TY  - JOUR
TT  - Africa’s Development: Institutions, Economic Reforms and Growth
AU  - Amin, Aloysius Ajab
PY  - 2013
DA  - June
JF  - International Journal of Economics and Financial Issues
JO  - IJEFI
PB  - İlhan ÖZTÜRK
WT  - DergiPark
SN  - 2146-4138
SP  - 324
EP  - 336
VL  - 3
IS  - 2
KW  - Prices
KW  - Growth
KW  - Total-factor-productivity
KW  - Africa
KW  - Institutions
N2  - The paper examines the importance of relative prices, institutional quality and other factors which are regressed on the estimated total factor productivity (TFP). With panel data of 26 African countries for the period 1980-2011, the results show that relative prices have significant effects on TFP. Also the quality of institutions is an important determinant of non-input component of output growth. The macroeconomic measures to get “prices right” in sub Saharan Africa may also be constrained by the linkages of institutions to the macroeconomic variables. Thus, policies of getting prices right with establishing strong institutions are worth continuously pursuing with vigor.
UR  - https://dergipark.org.tr/tr/pub/ijefi/article/351908
L1  - https://dergipark.org.tr/tr/download/article-file/362768
ER  -