Emerging evidence on the relative importance of sectoral sources of growth in Sub-Saharan Africa

Arbeitspapier

Purposeful, well-targeted and successful transformation policies will be elusive for a country or region that does not understand the relative importance of its sectoral sources of growth. This study aims at eliciting our understanding in this respect by providing an assessment of the relative importance of the major sectors as sources of growth in sub-Saharan African (SSA) countries. Our findings reveal that, contrary to the general belief that agriculture is the most important contributor to economic growth in SSA countries, rather it is the service sector that leads, followed by agriculture and manufacturing. While not discounting policies aimed at strengthening all sectors, the service sector particularly needs to be better positioned to foster sustainable economic growth in SSA countries.

Object Details

• ISBN: 978-92-9230-428-7
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WIDER Working Paper ; No. 2011/61

Classification and Topics

• Classification: Wirtschaft ; Economic Growth and Aggregate Productivity: General ; Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence ; Economywide Country Studies: Africa
• Subject: Economic growth ; sectoral drivers ; Arellano-Bond ; Wirtschaftswachstum ; Wirtschaftsstruktur ; Afrika südlich der Sahara

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ogunleye, Eric Kehinde
• Event: Veröffentlichung
• (who): The United Nations University World Institute for Development Economics Research (UNU-WIDER)
• (where): Helsinki
• (when): 2011

Further information

• Handle: http://hdl.handle.net/10419/54020
• Last update: 10.03.2025, 11:41 AM CET