Composite Index of Inclusive Growth in Sub-Saharan Africa: The Inclusion of the Informal Sector

South Asian Journal of Social Studies and Economics

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Title Composite Index of Inclusive Growth in Sub-Saharan Africa: The Inclusion of the Informal Sector
 
Creator Messono, Omang Ombolo
Homère III, Nsoga Nsoga Mermoz
 
Description This paper aims to provide a composite index of inclusive growth in 32 sub-Saharan African countries between 1995 and 2014 by taking into account the importance of the informal sector. Following the principal component analysis methods, we find specifically that except for countries such as Djibouti, Burkina Faso, Mauritius, Nigeria and Zimbabwe, inclusive growth has trended upward over the study period. This trend is non-linear and is characterized by two sub periods. From 1995 to 2005, the composite index of inclusive growth is essentially negative. On the other hand, positive growth in value is recorded over the second sub-period from 2005 to 2014. Overall and on average, these countries have experienced inclusive growth. Moreover, we also note that in countries such as Burkina Faso, Mauritius and Nigeria, on the side-lines of the informal sector inclusive growth has a negative trend. However, when we integrate the informal sector, the trend of inclusive growth changes sign and becomes positive.
 
Publisher South Asian Journal of Social Studies and Economics
 
Date 2020-03-27
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://journalsajsse.com/index.php/SAJSSE/article/view/30161
10.9734/sajsse/2020/v6i230161
 
Source South Asian Journal of Social Studies and Economics; 2020 - Volume 6 [Issue 2]; 1-16
2581-821X
 
Language eng
 
Relation https://journalsajsse.com/index.php/SAJSSE/article/view/30161/56593
https://journalsajsse.com/index.php/SAJSSE/article/view/30161/56594
 
Rights Copyright (c) 2020 © 2020 Messono and Homère; This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
 

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