... Panel data PCA System GMM C33 O11 O43 O55 Despite its abundant natural resources and decades of foreign aid, Sub-Saharan Africa (SSA) is home to the highest number of poor countries in the world. Out of the 48 countries in the region, 24 are low-income, with a GNI (Gross National...

... at http://creativecommons.org/licences/by/4.0/legalcode ARDL model Bound test Political institution Economic performance Ethiopia E02 O43 055 Living standards, as captured by average income per capita, vary dramatically across countries. Among many other factors, economic...

... performance. O43 Confucianism is alleged to both promote and inhibit economic development in the economics literature. All possible results – ranging from a significantly positive effect to a significantly negative influence – have been reported in the literature. Chronologically, Weber (1915...