVERAGE ANNUAL AVERAGE GROWTH AVERAGE GROWTH RATE AVERAGE INCOME BENCHMARK BENCHMARKING BUDGET DEFICITS CAPITA GROWTH CAPITAL ACCUMULATION CAPITAL FORMATION CAPITAL INVESTMENT CAPITAL INVESTMENTS COMPETITIVE EXCHANGE COMPETITIVE EXCHANGE RATES CONVERGENCE HYPOTHESIS CORRELATION COEFFICIENT CORRELATION COEFFICIENTS COUNTRY DATA COUNTRY DUMMIES COUNTRY GROWTH PERFORMANCE COUNTRY INDEX COUNTRY LEVEL COUNTRY VARIATION CROSS COUNTRY CROSS COUNTRY EVIDENCE CROSS-COUNTRY DATA CROSS-COUNTRY INCOME DATA SETS DEBT DEPENDENT VARIABLE DESCRIPTIVE STATISTICS DETERMINANTS OF GROWTH DEVELOPING COUNTRIES DEVELOPING REGIONS DEVELOPMENT ECONOMICS DEVELOPMENT INDICATORS DEVELOPMENT OUTCOMES DIVERSIFICATION ECONOMETRIC ISSUES ECONOMETRICS ECONOMIC ACTIVITY ECONOMIC CRISIS ECONOMIC DECLINE ECONOMIC DEVELOPMENT ECONOMIC ENVIRONMENT ECONOMIC GROWTH ECONOMIC INSTABILITY ECONOMIC OUTCOMES ECONOMIC PERFORMANCE ECONOMIC POTENTIAL ECONOMIC SHOCKS ECONOMIC STAGNATION ECONOMIC TRENDS ECONOMICS RESEARCH EMPIRICAL EVIDENCE ERROR TERM ESTIMATED COEFFICIENT ESTIMATED COEFFICIENTS EXCHANGE RATES EXPLANATORY VARIABLE EXPLANATORY VARIABLES EXPORT DIVERSIFICATION EXPORTS EXTERNAL FACTORS EXTERNAL SHOCKS EXTERNALITIES FINANCIAL DEVELOPMENT FINANCIAL MARKETS FINANCIAL SECTOR FIRST YEAR FISCAL POLICIES FLUCTUATIONS FOREIGN AID FOREIGN DEMAND FOREIGN TRADE GDP GDP PER CAPITA GLOBAL ECONOMY GROSS DOMESTIC PRODUCT GROWTH ACCELERATION GROWTH ACCELERATIONS GROWTH ACCOUNTING GROWTH DATA GROWTH EFFECT GROWTH MEAN GROWTH MEANS GROWTH MODEL GROWTH MODELS GROWTH PATTERN GROWTH PERFORMANCE GROWTH PERFORMERS GROWTH PERSISTENCE GROWTH PROCESS GROWTH RATES GROWTH REGRESSIONS GROWTH SPELLS GROWTH STANDARD DEVIATION GROWTH VOLATILITY HIGH GROWTH HIGH INCOME HIGH INFLATION HIGH VOLATILITY HUMAN CAPITAL HUMAN DEVELOPMENT INCOME INCOME CONVERGENCE INCOME DISTRIBUTION INCOME GROWTH INCOME INEQUALITY INCOME LEVELS INCOME PER CAPITA INCREASING INCOME INEQUALITY INDEPENDENT VARIABLE INDEPENDENT VARIABLES INDIVIDUAL COUNTRIES INFLATION INTERNAL FACTORS INTERNATIONAL MONETARY FUND LIFE EXPECTANCY LINK BETWEEN VOLATILITY LONG RUN LONG-RUN GROWTH LONG-TERM GROWTH MACROECONOMIC PERFORMANCE MACROECONOMIC POLICIES MACROECONOMIC VOLATILITY MEAN GROWTH MEAN INCOME MEASURES OF VOLATILITY MIDDLE CLASS MIDDLE EAST MIDDLE INCOME MIDDLE INCOME COUNTRIES MIDDLE-INCOME COUNTRIES MONETARY ECONOMICS NATIONAL INCOME NATURAL RESOURCE ABUNDANCE NATURAL RESOURCES NEGATIVE RELATIONSHIP NEW GROWTH LITERATURE NORTH AFRICA OIL EXPORTER OIL EXPORTERS OUTPUT GROWTH OVERVALUED EXCHANGE OVERVALUED EXCHANGE RATE PER CAPITA GROWTH PER CAPITA INCOME PER CAPITA INCOMES POLICY RESEARCH POLITICAL ECONOMY POOR COUNTRIES PRIVATE SECTOR PRODUCTIVITY CHANGE PRODUCTIVITY GROWTH PURCHASING POWER PURCHASING POWER PARITY REAL EXCHANGE RATE REGIONAL ECONOMY REMITTANCES RICH COUNTRIES SENSITIVITY ANALYSIS SIGNIFICANT DIFFERENCES SIGNIFICANT IMPLICATIONS SIGNIFICANT RELATIONSHIP SOCIAL CONFLICTS STAGNATION STANDARD DEVIATION STATE EQUILIBRIUM STRUCTURAL BREAK STRUCTURAL COUNTRY CHARACTERISTICS SUB-SAHARAN AFRICA TOTAL FACTOR PRODUCTIVITY TRADE POLICIES TRADE SHOCKS UNDERDEVELOPED COUNTRIES VALUE ADDED WEALTH Using the most recent purchasing power parity data for 44 sub-Saharan African countries, this paper examines the characteristics of long run growth in Africa between 1975 and 2005. The authors investigate the following issues: cross-country income structure, income convergence, the country level distribution of income, growth and income persistence, and formation of convergence clubs. 2012-06-08T20:10:04Z 2012-06-08T20:10:04Z 2007-11 http://documents.worldbank.org/curated/en/2007/11/8697434/patterns-long-term-growth-sub-saharan-africa http://hdl.handle.net/10986/7586 English Policy Research Working Paper; No. 4398 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Africa