Technology Trap and Poverty Trap in Sub-Saharan Africa

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dc.creatorFofack, Hippolyte
dc.date2012-05-25T22:15:52Z
dc.date2012-05-25T22:15:52Z
dc.date2008-03
dc.date.accessioned2026-07-01T01:12:09Z
dc.descriptionSince the industrial revolution, advances in science and technology have continuously accounted for most of the growth and wealth accumulation in leading industrialized economies. In recent years, the contribution of technological progress to growth and welfare improvement has increased even further, especially with the globalization process which has been characterized by exponential growth in exports of manufactured goods. This paper establishes the existence of a technology trap in Sub-Saharan Africa. It shows that the widening income and welfare gap between Sub-Saharan Africa and the rest of world is largely accounted for by the technology trap responsible for the poverty trap. This result is supported by empirical evidence which suggests that if countries in Sub-Saharan Africa were using the same level of technology enjoyed by industrialized countries income levels in Sub-Saharan Africa would be significantly higher. The result is robust, even after controlling for institutional, macroeconomic instability and volatility factors. Consistent with standard one-sector neoclassical growth models, this suggests that uniform convergence to a worldwide technology frontier may lead to income convergence in the spherical space. Overcoming the technology trap in Sub-Saharan Africa may therefore be essential to achieving the Millennium Development Goals and evolving toward global convergence in the process of economic development.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2008/03/9296609/technology-trap-poverty-trap-sub-saharan-africa
dc.identifierhttps://hdl.handle.net/10986/6491
dc.identifierhttps://doi.org/10.1596/1813-9450-4582
dc.identifier.urihttp://hdl.handle.net/123456789/416068
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper; No. 4582
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectABSOLUTE TERMS
dc.subjectAGGREGATE LEVEL
dc.subjectAGGREGATE OUTPUT
dc.subjectAGRICULTURAL OUTPUT
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectAGRICULTURAL SECTOR
dc.subjectAGRICULTURE
dc.subjectATTRIBUTES
dc.subjectAVERAGE GROWTH
dc.subjectAVERAGE GROWTH RATE
dc.subjectAVERAGE INCOME
dc.subjectBALANCE OF PAYMENTS
dc.subjectBASIC
dc.subjectBEST PRACTICE
dc.subjectBUSINESS CLIMATE
dc.subjectBUSINESS CYCLES
dc.subjectBUSINESS ENVIRONMENT
dc.subjectCAPABILITIES
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL DEVELOPMENT
dc.subjectCAPITAL MARKETS
dc.subjectCHOICE OF TECHNOLOGY
dc.subjectCOMMERCE
dc.subjectCOMMODITIES
dc.subjectCOMMUNICATION TECHNOLOGY
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPONENTS
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONSUMPTION GROWTH
dc.subjectCONVERGENCE HYPOTHESIS
dc.subjectCOVARIANCE MATRIX
dc.subjectDATA AVAILABILITY
dc.subjectDATA COMPRESSION
dc.subjectDATA REDUCTION
dc.subjectDATA SETS
dc.subjectDEPENDENT VARIABLE
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPED WORLD
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING WORLD
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT GOALS
dc.subjectDEVELOPMENT INDICATORS
dc.subjectDEVELOPMENT PROCESSES
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDIMINISHING RETURNS
dc.subjectDIVERSIFICATION
dc.subjectDOMESTIC CREDIT
dc.subjectECONOMETRICS
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC HISTORY
dc.subjectECONOMIC INEFFICIENCY
dc.subjectECONOMIC LITERATURE
dc.subjectECONOMIC OVERHEATING
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIES OF SCALE
dc.subjectELASTICITY
