A Rough and Lonely Road to Prosperity: A Reexamination of the Sources of Growth in Africa using Bayesian Model Averaging

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A Rough and Lonely Road to Prosperity: A Reexamination of the Sources of Growth in Africa using Bayesian Model Averaging

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dc.contributor.author Masanjala, Winford H.
dc.contributor.author Papageorgiou, Chris
dc.date.accessioned 2013-07-01T07:45:56Z
dc.date.available 2013-07-01T07:45:56Z
dc.date.issued 2005-10
dc.identifier.uri http://www.ndr.mw:8080/xmlui/handle/123456789/598
dc.description.abstract This paper takes a fresh look at Africa's dismal growth performance by using the Bayesian Model Averaging (BMA) methodology. We estimate the posterior probability of a large number of potential explanatory variables and cross-country regression models. In a nutshell, we find that determinants of growth in Africa are strikingly different from the rest of the world. In addition, growth regression models that best explain global growth do poorly in explaining African growth, and vice versa en_US
dc.description.sponsorship European Union en_US
dc.language.iso en en_US
dc.publisher Department of Economics en_US
dc.relation.ispartofseries Working Paper;No. 2005/09
dc.subject Biological sciences en_US
dc.subject Social sciences en_US
dc.title A Rough and Lonely Road to Prosperity: A Reexamination of the Sources of Growth in Africa using Bayesian Model Averaging en_US
dc.type Article en_US


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