Long-Term Gowth Opportunities in Ethiopia
Ethiopian Journal of Economics
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Title |
Long-Term Gowth Opportunities in Ethiopia
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Creator |
Alemu, M
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Subject |
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Description |
The paper attempts to investigate the role of institutions in the long-term growth performance of Ethiopia. In this study, it is hypothesized that the long-term growth of the country, apart from traditional factors of production i.e. capital and labor is largely influenced by institutional factors. To examine this, the study uses a times series data on important variables for the period 1967/68-2002/03, and employed Johansen cointegration analysis. The variables used are, institutional quality indicators, human capital, labor force, capital stock, road network, and rainfall. The findings of the paper support the above stated hypothesis. Institution and physical capital are found to be significant in both the long and short run models while human capital is found important only in the long run.Ethiopian Journal of Economics Vol. 14 (1) 2005: pp. 27-48
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Publisher |
Ethiopian Economic Association (EEA), 1997
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Contributor |
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Date |
2008-01-11
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article — |
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Format |
application/pdf
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Identifier |
https://www.ajol.info/index.php/eje/article/view/39811
10.4314/eje.v14i1.39811 |
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Source |
Ethiopian Journal of Economics; Vol 14, No 1 (2005); 27-47
1993-3681 |
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Language |
eng
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Relation |
https://www.ajol.info/index.php/eje/article/view/39811/31191
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Coverage |
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Rights |
©Ethiopian Economics Association (EEA)All rights reserved.No part of this publication can be reproduced, stored in a retrieval system or transmitted in any form, without a written permission from the Ethiopian Economics Association.
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