Significant drivers of growth in Africa

Oleg Badunenko, Daniel J. Henderson, Romain Houssa

    Research output: Contribution to journalArticlepeer-review

    212 Downloads (Pure)


    We employ bootstrap techniques in a production frontier framework to provide statistical inference for each component in the decomposition of labor productivity growth, which has essentially been ignored in this literature. We show that only two of the four components (efficiency changes and human capital accumulation) have significantly contributed to growth in Africa. Although physical capital accumulation is the largest force, it is not statistically significant on average. Thus, ignoring statistical significance would falsely identify physical capital accumulation as a major driver of growth in Africa when it is not.
    Original languageEnglish
    Pages (from-to)339-354
    Number of pages16
    JournalJournal of Productivity Analysis
    Issue number3
    Early online date27 Jul 2014
    Publication statusPublished - 1 Dec 2014


    • Africa
    • bootstrap
    • growth
    • production frontier


    Dive into the research topics of 'Significant drivers of growth in Africa'. Together they form a unique fingerprint.

    Cite this