Long-Term growth opportunities in Ethiopia

Course ID
Ethiopian Economics Association (EEA)
Mihret Alemu


The paper attempts to investigate the role of institutions in the long-term growth performance of Ethiopia. In this study, it is hypothesized that the long term growth of the country, apart from traditional factors of production i.e. capital and labor is largely influenced by institutional factors. To examine this, the study uses a times series data on important variables for the period 1967/68-2002/03, and employed Johansen cointegration analysis. The variables used are, institutional quality indicators, human capital, labor force, capital stock, road network, and rainfall. The findings of the paper support the above stated hypothesis. Institution and physical capital are found to be significant in both the long and short run models while human capital is found important only in the long run

Corporate Author:Ethiopian Economic Association/Ethiopian Economic Policy Research Institute (EEA/EEPRI)
Publisher:Ethiopian Economic Association (EEA)
Primary Descriptors:Economic policy

Secondary Descriptor:Economic conditions

Geographic Descriptors:Ethiopia
Cataloge Date:03/02/2013
Broad Subject heading:Economic development
Call Number:330.05 ETH JOU
Serial Key Title:Ethiopian Journal of Economics
Publication catagory:Ethiopian Journal of Economics
Content type:EEA Publication
Year:April, 2005
Publication date:2013-03-02 00:00:00
Forum or Discussion date:2013-03-02 00:00:00
PDF file: Mihret Alemu_Long term growth opportunities in Ethiopia.pdf
Place of publication:Addis Ababa, Ethiopia
Type of material:Serial (Journal)
Current frequency:Semiannual
Author: Mihret Alemu

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