Arbeitspapier

Africa's Industrialization Prospects: A Fresh Look

This paper identifies the determinants of industrialization in 18 African countries, 1965 to 2018, using various estimators and applying a battery of robustness checks. Industrialization in Africa is driven by historical legacies such as colonialism; geographical factors such as rainfall and distance from international markets; economic factors such competition from China, market size and urbanization; and technological factors such as digital technology adoption. An inverse U-shape relationship between industrialization and GDP per capita is consistent with (premature) de-industrialization. Technological change and adoption of digital technologies are found to have an ambiguous relationship with industrialisation in Africa. The establishment of the AfCFTA is timely, but its benefits will only be realised if countries also improve infrastructure to overcome the negative consequences of adverse geography, improve trade facilitation to exploit learning-by-exporting from intra-African trade, and facilitate urbanization.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 16043

Klassifikation
Wirtschaft
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Technological Change: Choices and Consequences; Diffusion Processes
Human Capital; Skills; Occupational Choice; Labor Productivity
Macroeconomics: Consumption; Saving; Wealth
Aggregate Factor Income Distribution
Thema
industrialization
development
employment
technology
trade
Africa

Ereignis
Geistige Schöpfung
(wer)
Naudé, Wim
Tregenna, Fiona
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2023

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Naudé, Wim
  • Tregenna, Fiona
  • Institute of Labor Economics (IZA)

Entstanden

  • 2023

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