Sources of Growth in the Democratic Republic of the Congo: A Cointegration Approach

Akitoby, Bernardin; Cinyabuguma, Matthias

doi:10.2139/ssrn.878938

Cited by 7 publications

(6 citation statements)

References 14 publications

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“…Nsengiyumva (2004) on Benin and Bagattini (2004) on Zambia find that structural reforms and an increased role for the private sector contributed to improvements in TFP in recent periods. Sectoral-level growth-accounting studies have also shed light on sector-specific growth constraints (Democratic Republic of Congo: Akitoby and Cinyabuguma, 2005;South Africa: Arora, Bhundia, and Bagattini, 2002). See Calamitsis, Basu, and Ghura (1999) for an analysis of factors affecting growth using an SSA-specific cross-country growth model.…”

Section: A Understanding the Post-1995 Improvement In Growthmentioning

confidence: 99%

Sustaining Growth Accelerations and Pro-Poor Growth in Africa

Gupta

Pattillo²,

Carey³

2005

IMF Working Papers

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This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.Are improvements in growth in Sub-Saharan Africa (SSA) since the mid-1990s sustainable? What types of growth strategies contribute the most to reducing poverty? This paper examines these questions in four stages. First, it explores the factors contributing to the post-1995 improvement in growth. Second, to shed some light on factors associated with substantial jumps in growth rates that are sustained in the medium term, an analysis of the correlates of growth accelerations is presented. Third, the paper examines the consistency of the SSA data with some important predictions from the literature directly linking such areas as fiscal policy, financial development, or institutions and growth. Fourth, it reviews recent evidence regarding lessons on the type of growth process that is most effective at raising the incomes of the poor.

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Section: A Understanding the Post-1995 Improvement In Growthmentioning

confidence: 99%

Sustaining Growth Accelerations and Pro-Poor Growth in Africa

Gupta

Pattillo²,

Carey³

2005

IMF Working Papers

View full text Add to dashboard Cite

show abstract

“…Nsengiyumva (2004) on Benin and Bagattini (2004) on Zambia find that structural reforms and an increased role for the private sector contributed to improvements in TFP in recent periods. Sectoral-level growth-accounting studies have also shed light on sector-specific growth constraints (for example, Democratic Republic of the Congo: Akitoby and Cinyabuguma, 2005; South Africa: Arora, Bhundia, and Bagattini, 2003). See Calamitsis, Basu, and Ghura (1999) for an analysis of factors affecting growth using a sub-Saharan Africa-specific cross-country growth model.…”

Section: Chapter Explaining Differences In Growth Performancementioning

confidence: 99%

Sustaining and Accelerating Pro-Poor Growth in Africa

Carey¹,

Gupta²,

Pattillo³

2006

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Are improvements in growth in sub-Saharan Africa since the mid-1990s sustainable? What types of growth strategies contribute the most to reducing poverty? This Special Issues paper examines these questions in four stages. First, it explores the factors contributing to the post-1995 improvement in growth. Second, to shed some light on factors associated with substantial jumps in growth rates that are sustained in the medium term, it presents an analysis of the correlates of growth accelerations. Third, the paper examines the consistency of the sub-Saharan African data with some important predictions from the literature directly linking such areas as fiscal policy, financial development, or institutions and growth. Fourth, it reviews recent evidence regarding lessons on the type of growth process that is most effective at raising the incomes of the poor.

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“…8 A decline of the revenue-GDP ratio by 1 percentage point raises the probability of a coup by about 7 Some studies suggest that conflicts in neighboring countries can also increase the probability of a coup; unfortunately the data do not exist to test this hypothesis. We attempted to partially control for this effect by including a dummy variable for conflicts in the Democratic Republic of Congo, constructed by Akitoby and Cynyabuguma (2004). To do so did not change the estimated coefficients, although the estimates were somewhat noisier.…”

Section: Empirical Analysis Of the Determinants Of Political Instabilitymentioning

confidence: 99%

“…1995 GDP weights are used. 14 See, for example,Ghura and Hadjimichael (1996), andAkitoby and Cynyabuguma (2004).…”

mentioning

confidence: 99%