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Efficiency and Productivity Growth in Sub-Saharan Africa   Michael Danquah

Efficiency and Productivity Growth in Sub-Saharan Africa

256 страниц. 2014 год.
LAP Lambert Academic Publishing
The book focuses on four thematic areas on efficiency and productivity growth using a sample of 19 sub-Saharan African countries from 1960-2002. The study utilises stochastic frontier and panel data techniques to provide estimates of national efficiency scores; explain the variation in national efficiency scores; estimate and decompose total factor productivity growth; and finally, looks at the contribution of human capital to total factor productivity growth and components, as well as its role in the technological ‘catch-up’ process in SSA. The findings contained in the book indicate that sub-Saharan African countries operate far from the efficient frontier and are not efficient. Also, trade policy on openness, machinery imports, stock of R&D, landlockedness and quality of institutions play a significant and quantitatively important role in explaining the differences in efficiency scores in sub-Saharan Africa. Human capital in sub-Saharan Africa, is rather more important for the...
 
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