Trade, institutions, income and human development in African Countries
Analysing panel data for the period 1975-2001 from a large group of African countries, we find that trade and institutions (political rights, civil liberties and the rule of law) exert little influence on human development in the form of literacy. Interestingly, income appears to be, by far, the primary determinant of human development, measured by literacy and life expectancy, but with strong diminishing returns. Income also positively affects institutions, although there is a threshold effect, in the cases of political rights and civil liberties. Finally, the paper finds that trade and literacy exercise positive and negative effects, respectively, on political rights. © The author 2012. Published by Oxford University Press on behalf of the Centre for the Study of African Economies. All rights reserved.
Journal of African Economies
Digital Object Identifier (DOI)
Baliamoune-Lutz, & Boko, S. H. (2013). Trade, Institutions, Income and Human Development in African Countries. Journal of African Economies, 22(2), 323–345. https://doi.org/10.1093/jae/ejs037