This study examines Africa’s reliance on imported products using fivecriteria: market concentration, foreign demand, capacity for domestic substitution, market relevance, and product elasticity of substitution. Byanalyzing Africa’s imports with over…
The finite nature of certain fossil fuels, which are essential inputs in production, imposes a substantial constraint on the economy's long-term growth potential. This paper develops an endogenous directed technical change model under uncertainty…
This study analyzes the effect of China’s import dominance on Africa’s structural transformation, measured through the Shapley decomposition approach. A pooled mean group Autoregressive Distributed Lag (PMG-ARDL) model is analyzed using panel data…