The Implications of South African Economic Growth for the Rest of Africa

Author/Editor:

Vivek B. Arora ; Athanasios Vamvakidis

Publication Date:

March 1, 2005

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

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.

Series:

Working Paper No. 05/58

Subject:

English

Publication Date:

March 1, 2005

ISBN/ISSN:

9781451860771/1018-5941

Stock No:

WPIEA2005058

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

23

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