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Financial Development and the Diffusion of Technologies under Uncertainty in Africa

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  • Zivanemoyo Chinzara

Abstract

Using novel measures of technology diffusion and adoption developed by Comin and Hobijn (2012), we examine the role of finance in the timing of adoption and the diffusion of thirteen sectoral technologies in 44 Sub-Saharan Africa countries. These technologies cover sectors such as agriculture, communication and information technology, industry, and transport. The results show that […]

Suggested Citation

  • Zivanemoyo Chinzara, 2014. "Financial Development and the Diffusion of Technologies under Uncertainty in Africa," Working Papers 472, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:472
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    More about this item

    Keywords

    Economic Development; economic growth; institutions; Panel data; Quantitative Methods;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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