Adu-Darko, Eunice and You, Kefei ORCID: https://orcid.org/0000-0001-7253-5838 (2025) Structural breaks, institutional quality and productivity growth in Sub-Saharan Africa. Structural Change and Economic Dynamics. ISSN 0954-349X (Print), 1873-6017 (Online) (doi:10.1016/j.strueco.2025.03.003)

	PDF (Author's Accepted Manuscript) 49925 YOU_Structural_Breaks_Institutional_Quality_And_Productivity_Growth_In_Sub-Saharan_Africa_(AAM)_2025.pdf - Accepted Version Restricted to Repository staff only Download (865kB) | Request a copy
Preview	PDF (Open Access Pre-proof) 49925 YOU_Structural_Breaks_Institutional_Quality_And_Productivity_Growth_In_Sub-Saharan_Africa_(OA)_2025.pdf - Published Version Available under License Creative Commons Attribution Non-commercial. Download (987kB) | Preview

Abstract

This paper examines the effect of institutional quality on total factor productivity (TFP) growth in 31 Sub-Saharan African economies during 1986-2019. Institutional quality, based on Rodrik's (2000) concept of market-supporting institutions aligned with the African Union's Agenda 2063, influences TFP growth alongside exogenous technological progress. We account for multiple structural breaks adopting the Karavias et al. (2022) method. Incorporating the three significant structural breaks identified in 1993, 2002, and 2007, institutional quality consistently contributed to TFP growth during 1986-1993, 1994-2002, and 2003-2007. It had no impact during 2008-2019. Despite institutional quality's support, regional TFP declined during 1986-1993 due to negative technological progress. It grew slowly in 1994-2002 and accelerated its pace during 2003-2007, both powered entirely by enhancements in institutional quality. In 2008-2019, driven by the final ignition of positive technological progress, TFP continued to grow but at a slower rate due to the absence of contribution from institutional quality.

Item Type:	Article
Uncontrolled Keywords:	institutional quality, technological progress, total factor productivity, structural breaks, Sub-Saharan Africa
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory
Faculty / School / Research Centre / Research Group:	Greenwich Business School Greenwich Business School > Political Economy, Governance, Finance and Accountability (PEGFA) Journal of Economic Literature Classification > Political Economy, Governance, Finance and Accountability (PEGFA) Greenwich Business School > School of Accounting, Finance and Economics
Last Modified:	04 Mar 2025 17:16
URI:	http://gala.gre.ac.uk/id/eprint/49925

Actions (login required)

View Item

Downloads