The Implications of South African Economic Growth for the Rest of Africa [electronic resource] / Vivek B Arora.
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TextSeries: IMF Working Papers; Working Paper ; No. 05/58Publication details: Washington, D.C. : International Monetary Fund, 2005Description: 1 online resource (23 p.)ISBN: 1451860773 :ISSN: 1018-5941Subject(s): Economic Growth of Open Economies | Economic Integration | Economywide Country Studies: Africa | GDP Growth | GDP per Capita | International Economic Order | South AfricaAdditional physical formats: Print Version:: The Implications of South African Economic Growth for the Rest of AfricaOnline resources: IMF e-Library | IMF Book Store Abstract: This paper measures the extent to which South African economic growth is an engine of growth in sub-Saharan Africa. Results based on panel data estimation for 47 African countries over four decades suggest that South African growth has a substantial positive impact on growth in the rest of Africa, even after controlling for other growth determinants. The estimates are robust to the effects of global and regional shocks, changes in model specification, and sample period.
This paper measures the extent to which South African economic growth is an engine of growth in sub-Saharan Africa. Results based on panel data estimation for 47 African countries over four decades suggest that South African growth has a substantial positive impact on growth in the rest of Africa, even after controlling for other growth determinants. The estimates are robust to the effects of global and regional shocks, changes in model specification, and sample period.
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