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O55

Africa
Publication

The Fertility Transition: Panel Evidence from sub-Saharan Africa

Carolyn Chisadza and Manoel Bittencourt
We investigate the effects of different socioeconomic indicators on fertility rates in 48 sub- Saharan African countries between 1970 and 2012. The results, based on panel analysis with fi xed effects and instrumental variables, show that initially income per capita and infant mor tality explain a...
Jul 2016
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Publication

Comovement Between Africa and Advanced Economies: 1980-2011

Carike Claassen, Elsabe Loots and Alain Kabundi
This paper analyses business cycle comovement between African economies and advanced economies. It covers the period 1980 to 2011. The empirical analysis is based on the Dynamic Factor Model applied to annual data for African and G7 countries, covering the period 1980 to 2011. The results indicate...
Feb 2016
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Publication

Financial sector development, Inflation and Openness: A comparative panel study of ECOWAS and SADC

Sulemana Mahawiya
This paper provides an empirical analysis of the comparative study between the Economic Community of West African States (ECOWAS) and Southern African Development Community (SADC) on the role of inflation in explaining the state of financial development of the two regions. In addition, the study...
Jun 2015
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Publication

Political transition in a small open economy: Retracing the economic trail of South Africa’s long walk to democracy

Biniam E. Bedasso
This paper seeks to offer an economic explanation for the emergence of democracy in societies with high income inequality and narrow middle-class such as Apartheid South Africa. The presence of a credible threat of capital flight is shown to render democracy less unpleasant to the elites by making...
Sep 2014
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Publication

Democracy and Education: Evidence from the Southern African Development Community

Manoel Bittencourt
In this paper I investigate whether democracy in the Southern African Development Community (SADC) has had any effect on education during the 1980-2009 period. The results, based on panel time-series analysis (I use the Pooled OLS and Fixed Effects estimators in order to deal with heterogeneity and...
May 2014
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