Growth,productivity and diversification in Africa |
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Authors: | Hakim Ben Hammouda Stephen N Karingi Angelica E Njuguna Mustapha Sadni Jallab |
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Institution: | (1) World Trade Organization/Organisation Mondiale du Commerce, Centre William Rappard, Rue de Lausanne 154, 1211 Geneva, Switzerland;(2) United Nations Economic Commission for Africa, PO Box 3005, Addis Ababa, Ethiopia;; |
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Abstract: | The purpose of this article is to investigate the relationship among economic growth, productivity and diversification. Our
results have shown that deepening diversification leads to improvements in total factor productivity among other determinants
in African economies. The significance of the link between diversification and economic growth in the case of African economies
cannot be gainsaid. It means that African countries can scale up their economies’ growth by raising their total factor productivity
through pursuing policies that enhance diversification. |
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Keywords: | |
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