Service export sophistication and economic growth

Abstract

The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the views of the International Bank for Reconstruction and Development/World Bank and its affiliated organizations, or those of the Executive Directors of the World Bank or the governments they represent.

Mobile Phone Innovation and Inclusive Human Development: Evidence from Sub-Saharan Africa

“…In accordance with the inclusive growth/development literature, we expect a positive relationship between selected covariates and the dependent variable (see Mishra et al, 2011;Anand et al, 2012;Seneviratne & Sun, 2013;Mlachila et al, 2014). According to Mlachila et al (2014) and Ssozi and Asongu (2015), remittances are expected to increase inclusive human development because they are used for consumption purposes for the most part.…”

“…We find the net effect of the interaction term to be positive and significant suggesting that education and mobile phones play important role in innovation and consequently inclusive human We therefore conclude that the interaction of mobile phones and the level of education and innovation improve inclusive human development. It is important to point out that, our results are robust after controlling for GDP, private credit, remittances and foreign direct investment which have been identified as factors affecting human development (Mishra et al, 2011;Anand et al, 2012;Seneviratne and Sun, 2013;Mlachila et al, 2014;and Ssozi and Asongu, 2015).…”

The Comparative Exploration of Mobile Money Services in Inclusive Development

“…This is fundamentally because, chaotic inflation is favourable to uncertainty and investors have been (Levine, 2005); less negative volatility of output and low/stable inflation (Dollar & Kraay, 2003;Barro & Lee, 2010); modernisation of production facilities (Mishra et al, 2011); development of domestic infrastructure (Calderon & Servén, 2004;Seneviratne & Sun, 2013) and enhancement of value chains (Hausmann et al, 2007;Anand, et al, 2012).…”

Welfare spending and quality of growth in developing countries: A note on evidence from Hopefuls, Contenders and Best Performers

“…While structural change entails globalisation (FDI and trade), human capital and macroeconomic stability embody, inter alia: educational levels, technological change and fixed investment. Other structural and macroeconomic features essential for the growth process are inflation and 8 output volatility (Dollar & Kraay, 2003;Barro & Lee, 2010), finance (Levine, 2005); infrastructural development (Calderon & Servén, 2004;Seneviratne & Sun, 2013); development of value chains (Hausmann et al, 2007;Anand, et al, 2012) and production modernization (Mishra et al, 2011). The summary statistics are presented in Appendix 2 whereas the correlation matrix is in Appendix 3.…”