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The Resource Accelerated Economic Growth in West Africa

Accelerated Economic Growth in West Africa

Label
Accelerated Economic Growth in West Africa
Title
Accelerated Economic Growth in West Africa
Creator
Subject
Language
eng
Member of
Cataloging source
MiAaPQ
Literary form
non fiction
Nature of contents
dictionaries
Series statement
Advances in African Economic, Social and Political Development Ser
Accelerated Economic Growth in West Africa
Label
Accelerated Economic Growth in West Africa
Link
http://libproxy.rpi.edu/login?url=https://ebookcentral.proquest.com/lib/rpi/detail.action?docID=3567605
Publication
Copyright
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Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • Introduction -- Contents -- Part I: Analysis of West Africás Economic Growth -- Impact of Common Currency Membership on West African Countrieś Enhanced Economic Growth -- 1 Introduction -- 2 Current Economic Situation of West African Economies -- 2.1 Historical Economic Growth Performance of ECOWAS Countries -- 3 Contingent Claims Approach to Risk Assessment and Pricing of Sovereign Debt -- 4 Membership in a Common Currency Union and Riskiness of Sovereign Debt -- 5 Conclusion -- References -- Growth Accounting in ECOWAS Countries: A Panel Unit Root and Cointegration Approach -- 1 Introduction -- 2 Methodology -- 2.1 Specification of the Production Function -- 2.2 How the Output Elasticities Are Estimated -- 2.3 Data Consideration -- 2.4 Estimation Technique for the Specified Model -- 3 Empirical Results -- 3.1 Panel Unit Root Tests -- 3.2 Panel Cointegration and Panel Error Correction Model Test Results -- 3.3 The Output per Worker Model -- 3.4 Estimating the Productivity of Labour and Capital -- 4 Conclusion -- References -- Growth Without Development in West Africa: Is It a Paradox? -- 1 Introduction -- 2 Performance of the West African Economy: Stylized Facts -- 3 Growth and Development: Review and Theoretical Issues -- 4 Methodology and Empirics -- 5 Conclusion -- References -- Group Formation and Growth Enhancing Variables: Evidence from Selected WAMZ Countries -- 1 Introduction -- 2 Sub-regional Characteristics and Some Stylized Facts -- 3 Tests of Cross-Section Dependence -- 3.1 Pesarańs CD Test -- 3.2 Friedmańs Test -- 3.3 Levene Test -- 3.4 Freeś Test -- 3.5 Application of Cross-Sectional Dependence: The CD Test -- 3.6 Theoretical Model of Growth Enhancing Variables -- 4 Data and Empirical Results of Growth Enhancing Variables -- 4.1 Empirical Results and Economic Implications -- 4.1.1 Stationarity Tests -- 4.1.2 Estimated Results
  • 4.1.3 Post-estimation Analysis -- 5 Conclusion -- References -- Part II: Political Economy of Economic Growth -- Revisiting the African Economic Growth Agenda: Focus on Inclusive and Pro-poor Growth? -- 1 Introduction -- 2 The Concept of Pro-poor Growth -- 3 Regional Evidence of Growth and Poverty Reduction -- 4 Country Evidence of Growth and Poverty Reduction -- 5 Has the Recent Growth Episode in Africa Been Pro-poor? -- 5.1 Analysis of Poverty Growth in Africa -- 6 Lessons on Policies for Promoting Inclusive Growth in Africa -- 7 Conclusion -- References -- Freedom, Growth and Development: Evidence from West Africa -- 1 Introduction -- 2 Which One Leads the Other: Economic Development or Political Liberty? A Debate -- 3 Market Transactional and Political Freedoms -- 4 Market and Transactional Freedom -- 5 Political Liberty -- 6 Trust in National Governments in Africa -- 7 Civil Liberties, Education and Economic Security -- 8 The Power of Freedom to Bring About Development -- 9 An ECOWAS Wide Agenda for Political and Market Transactional Freedom -- 10 Conclusion -- Appendix 1: African Economists and Finance Professionals Speak on Economic Development and Democracy -- Last Post Was Made on May 19, 2014 -- Insufficient Emancipation -- Poverty vs. Democracy -- Elitists Mentality vs. Popular Demands -- RC Experiment -- Deliberate Move -- Way Forward -- Appendix 2: Benefits of Liberal Democracy: What Do African Economists Think? -- Last Post Was Made on June 12, 2014 -- References -- West Africás Economic Growth and Weakening Diversification: Rethinking the Role of Macroeconomic Policies for Industrializati... -- 1 Introduction -- 2 The West African Growth Story -- 3 The Literature on Growth and Policy -- 3.1 Growth Models -- 3.2 Empirical Evidence -- 4 Methodology -- 5 Findings: Drivers of Growth in West Africa -- 6 Insights from Structuralism
  • 7 Conclusion -- References -- Part III: Sectoral Policy and Economic Growth -- Manufacturing Export, Infrastructure and Institutions: Reflections from ECOWAS -- 1 Introduction -- 2 Insights from Literature -- 3 Stylized Trends: Manufacturing Sector, Infrastructure and Institutions -- 4 Empirical Strategy -- 4.1 Variable Definition and Source -- 4.2 Method of Analysis -- 4.3 Sample -- 5 Juxtaposing the Relationship: Atleast for ECOWAS -- 5.1 Sensitivity Checks -- 5.2 Conclusion -- References -- Industrial Policy and Structural Change: Some Policy Perspectives -- 1 Introduction -- 2 Related Literature -- 2.1 The Justification for Industrial Policy -- 2.2 The Importance of the Manufacturing Sector -- 2.3 Lessons from Past Industrialization Efforts in Africa -- 3 Stylized Facts on Structural Change -- 4 Industrial Policy and Financing Industrial Development -- 4.1 Elements of an Effective and Coherent Industrial Policy Framework -- 4.2 Financing Industrial Development -- 5 Conclusion and Policy Recommendations -- References -- Basic Infrastructure, Growth and Convergence in WAEMU -- 1 Introduction -- 2 Objectives of the Study -- 3 Literature Review -- 4 Evolution of Macroeconomic Indicators and Economic Convergence in WAEMU -- 5 Evolution of Basic Infrastructure in WAEMU -- 5.1 Dynamics of Basic Infrastructure in WAEMU from 2000 to 2010 -- 5.2 Regional Policies and Prospects of Basic Infrastructure in WAEMU -- 6 Methods of Analysis -- 6.1 Sigma Convergence -- 6.2 Beta Convergence -- 6.3 The Empirical Model of Conditional Convergence -- 6.4 Data and Estimation Method -- 7 Empirical Results -- 7.1 The Statistical Results of Convergence: Sigma Convergence -- 7.2 The Econometric Results -- 8 Conclusion -- References
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Dimensions
unknown
http://library.link/vocab/discovery_link
{'f': 'http://opac.lib.rpi.edu/record=b4390891'}
Extent
1 online resource (216 pages)
Form of item
online
Isbn
9783319168265
Media category
computer
Media MARC source
rdamedia
Media type code
c
Sound
unknown sound
Specific material designation
remote

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