Trajectories in Knowledge Economy: Empirics from SSA and MENA countries

Simplice Asongu and Antonio Andres

No 15/060, Working Papers of the African Governance and Development Institute. from African Governance and Development Institute.

Abstract: In the first critical assessment of knowledge economy dynamic paths in Africa and the Middle East, but for a few exceptions, we find overwhelming support for diminishing cross-country disparities in knowledge-base-economy dimensions. The paper employs all the four components of the World Bank’s Knowledge Economy Index (KEI): economic incentives, innovation, education, and information infrastructure. The main finding suggests that sub-Saharan African (SSA) and the Middle East and North African (MENA) countries with low levels in KE dynamics and catching-up their counterparts of higher KE levels. We provide the speeds of integration and time necessary to achieve full (100%) integration. Policy implications are discussed.

Keywords: Knowledge economy; Principal component analysis; Panel data; Convergence (search for similar items in EconPapers)
JEL-codes: F42 O10 O38 O57 P00 (search for similar items in EconPapers)
Pages: 32
Date: 2015-12
New Economics Papers: this item is included in nep-ara, nep-ino and nep-knm
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http://www.afridev.org/RePEc/agd/agd-wpaper/Trajec ... d-MENA-Countries.pdf Revised version, 2015 (application/pdf)

Related works:
Working Paper: Trajectories in Knowledge Economy: Empirics from SSA and MENA countries (2015)
Working Paper: Trajectories in Knowledge Economy: Empirics from SSA and MENA countries (2015)
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