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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Persistent link: https://EconPapers.repec.org/RePEc:rza:wpaper:318
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