The economic growth in Sub-Sahara African (SSA) IDB member countries has been encouraging over the last decade; however, it is still not high enough to enable these countries to overcome the persistent poverty. Ther...The economic growth in Sub-Sahara African (SSA) IDB member countries has been encouraging over the last decade; however, it is still not high enough to enable these countries to overcome the persistent poverty. There is thus a need to raise substantially real GDP growth rates on a sustained basis, both through the productivity channel and factor accumulation such as labor and capital. This study focuses on "the source of economic growth in SSA IDB member countries" with the objective of identifying the main driving factors of economic growth in the region using the growth accounting framework and extending the existing analysis both by country and time coverage. The paper is expected to be useful for the policymakers in the region to have a clear picture on the main sources of growth, and thus help them in identifying strategic reform areas of intervention in line with the most binding factors of growth. The data used in this study cover 20 Sub-Sahara African countries covering the period 1990-2012. The data set includes real GDP, labor force, and capital stock. The source of data is the various version of the World Economic Outlook, IMF. Capital stock is estimated using perpetual inventory method and the base year is 1970. In estimating growth accounting model, a translog production function is applied using panel data and random effects model. Empirical results show that the capital accumulation is the most important individual factor in GDP growth (52%) followed by workforce accumulation (39%) while total factor productivity (TFP) accounts for meagre 8%. This suggests that, on average, real GDP growth in Sub-Sahara African countries was driven primarily by factor accumulation with a low level of TFP. In addition, the elasticity of labor was lower than that of capital indicating that the labor played very little role in GDP growth most likely due to unskilled labor force or mismatch of labor skills with the production process. Furthermore, this also adversely affects both the TFP growth and the share of capital growth to the GDP growth. The results indicate that the critical constraint to the economic growth appears to be poor labor skills that lead to both low labor productivity and under-utilization of capital stock.展开更多
To mitigate impacts of sandstorms on northern China, the Chinese government launched the Beijing- Tianjin Sand Source Control Program (BTSSCP) in 2000. The associated practices (i.e., cultivation, enclosure, and ae...To mitigate impacts of sandstorms on northern China, the Chinese government launched the Beijing- Tianjin Sand Source Control Program (BTSSCP) in 2000. The associated practices (i.e., cultivation, enclosure, and aerial seeding) were expected to greatly enhance grassland carbon sequestration. However, the BTSSCP-induced soil organic carbon (SOC) dynamics remain elusive at a regional level. Using the Xilingol League in Inner Mongolia for a case study, we examined the impacts from 2000 to 2006 of the BTSSCP on SOC stocks using the IPCC carbon budget inventory method. Results indicated that over all practices SOC storage increased by 1.7%, but there were large differences between practices. SOC increased most rapidly at the rate of 0.3 Mg C.ha-1 "yr-1 under cultivation, but decreased signifi- cantly under aerial seeding with moderate or heavy grazing (0.3 vs.0.6 Mg C-ha-I .yr-1). SOC increases varied slightly for grassland types, ranging from 0.10 Mg C-ha-1 .yr-a for temperate desert steppe to 0.16 Mg C.ha-l.yr-1 for temperate meadow steppe and lowland meadow. The overall economic benefits of the SOC sink were estimated to be 4.0 million CNY. Aerial seeding with no grazing was found to be the most cost-effective practice. Finally, we indicated that at least 55.5 years (shortest for cultivation) were needed for the grasslands to reach their potential carbon stocks. Our findings highlight the importance and effectiveness of BTSSCP in promoting terrestrial carbon sequestration which may help mitigate climate change, and further stress the need for more attention to the effective- ness of specific practices.展开更多
文摘The economic growth in Sub-Sahara African (SSA) IDB member countries has been encouraging over the last decade; however, it is still not high enough to enable these countries to overcome the persistent poverty. There is thus a need to raise substantially real GDP growth rates on a sustained basis, both through the productivity channel and factor accumulation such as labor and capital. This study focuses on "the source of economic growth in SSA IDB member countries" with the objective of identifying the main driving factors of economic growth in the region using the growth accounting framework and extending the existing analysis both by country and time coverage. The paper is expected to be useful for the policymakers in the region to have a clear picture on the main sources of growth, and thus help them in identifying strategic reform areas of intervention in line with the most binding factors of growth. The data used in this study cover 20 Sub-Sahara African countries covering the period 1990-2012. The data set includes real GDP, labor force, and capital stock. The source of data is the various version of the World Economic Outlook, IMF. Capital stock is estimated using perpetual inventory method and the base year is 1970. In estimating growth accounting model, a translog production function is applied using panel data and random effects model. Empirical results show that the capital accumulation is the most important individual factor in GDP growth (52%) followed by workforce accumulation (39%) while total factor productivity (TFP) accounts for meagre 8%. This suggests that, on average, real GDP growth in Sub-Sahara African countries was driven primarily by factor accumulation with a low level of TFP. In addition, the elasticity of labor was lower than that of capital indicating that the labor played very little role in GDP growth most likely due to unskilled labor force or mismatch of labor skills with the production process. Furthermore, this also adversely affects both the TFP growth and the share of capital growth to the GDP growth. The results indicate that the critical constraint to the economic growth appears to be poor labor skills that lead to both low labor productivity and under-utilization of capital stock.
文摘To mitigate impacts of sandstorms on northern China, the Chinese government launched the Beijing- Tianjin Sand Source Control Program (BTSSCP) in 2000. The associated practices (i.e., cultivation, enclosure, and aerial seeding) were expected to greatly enhance grassland carbon sequestration. However, the BTSSCP-induced soil organic carbon (SOC) dynamics remain elusive at a regional level. Using the Xilingol League in Inner Mongolia for a case study, we examined the impacts from 2000 to 2006 of the BTSSCP on SOC stocks using the IPCC carbon budget inventory method. Results indicated that over all practices SOC storage increased by 1.7%, but there were large differences between practices. SOC increased most rapidly at the rate of 0.3 Mg C.ha-1 "yr-1 under cultivation, but decreased signifi- cantly under aerial seeding with moderate or heavy grazing (0.3 vs.0.6 Mg C-ha-I .yr-1). SOC increases varied slightly for grassland types, ranging from 0.10 Mg C-ha-1 .yr-a for temperate desert steppe to 0.16 Mg C.ha-l.yr-1 for temperate meadow steppe and lowland meadow. The overall economic benefits of the SOC sink were estimated to be 4.0 million CNY. Aerial seeding with no grazing was found to be the most cost-effective practice. Finally, we indicated that at least 55.5 years (shortest for cultivation) were needed for the grasslands to reach their potential carbon stocks. Our findings highlight the importance and effectiveness of BTSSCP in promoting terrestrial carbon sequestration which may help mitigate climate change, and further stress the need for more attention to the effective- ness of specific practices.