search query: @author Collier, P. / total: 22
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| Author: | Collier, P. Gunning, J. |
| Title: | Explaining African economic performance |
| Journal: | Journal of Economic Literature
1999 : MAR, VOL. 37:1, p. 64-111 |
| Index terms: | AFRICA ECONOMIC PERFORMANCE THEORIES |
| Language: | eng |
| Abstract: | African economic performance has been markedly worse than that of other regions. During the 1980s, per capita GDP declined by 1.3 percent p.a., a full 5 percentage points below the average for all low-income developing countries. During 1990-94 the decline accelerated to 1.8 percent p.a. and the gap widened to 6.2 percentage points. A literature has rapidly developed which attempts to explain this performance by growth regressions. This approach is highly aggregative and reduced form, and is as yet unrelated to both case studies and microeconomic research. |
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