The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
From: Industrial policy and labour productivity growth in Africa: does the technology choice matter?
(1) | (2) | (3) | (4) | (5) | (6) | (7) | |
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Variables | Structural change | Structural change | Structural change | Structural change | Structural change | Structural change | Structural change |
TCI | − 0.174 (0.252) | − 0.151 (0.253) | − 0.173 (0.251) | − 0.018 (0.264) | 0.114 (0.276) | 0.053 (0.309) | 0.079 (0.312) |
Population growth (annual %) | 0.105 (0.094) | 0.127 (0.093) | 0.131 (0.093) | 0.121 (0.094) | 0.047 (0.097) | 0.008 (0.100) | |
Institution | − 0.089** (0.035) | − 0.082** (0.036) | − 0.078** (0.037) | − 0.053 (0.041) | − 0.070 (0.044) | ||
Human Capital Index | − 1.801* (0.981) | − 1.654* (0.994) | − 1.042 (1.122) | − 1.093 (1.137) | |||
Domestic credit to private sector by banks (% of GDP) | − 0.011 (0.015) | − 0.009 (0.016) | − 0.018 (0.017) | ||||
Trade openness | − 1.713** (0.710) | − 1.862*** (0.719) | |||||
Manufacturing share in GDP (%) | − 0.107** (0.041) | ||||||
Constant | 1.512*** (0.443) | 1.227** (0.512) | 1.430*** (0.520) | 4.324*** (1.659) | 4.050** (1.714) | 4.321** (1.966) | 6.133*** (2.127) |
Observations | 560 | 560 | 557 | 557 | 545 | 508 | 491 |
R-squared | 0.276 | 0.278 | 0.301 | 0.306 | 0.292 | 0.289 | 0.302 |
Country FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Year FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |