nep-knm 2019-07-22 papers

on Knowledge Management and Knowledge Economy

Issue of 2019‒07‒22
one paper chosen by
Laura Ştefănescu
Centrul European de Studii Manageriale în Administrarea Afacerilor

Trajectories of Knowledge Economy in SSA and MENA countries By Simplice A. Asongu; Antonio R. Andrés

Trajectories of Knowledge Economy in SSA and MENA countries

By:	Simplice A. Asongu (Yaoundé/Cameroon); Antonio R. Andrés (antonio.rodriguez.andres@vsb.cz)
Abstract:	In the first critical assessment of knowledge economy dynamic paths in Africa and the Middle East, but for a few exceptions, we find overwhelming support for diminishing cross-country disparities in knowledge-based economy dimensions. The paper employs all the four components of the World Bankâ€™s Knowledge Economy Index (KEI): economic incentives, innovation, education, and information infrastructure. The main finding suggests that sub-Saharan African (SSA) and the Middle East and North African (MENA) countries with low levels of KE dynamics and catching-up their counterparts of higher KE levels. We provide the speeds of integration and time necessary to achieve full (100%) integration. Policy implications are also discussed.
Keywords:	Knowledge economy; Principal component analysis; Panel data; Convergence; Development
JEL:	F42 O10 O38 O57 P00
Date:	2019–01
URL:	http://d.repec.org/n?u=RePEc:exs:wpaper:19/013&r=all

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