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Key players in economic development

Author

Listed:
  • Amarasinghe, Ashani
  • Hodler, Roland
  • Raschky, Paul A.
  • Zenou, Yves

Abstract

This paper analyzes the role of networks in the spatial diffusion of local economic shocks in Africa. We show that geographic connectivity, along with road and ethnic connectivity, are important for diffusing economic spillovers over longer distances. We then determine the key players, that is, which districts are key in propagating local economic shocks across Africa. Using these results, we conduct counterfactual policy exercises to evaluate the potential gains from policies that increase economic activity in specific districts or improve road connectivity between districts.

Suggested Citation

  • Amarasinghe, Ashani & Hodler, Roland & Raschky, Paul A. & Zenou, Yves, 2024. "Key players in economic development," Journal of Economic Behavior & Organization, Elsevier, vol. 223(C), pages 40-56.
    • Handle: RePEc:eee:jeborg:v:223:y:2024:i:c:p:40-56
    DOI: 10.1016/j.jebo.2024.05.001
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    Cited by:

    1. Lindquist, Matthew J. & Patacchini, Eleonora & Vlassopoulos, Michael & Zenou, Yves, 2024. "Spillovers in Criminal Networks: Evidence from Co-offender Deaths," IZA Discussion Papers 17113, Institute of Labor Economics (IZA).

    More about this item

    Keywords

    Networks; Spatial spillovers; Key player centrality; Natural resources; Transportation; Africa;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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