Prof. Maswana presented at the Western Economic Association International (WEAI) 92nd Annual Conference (June 25-29, 2017, San Diego, CA, USA,
http://www.weai.org/AC2017
) on the topic “Technology-Intensive Trade Performance and Economic Growth: a re-examination of the empirical evidence for African countries”.
Based on the Augmented Solow’s growth model and using System-GMM Panel Estimator, the results show that,
contrary to numerous claims elsewhere, trade in more technology-intensive industries implies a greater potential for sustained economic growth rates.
This finding implies that simply increasing the volume of exports may have been a necessary igniter of economic growth thus far,
but it may not be a sufficient driver of long-run economic growth for Low-income African economies.
The paper will be published in the Contemporary Economic Policy Journal.
