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Infrastructure-Structural Transformation Nexus in Africa: The Role of Financial Sector Development. Journal of African Development

This study investigates the link between infrastructure and structural transformation in Africa as well as the mediating role of financial development on the nexus. We employ data from 24 African countries for the period 2003 to 2019 and adopt the system Generalized Method of Moments (sGMM) estimati...

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Published: 2021
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