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Showing 431-440 of 742 results

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• Document

  Enterprise performance and the functional diversity of social capital

  Centre for the Study of African Economies, Oxford, 1998

  Entrepreneurial networks are multifunctional; they can be used to access information about technologies and markets or to reduce uncertainties.  A network's function affects its structure and both the magnitude and nature of the impact that it has on enterprise performance. Networks that reduce uncertainty are small and cohesive.
• Document

  Political, economic and social institutions : a review of growth evidence

  Centre for the Study of African Economies, Oxford, 1998

  Integrates North's institutional framework with the notion of institutions in the augmented Solow growth model, to clarify the direct and indirect channels by which institutions influence growth. Four ways to extend the Solow model in order to incorporate a rôle for institutions are outlined; and growth regressions are reinterpreted in this light.
• Document

  Financial liberalisation and interest rate risk management in Sub-Saharan Africa

  Centre for the Study of African Economies, Oxford, 1996

  The appropriateness of financial liberalisation in Africa - at least over the short-term - is in doubt. It has been suggested that the credit risks faced by financial institutions will be detrimental to the supply of credit. The contribution of this paper is to point out that financial liberalisation creates a significant interest rate risk.
• Document

  The effects of regime-switching uncertainty on irreversible investment decisions

  Centre for the Study of African Economies, Oxford, 1996
• Document

  Transient seasonal and chronic poverty of peasants : evidence from Rwanda

  Centre for the Study of African Economies, Oxford, 1997

  Using panel data from Rwanda, we estimate seasonal transient and chronic poverty indices,  for different poverty line, poverty indicators, equivalence scale, and with and without the corrections for price variability and for the sampling scheme. We also estimate sampling standard errors for the poverty indices. The worse poverty crises occur after the dry season at the end of the year.
• Document

  Investment in Africa's manufacturing sector : a four country panel data analysis

  Centre for the Study of African Economies, Oxford, 1997

  Firm-level data for the manufacturing sector in Africa, presented in this paper, shows very low levels of investment. A positive effect from profits onto investment is identified in a flexible accelerator specification of the investment function controlling for firm fixed effects. There is evidence that this effect is confined to smaller firms.
• Document

  Real wages and the demand for skilled and unskilled male labour in Ghana's manufacturing sector : 1991-1995

  Centre for the Study of African Economies, Oxford, 1997

  Real wage rates in Ghana have fallen substantially over the last twenty years. In this paper survey data for the years 1991-1996 is used to assess whether this fall has continued in the 1990s.
• Document

  Dualistic sector choice and female labour supply : evidence from formal and informal sectors in Cameroon

  Centre for the Study of African Economies, Oxford, 1997

  In developing countries, labour supply and activity choices are distorted by the existence of labour market imperfections restricting the entry in the activity sectors or rationing the worked hours. The presence of decreasing returns to labour in the informal sector is another specific characteristic of labour market dualism in LDCs.
• Document

  Determinants of the real exchange rate in South Africa

  Centre for the Study of African Economies, Oxford, 1997

  The real exchange rate is a key policy variable in South Africa's open economy. A cointegration framework is used with single equation equilibrium correction models to investigate the short-run and long-run equilibrium determinants of the quarterly real exchange rate, 1970:1–1995:1.
• Document

  Does "getting prices right" work? : micro evidence from Ghana

  Centre for the Study of African Economies, Oxford, 1995

  The question posed in this paper is whether structural adjustment programs have had the consequences policy intended and theory predicts. It uses evidence from a micro survey of manufacturing firms in Ghana to assess whether policy has effected an expansion of the exportable sector within manufacturing, the growth of small firms and an increase in exports and investment.

Pages