Previous page | New search |
The free AfricaBib App for Android is available here
Periodical article | Leiden University catalogue | WorldCat |
Title: | Capital accumulation in sub-Saharan Africa: income-group and sector differences |
Authors: | Bayraktar, Nihal Fofack, Hippolyte |
Year: | 2011 |
Periodical: | Journal of African Economies (ISSN 0963-8024) |
Volume: | 20 |
Issue: | 4 |
Pages: | 531-561 |
Language: | English |
Geographic term: | Subsaharan Africa |
Subjects: | capital formation investments income distribution 1980-1989 1990-1999 |
External link: | https://jae.oxfordjournals.org/content/20/4/531.full.pdf |
Abstract: | This paper highlights heterogeneity in the process of capital accumulation across different countries by income group in Sub-Saharan Africa, and estimates empirical specifications of private capital in the primary, industry and service sectors. The results indicate a more rapid accumulation of capital in the relatively high-income group and a widening public-private capital accumulation gap in the region. The level of GDP per capita, quality of governance and public capital stock are found to influence private capital accumulation. Unexpectedly, financial variables do not appear to matter. App., bibliogr., notes, ref, sum. [Journal abstract] |