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Political Institutions and Economic Growth in Africa

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2005

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Robert H. Bates. 2005. Political Institutions and Economic Growth in Africa. HLS Center for International Development Working Paper 115.

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The purposes of this paper include (a) a review of the literature on the so-called “African dummy;” (b) an explication of the system GMM method of estimation, by which Hoeffler (2002) shows the “Africa dummy” to be an artifact of the application of inappropriate estimation techniques; and (c) an effort to employ this technique to measure the impact of political variables – measures of stability, regime type, and violence – on economic growth in Africa.

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