(2010) Njuguna, Angelica E.; Karingi, Stephen N.; Hakim, Ben Hammouda; Mustapha, Sadni Jallab
The purpose of this article is to investigate the
relationship among economic growth, productivity and
diversification. Our results have shown that deepening
diversification leads to improvements in total factor productivity
among other determinants in African economies.
The significance of the link between diversification and
economic growth in the case of African economies cannot be
gainsaid. It means that African countries can scale up their
economies’ growth by raising their total factor productivity
through pursuing policies that enhance diversification.