Modeling the future of knowledge economy: evidence from SSA and MENA countries

Economics Bulletin, 2013, vol. 33, issue 1, 612-624

Abstract: This paper projects the future of knowledge economy (KE) in SSA and MENA countries using the four components of the World Bank's Knowledge Economy Index (KEI): economic incentive, education, ICTs and innovation. The empirical evidence provides the speeds of integration as well as the time necessary to achieve full integration. Findings broadly indicate SSA and MENA countries with low levels in KE will catch-up their counterparts with higher levels in a horizon of 4 to 7.5 years.

Keywords: Knowledge economy; Principal Component Analysis; Panel data; Convergence (search for similar items in EconPapers)
JEL-codes: O3 O5 (search for similar items in EconPapers)
Date: 2013-03-05
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Citations: View citations in EconPapers (62)

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Related works:
Working Paper: Modeling the future of knowledge economy: evidence from SSA and MENA countries (2013)
Working Paper: Modeling the future of knowledge economy: evidence from SSA and MENA countries (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-13-00015

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