04351nam 2200661 450 991046359580332120181115033029.01-4623-1543-71-4527-1477-01-282-84123-81-4518-7030-29786612841231(CKB)3170000000055067(EBL)1607938(SSID)ssj0000943970(PQKBManifestationID)11503134(PQKBTitleCode)TC0000943970(PQKBWorkID)10982355(PQKB)11592824(OCoLC)440837122(MiAaPQ)EBC1607938(EXLCZ)99317000000005506720140226h20082008 uy 0engurcnu||||||||txtccrAfrica's oil abundance and external competitiveness do institutions matter? /Mahvash Saeed Qureshi ; authorized for distribution by Cyrille Briançon[Washington, District of Columbia] :International Monetary Fund,2008.©20081 online resource (46 p.)IMF Working PapersIMF working paper ;WP/08/172Description based upon print version of record.1-4519-1483-0 Includes bibliographical references.Contents; I. Introduction; II. Oil Abundance: Blessing or Curse?; A. Africa's Oil Riches and Competitiveness; III. Measuring Competitiveness; A. Export Performance; Figures; 1. Growth in Total and Oil Export Volume, 1970-2006; 2. Share of Oil Exports in Total Exports and GDP, 1970-2006; B. Export Structure and Diversification; Tables; 1. Export Structure by Product Category, 1970-2005; 3. Share in World Exports, 1970-2006; 2. Product Categories with Revealed Comparative Advantage, 1970-2005; 3. Sectoral Distribution of Revealed Comparative Advantage, 20054. Export Structure and Concentration, 1970-2005 C. Productivity, Infrastructure, and Human Capital; 5. World Share of Nonfuel Merchandise Exports, 1970-2005; 6. Real GDP and Non-oil GDP per Capita (US thousands), 1970-2006; 4. ICT and Transport Infrastructure Indicators for Selected Economies, 2005; D. Institutional Quality; 5. OPAC Human Development Indicators, 2005; 7. DBI Ranking for OPAC and Selected Economies, 2007; 8. WGI for OPAC and Selected Economies, 1998-2006; 9. GCI Rankings for Selected Economies, 2006; IV. Institutional Quality and Export Competitiveness10. Oil Abundance and Non-oil Exports A. Methodology; B. Data Issues; C. Results; D. Sensitivity Analysis; 6. Institutions and Real Non-oil Exports: Estimates for the World Sample; 7. Institutions and Real Non-oil Exports: Estimates for Sub-Saharan Africa; V. Conclusion and Policy Implications; 8. Estimates for Countries with Low and High Institutional Quality; References; Appendixes; A. Macroeconomic Indicators and Export Performance; B. Data Sources and Sensitivity ResultsThis paper examines the structural competitiveness of oil-rich economies in sub-Saharan Africa relative to other major oil-exporting developing countries, and investigates reasons for systematic differences in the non-oil export performance across these economies. The analysis reveals that oil-rich Africa lags behind other oil-exporters in terms of diversification, global market share and the overall investment climate. The poor performance of their nonoil sector can be largely attributed to weak infrastructure and institutional quality. The results also show that institutional qualityIMF Working PapersPetroleum industry and tradeAfrica, Sub-SaharanEconometric modelsCompetitionEconometric modelsAfrica, Sub-SaharanAfrica, Sub-SaharanEconomic conditionsEconometric modelsElectronic books.Petroleum industry and tradeEconometric models.CompetitionEconometric models338.27282Qureshi Mahvash Saeed872367Briançon Cyrille874351MiAaPQMiAaPQMiAaPQBOOK9910463595803321Africa's oil abundance and external competitiveness2196649UNINA