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Phases of Higher Education, Tuition Grants, and Equity-Efficiency Tradeoff

Yoseph Y. Getachew
We study how taxes and alternative higher education subsidies affect equity-efficiency trade-off for countries at different phases of higher education development. We find a scholarship program is the most efficient higher-education-subsidy program at all stages of higher education development due...
Jan 2021
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Publication

Risk Preferences and the Impact of Credit and Insurance on Farm Technology Uptake

Martine Visser, Hafsah Jumare and Kerri Brick
We use a series of credit and insurance simulation games to test the role of access to credit and insurance on magnitude and timing of farm technology uptake with small-scale farmers in South Africa. Using Cumulative Prospect Theory, we assess how insurance impacts technology uptake given risk...
Mar 2019
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The effect of financial inclusion on welfare in sub-Saharan Africa: Evidence from disaggregated data

Anthanasius Fomum Tita and Meshach Jesse Aziakpono
Over two decades sub-Saharan Africa has grown an average by 4.8% per annum. A trend called “Africa rising in the literature” but this robust economic growth seem to have benefited only a minority of elite individuals as poverty in the region remains high and income inequality continues to rise...
May 2017
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Publication

Measurement and Analysis of the Evolution of Institutions in Nigeria

David O. Fadiran, Mare Sarr, Johannes W. Fedderke
“Institutions matter” has become a generally accepted premise in development economics. The growth and development problems in Nigeria are also common knowledge. To better understand these problems a proper characterization of institutions in Nigeria is essential. Conducting empirical test of the...
Feb 2017
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Publication

Path Dependence and Interdependence Between Institutions and Development

David Fadiran and Mare Sarr
Path dependence theory, within the institutions context, means that the path of institutions promulgated within a system historically determines the nature of institutions that will ensue within the same system in the present and in the future. The paper makes use of a newly constructed index of...
Oct 2016
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Publication

Growth (and Segregation) by Rail: How the Railways Shaped Colonial South Africa

Johan Fourie and Alfonso Herranz-Loncan
The railway played a large part in late nineteenth century and early twentieth century globalization since, to benefit from the international economy, peripheral countries needed cheap inland transport. This paper discusses how the railway transformed the economy of South Africa’s Cape Colony...
Aug 2015
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Publication

Diagnosing Deep Roots of Development: Genetic, Disease and Environmental Factors

Johannes W. Fedderke, Robert E. Klitgaard, James P. MacMurray, Valerio Napolioni
We examine the association between indicators of real GDP per capita and the ACP1 genetic adaptation to disease and ultraviolet radiation environment. We find a strong impact that varies across the A, B, and C alleles. The result is robust to controlling for reversal of fortunes, migration, and...
Sep 2014
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Institutional dynamics and capital accumulation: Evidence from Namibia and Tanzania

B.P. Zaaruka
The purpose of this study is to examine the impact of institutions on fixed capital accumulation over time in two developing countries, both former German colonies: Namibia and Tanzania. This is motivated by two recent underpinning theories: the new institutional theory, which views institutions as...
Oct 2012
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Measuring Institutions: Indicators of Political and Economic Institutions in Namibia: 1884 - 2008

B.P. Zaaruka and J.W. Fedderke
This paper presents a database on institutional measures for Namibia for the period 1884 to 2008. Using the techniques of principal components and factor analysis in aggregating these indicators, the study does two things. First, it illustrates a methodology for constructing de jure and de facto...
Aug 2011
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