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July 31, 2025

The “Africa Rising”: An Empirical Analysis of the Determinants of Per-Capita Growth

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Authors

FSFrancesco Scalamonti

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Overview

Empirical analysis identifies significant factors affecting per-capita growth in 54 African countries, suggesting implications for sustainable development.

Key Points

  • The study reveals that natural resource rent negatively impacts per-capita GDP in African countries.
  • Fixed-effects and GMM estimators were utilized to analyze data from 54 African countries between 2010 and 2019.
  • Government expenditure has emerged as a significant positive driver of per-capita growth in the region.
  • The findings underscore the importance of institutional and business environments in fostering economic growth in Africa.

Cite This Study

Francesco Scalamonti (2025) studied this question.

synapsesocial.com/papers/689a0c5fe6551bb0af8cf515https://doi.org/10.32388/2u1rs5.12
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