Publication Information
Published by: Admin
Published: 16 days ago
View: 10
Pages: 18
ISBN: 1
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Abstract
Following the
literature on leadership impact, this article examines the effect of
presidential attributes on the level of economic complexity in African
countries. For this purpose, a sample of 28 countries observed over the period
1998 to 2020 was selected. Based on estimates using the ordinary least squares
(OLS) and the feasible generalized least squares (FGLS) estimators, it is
established that the President's education and occupation are important factors
in economic complexity. These results are robust to the employment of various
methodologies. The study identifies two potential transmission channels through
which the president's attributes influence economic complexity. These
mechanisms are institutional quality and human capital.
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