Arbache, Jorge SabaPage, John2012-06-042012-06-042008-09https://hdl.handle.net/10986/6998This paper examines the country-level dynamics of long-run growth in Africa between 1975 and 2005. The authors examine how growth has affected mobility and the distribution of income among countries. They analyze changes in cross-country income structure and convergence, and look for evidence of the formation of country groups or "clubs." Using a novel method of breaking up the growth histories of African economies into medium-term spells of growth accelerations and declines, the authors investigate whether a group of African "leopards" - the regional equivalent of Asia's "tigers" - is beginning to emerge.CC BY 3.0 IGOANNUAL GROWTHAVERAGE ANNUALAVERAGE GROWTHAVERAGE GROWTH RATEAVERAGE GROWTH RATESAVERAGE INCOMEBENCHMARKCAPITA GROWTHCAPITA INCOME GROWTHCONVERGENCE HYPOTHESISCORRELATION COEFFICIENTSCOUNTRY GROWTH PERFORMANCECOUNTRY INEQUALITYCOUNTRY LEVELCROSS-COUNTRY INCOMECUMULATIVE POPULATIONDESCRIPTIVE STATISTICSDEVELOPMENT ECONOMICSDEVELOPMENT INDICATORSDEVELOPMENT OUTCOMESDYNAMIC BEHAVIORECONOMETRICSECONOMIC ACTIVITYECONOMIC DECLINEECONOMIC GROWTHECONOMIC OUTLOOKECONOMIC PERFORMANCEECONOMIC RECOVERYECONOMIC REVIEWECONOMICS RESEARCHESTIMATED COEFFICIENTESTIMATED COEFFICIENTSEXTERNAL SHOCKSFIRST YEARGDPGDP PER CAPITAGROWTH ACCELERATIONGROWTH ACCELERATIONSGROWTH DATAGROWTH DYNAMICSGROWTH MEANGROWTH PERFORMANCEGROWTH PERIODGROWTH PERSISTENCEGROWTH POTENTIALGROWTH RATESGROWTH STANDARD DEVIATIONGROWTH VOLATILITYGROWTH_MEANHIGH GROWTHHIGH VOLATILITYINCOMEINCOME CONVERGENCEINCOME DISTRIBUTIONINCOME GROUPSINCOME GROWTHINCOME INEQUALITYINCOME PER CAPITAINCREASE IN INCOMEINCREASING GROWTHINCREASING INCOME INEQUALITYINDIVIDUAL COUNTRIESINTERNATIONAL MONETARY FUNDLEVEL OF INCOMELONG RUNLONG-RUN GROWTHLONG-TERM GROWTHLOW INCOMEMEAN GROWTHMIDDLE EASTMIDDLE INCOMEMONETARY ECONOMICSNATURAL RESOURCESNEGATIVE GROWTHNORTH AFRICAOIL EXPORTEROIL EXPORTERSPER CAPITA GROWTHPER CAPITA INCOMEPER CAPITA INCOME LEVELSPER CAPITA INCOMESPOLICY RESEARCHPOOR COUNTRIESPOOR COUNTRYPURCHASING POWERPURCHASING POWER PARITYRAPID GROWTHRATE OF GROWTHREAL INCOMEREGIONAL LEVELRELATIVE INCOMEREMITTANCESRESOURCE ENDOWMENTSRICH COUNTRIESRICH ECONOMIESRISING INEQUALITYSTAGNATIONSTANDARD DEVIATIONSTRUCTURAL BREAKSUB-SAHARAN AFRICAVOLATILITYWEALTHWorld Bank10.1596/1813-9450-4715