1 minute read

References

Next Article
Notes

Notes

38 Boosting Productivity in s u B - s ahar an a fric a

employment, physical capital, human capital, and the labor share of output. 9. Here we depict the development accounting exercise for Sub-Saharan African countries in 1980–89 rather than 1960–69 because the 1980–89 period (a) increased the regional coverage from 21 countries to 37 countries, and (b) includes some of the largest countries in the region (for example, Angola and

Sudan). 10. This section is based largely on Barrot,

Calderón, and Servén (2018a). 11. “Fragile” refers to fragile and conflictaffected states (FCS), defined on the basis of financial and security status by the World Bank’s Fragile, Conflict and

Violence group. For more information, see the Bank’s online topical overview: https:// www.worldbank.org/en/topic/fragility conflictviolence/overview. 12. The calibration of the elasticity of output to public and private capital as well as the methodology to compute TFP growth are discussed in appendix A, “Output per Worker, Factor

Accumulation, and Total Productivity.” 13. Note that the relative contribution of public capital accumulation and TFP to growth per worker is similar among industrial countries and the EAP5 countries (about 25 percent and 24 percent, respectively).

Barrot, Luis-Diego, César Calderón, and Luis Servén. 2018a. “Growth in Sub-Saharan

Africa: A TFP Boost Is Needed.” Unpublished manuscript, World Bank, Washington, DC. Barrot, Luis-Diego, César Calderón, and Luis

Servén. 2018b. “Sectoral Productivity Shifts in Sub-Saharan Africa.” Unpublished manuscript, World Bank, Washington, DC. Duarte, Margarida, and Diego Restuccia. 2010.

“The Role of the Structural Transformation in

Aggregate Productivity.” Quarterly Journal of

Economics 125 (1): 129–73. Duarte, Margarida, and Diego Restuccia. 2018.

“Structural Transformation and Productivity in Sub-Saharan Africa.” Unpublished manuscript, University of Toronto. Feenstra, Robert C., Robert Inklaar, and Marcel

P. Timmer. 2015. “The Next Generation of the Penn World Table.” American Economic

Review 105 (10): 3150–82. Herrendorf, Berthold, Richard Rogerson, and Ákos Valentinyi. 2014. “Growth and

Structural Transformation.” In Handbook of

Economic Growth Vol. 2, edited by Philippe

Aghion and Steven Durlauf, 855–941.

Amsterdam: Elsevier. IMF (International Monetary Fund). 2015.

“Making Public Investment More Efficient.”

Staff report, IMF, Washington, DC. Keefer, Philip, and Stephen Knack. 2007.

“Boondoggles, Rent-Seeking, and Political

Checks and Balances: Public Investment under

Unaccountable Governments.” Review of

Economics and Statistics 89 (3): 566–72. World Bank. 2019. World Development Report 2019: The Changing Nature of Work.

Washington, DC: World Bank.

This article is from: