Growth and Income Convergence in Africa
Abstract
This paper develops a cross-country analysis framework in Africa, which integrate a decomposition approach for unconditional ß-convergence, s-convergence and conditional ß-convergence of economic growth and income dynamics. Based on the generalized Gini coefficient, the decomposition framework split the change in income inequality into progressivity/pro-poor growth and re-ranking components. The results concern 52 African countries using data for the period 1980-2011. Except for few countries, all the results show a very weak evidence of ß-convergence, s-convergence and conditional ß-convergence in Africa.
Full Text: PDF DOI: 10.15640/jeds.v2n4a5
Abstract
This paper develops a cross-country analysis framework in Africa, which integrate a decomposition approach for unconditional ß-convergence, s-convergence and conditional ß-convergence of economic growth and income dynamics. Based on the generalized Gini coefficient, the decomposition framework split the change in income inequality into progressivity/pro-poor growth and re-ranking components. The results concern 52 African countries using data for the period 1980-2011. Except for few countries, all the results show a very weak evidence of ß-convergence, s-convergence and conditional ß-convergence in Africa.
Full Text: PDF DOI: 10.15640/jeds.v2n4a5
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