Revised and augmented adjusted net savings and real GDP per capita in Sub-Saharan Africa Online publication date: Fri, 06-May-2022
by Seydi Ababacar Dieng
International Journal of Sustainable Development (IJSD), Vol. 24, No. 3/4, 2021
Abstract: This article measures the effect of revised and augmented adjusted net savings (RANS) - by integrating variables such as health - on the per capita real GDP of Sub-Saharan African (SSA) countries. The results of the estimation by the GMM panel data model dynamics show that the coefficient of RANS ratio with respect to the gross national income is positive and significant at the 5% threshold. Thus, the increase in the ratio of 1% leads to an increase of 0.482 point of real GDP per capita.
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