Go to AfricaBib home

Go to AfricaBib home AfricaBib Go to database home

bibliographic database

Previous page New search

The free AfricaBib App for Android is available here

Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Growth and Institutions: a potential medicine for the poor in sub-Saharan Africa
Author:Akobeng, Eric
Periodical:African Development Review (ISSN 1467-8268)
Geographic term:Subsaharan Africa
Subjects:gross national product
poverty reduction
economic models
Abstract:The conventional wisdom is that growth is a precondition for poverty reduction. Paying particular attention to the level of growth, poverty and institutions in sub-Saharan Africa (SSA), this paper investigates the effect of GDP per capita growth and sectoral growth on poverty and explores whether the growth-poverty link can be strengthened by institutions. Using the panel dataset of 41 SSA countries over the period 1981-2010 and dynamic two-step system generalized method of moment (GMM) estimator; it is found that GDP per capita growth is an important instrument for poverty reduction. Also, the growth of agriculture and the service sectors have direct poverty-reducing effects. The paper further reveals that good and accountable government, bureaucratic quality and sound policies and regulations are important ingredients in sustaining the growth-poverty link in SSA. Bibliogr., notes, sum. [Journal abstract]