Logo
Munich Personal RePEc Archive

Foreign Aid, Resources and Export Diversification in Africa: A New Test of Existing Theories

Osakwe, Patrick N. (2007): Foreign Aid, Resources and Export Diversification in Africa: A New Test of Existing Theories.

[thumbnail of MPRA_paper_2228.pdf]
Preview
PDF
MPRA_paper_2228.pdf

Download (313kB) | Preview

Abstract

Recent theoretical literature suggests that aid, geography, and resource endowments affect diversification of exports in Africa. This paper examines the validity of these popular views using a System-GMM methodology and panel data for African countries. The evidence suggests that aid, the quality of infrastructure, and resource endowments are robust determinants of diversification in Africa. It also suggests that there is no systematic relationship between geography and diversification. Furthermore, there is some evidence that institutional factors are important although it is not robust. Finally, the paper offers recommendations on how to promote export diversification in the region.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.