Estimating Potential Output in Niger: Niger
April 18, 2025
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Potential growth in Niger is estimated at around 6 percent with a structurally significant contribution of labor and peaks of growth associated with higher investment in physical capital. Growth in Niger is, however, constrained by weak productivity, limited structural transformation, and inadequate economic diversification, with downside risks stemming mainly from regional insecurity and adverse climate shocks. Key factors that could boost economic growth in Niger include investment in human capital, the development of the extractive sector and agro-industrial value chains and the diffusion of digital technologies.
Subject: Human capital, Labor, Output gap, Potential output, Production, Total factor productivity
Keywords: B. sectoral growth trend, Economic Growth, Global, Growth decomposition, growth in Niger, Human capital, I. Cobb-Douglas production function, Output gap, output gap estimate, output gap estimation, Potential output, Production function, Statistical filters, Total factor productivity, West Africa
Pages:
21
Volume:
2025
DOI:
Issue:
041
Series:
Selected Issues Paper No. 2025/041
Stock No:
SIPEA2025041
ISBN:
9798229006507
ISSN:
2958-7875