dc.subjectELASTICITY OF SUBSTITUTION
dc.subjectEMPIRICAL EVIDENCE
dc.subjectEMPIRICAL RESULTS
dc.subjectEMPIRICAL STUDIES
dc.subjectENGINEERING
dc.subjectENGINEERS
dc.subjectEQUILIBRIUM
dc.subjectEQUIPMENT
dc.subjectEXCESS SUPPLY
dc.subjectEXOGENOUS VARIABLES
dc.subjectEXPLANATORY VARIABLES
dc.subjectEXPORTS
dc.subjectEXTERNALITIES
dc.subjectFINANCIAL DEPTH
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFIXED COSTS
dc.subjectFIXED EFFECTS
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGEOGRAPHIC POVERTY TRAPS
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL LEVEL
dc.subjectGLOBALIZATION
dc.subjectGROWTH ELASTICITY
dc.subjectGROWTH MODEL
dc.subjectGROWTH MODELS
dc.subjectGROWTH POTENTIALS
dc.subjectGROWTH PROSPECTS
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectGROWTH THEORY
dc.subjectHIGH TECHNOLOGY
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN DEVELOPMENT
dc.subjectHUMAN RESOURCE
dc.subjectHUMAN RESOURCE DEVELOPMENT
dc.subjectINCOME
dc.subjectINCOME ELASTICITY
dc.subjectINCOME GROWTH
dc.subjectINCOME INEQUALITY
dc.subjectINCOME LEVELS
dc.subjectINCREASING RETURNS
dc.subjectINCREASING RETURNS TO SCALE
dc.subjectINDEPENDENT VARIABLES
dc.subjectINDUSTRIAL DEVELOPMENT
dc.subjectINDUSTRIAL REVOLUTION
dc.subjectINDUSTRIALIZATION
dc.subjectINDUSTRIALIZED COUNTRIES
dc.subjectINFLATION RATE
dc.subjectINNOVATION
dc.subjectINNOVATIONS
dc.subjectINSTITUTION
dc.subjectINSTITUTIONAL FRAMEWORK
dc.subjectINTERNATIONAL TRADE
dc.subjectINVENTIONS
dc.subjectINVESTMENT FUNCTIONS
dc.subjectKNOWLEDGE ECONOMY
dc.subjectKNOWLEDGE SOCIETIES
dc.subjectLABOR FORCE
dc.subjectLEARNING
dc.subjectLIVING STANDARDS
dc.subjectLONG RUN
dc.subjectLONG-RUN GROWTH
dc.subjectLOSS OF INFORMATION
dc.subjectLOW-INCOME COUNTRIES
dc.subjectM2
dc.subjectMACROECONOMIC INSTABILITY
dc.subjectMANUFACTURING
dc.subjectMARGINAL EFFECT
dc.subjectMARKET ECONOMIES
dc.subjectMEAN VALUE
dc.subjectMEDICINE
dc.subjectMICRO DATA
dc.subjectMICRO MODEL
dc.subjectMONETARY ECONOMICS
dc.subjectNEOCLASSICAL MODELS
dc.subjectNEW TECHNOLOGIES
dc.subject0 HYPOTHESIS
dc.subjectOIL EXPORTERS
dc.subjectOUTPUT GAP
dc.subjectOUTPUT GROWTH
dc.subjectPARTIAL EQUILIBRIUM ANALYSIS
dc.subjectPER CAPITA INCOME
dc.subjectPOLICY IMPLICATIONS
dc.subjectPOLICY LEVEL
dc.subjectPOLICY RESEARCH
dc.subjectPOLITICAL ECONOMY
dc.subjectPOOR COUNTRIES
dc.subjectPOVERTY GAP
dc.subjectPOVERTY RATE
dc.subjectPOVERTY RATES
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY TRAPS
dc.subjectPRIMARY PRODUCTS
dc.subjectPRO-POOR
dc.subjectPRO-POOR GROWTH
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTION FUNCTIONS
dc.subjectPRODUCTION PROCESSES
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPUBLIC POLICY
dc.subjectPUBLIC SPENDING
dc.subjectPUBLISHING
dc.subjectPURCHASING POWER
dc.subjectPURCHASING POWER PARITY
dc.subjectR&D
dc.subjectREAL GDP
dc.subjectREAL INTEREST RATES
dc.subjectRESULT
dc.subjectRICH COUNTRIES
dc.subjectSATELLITE
dc.subjectSAVING RATE
dc.subjectSCALE EFFECT
dc.subjectSCIENTISTS
dc.subjectSEMICONDUCTORS
dc.subjectSIGNIFICANT REDUCTION
dc.subjectSIMULATION
dc.subjectSKEWED DISTRIBUTION
dc.subjectSKILLED LABOR
dc.subjectSUB-SAHARAN AFRICA
dc.subjectTECHNOLOGICAL ADVANCES
dc.subjectTECHNOLOGICAL INFRASTRUCTURE
dc.subjectTECHNOLOGICAL INNOVATIONS
dc.subjectTECHNOLOGICAL PROGRESS
dc.subjectTECHNOLOGY FRONTIER
dc.subjectTECHNOLOGY TRANSFERS
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTRADE OPENNESS
dc.subjectTRADE SHOCKS
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATES
dc.subjectUSERS
dc.subjectWEALTH
dc.subjectWEALTH CREATION
dc.subjectWEB
dc.subjectWORLD INCOME DISTRIBUTION
dc.titleTechnology Trap and Poverty Trap in Sub-Saharan Africa

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