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Institutional dynamics and capital accumulation: Evidence from Namibia and Tanzania

Bernhard P. Zaaruka

No 318, Working Papers from Economic Research Southern Africa

Abstract: 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 fundamental determinants of economic outcomes and income variations among countries […]

Keywords: Africa; capital; Infrastructure; investment; SADC; uncertainty (search for similar items in EconPapers)
JEL-codes: E02 K00 N4 O1 (search for similar items in EconPapers)
Date: 2012-10-01
New Economics Papers: this item is included in nep-afr and nep-dev
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