Openness and growth in Sub-Saharan Africa: Time series and cross-country analysis

Sanusi, Aliyu Rafindadi (2008): Openness and growth in Sub-Saharan Africa: Time series and cross-country analysis. Published in: Nigerian Journal of Contemporary Public Policy Issues , Vol. 1, No. 1 (January 2008): pp. 25-54.

Abstract

This paper presents empirical evidence from a cross-section sample of thirty six Sub-Saharan African countries and time-series sample of selected seven. The evidence suggests that countries in the region that open generally tend to grow faster than those that are closed. However, the country-case study suggests that whether a particular country experiences higher output growth as it “opens up” is contingent upon its own peculiarities

• Item Type: MPRA Paper
• Language: English
• Keywords: Openness, FDI, Africa, Growth, Sub-Sharan Africa
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O55 - Africa; F - International Economics > F1 - Trade > F11 - Neoclassical Models of Trade; F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F41 - Open Economy Macroeconomics; F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F43 - Economic Growth of Open Economies

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