Growth, volatility and education: panel evidence from developing countries

The investigation of the growth-volatility link is an important one in empirical macroeconomics. There is no empirical evidence supporting the predictions of recent theoretical models that incorporate and explicitly recognize the role of human capital in this link. The objective of the study is to examine whether the significance of volatility-growth relationship varies according to the average years of education. Using a panel data, we empirically show how the detrimental effect of output volatility on growth is diluted by education. The main contribution of our work is that while the level of volatility negatively affects growth, the effect is mediated via education. This is true even for countries with low as well as moderately high levels of volatility. This finding is consistent with Canton’s (2000) theoretical work. We also provide robustness checks and policy implications of our finding

Modeling poverty and its Determinants in Addis Ababa: a Focus on Multinomial Logit Selection Model

I have used different econometric models (OLS, probit and multinomial logit selection) to analyses factors leading to poverty. The main emphasis of the study is to model determinants of standard of living in Addis Ababa using two-stage estimation technique. In the first step, a multinomial logit model is applied to distinguish between three socio-economic groups. The second stage regression, determinants of standard of living (i.e. total household expenditure per adult equivalent per month) are identified after incorporating the correction term for sample selectivity using the Lee-Heckman method. Among others, variables such as education, access to credit, employment status, gender, marital status and food shortage experience are significant determinants of welfare

Rural poverty report 2001: the challenge of ending rural poverty edited by the INTERNATIONAL FUND FOR AGRICULTURAL DEVELOPMENT (IFAD). (Oxford: Oxford University Press, 2001, pp. 266)

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The paradox of Africa's poverty: the role of indigenous knowledge, traditional practices and local institutions - the case of Ethiopia

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Microeconometric essays on household consumption and poverty in urban Ethiopia

EThOS - Electronic Theses Online ServiceGBUnited Kingdo