African Development Review-Revue Africaine De Developpement最新文献_第10页

Financial dualism: An analysis of the effects of informal finance on formal finance in West African Economic and Monetary Union (WAEMU) countries 金融二元论:西非经济与货币联盟(WAEMU)国家非正式金融对正式金融的影响分析

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2023-08-28 DOI: 10.1111/1467-8268.12712

Moussa Coulibaly, Gnanderman Sirpe

{"title":"Financial dualism: An analysis of the effects of informal finance on formal finance in West African Economic and Monetary Union (WAEMU) countries","authors":"Moussa Coulibaly, Gnanderman Sirpe","doi":"10.1111/1467-8268.12712","DOIUrl":"10.1111/1467-8268.12712","url":null,"abstract":"This paper analyzes the effects of informal finance on formal finance in West African Economic and Monetary Union (WAEMU) countries. To this end, it uses a Probit model with a binary endogenous regressor and data from the Global Findex database, 2021. The findings indicate that having already saved informally positively affects the behavior of individuals to save formally. They also indicate that informal financial credit positively affects formal financial credits in the WAEMU. These findings indicate that formal finance is complementary to informal finance in the WAEMU. On the other hand, the findings show that labour force participation, mobile banking use and online banking use increase the likelihood of use of formal and informal services in the WAEMU. This paper suggests that formal financial institutions (mainly banks and microfinance institutions) should strengthen their collaboration with actors (money keepers, itinerant bankers, tontines systems) involved in the provision of informal financial services to populations in order to improve formal financial intermediation in the WAEMU.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"35 3","pages":"282-294"},"PeriodicalIF":2.9,"publicationDate":"2023-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44621597","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Impact of financial development on domestic investment: Evidence from West African countries 金融发展对国内投资的影响：来自西非国家的证据

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2023-08-28 DOI: 10.1111/1467-8268.12709

Yaya Keho

引用次数: 0

Short- and long-run impacts of gasoline price and macroeconomic factors on road traffic safety in Nigeria 汽油价格和宏观经济因素对尼日利亚道路交通安全的短期和长期影响

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2023-08-28 DOI: 10.1111/1467-8268.12710

Yingigba C. Akinyemi

引用次数: 0

Appreciation to article reviewers 感谢文章评审员

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2023-07-30 DOI: 10.1111/1467-8268.12695

引用次数: 0

Issue Information - Author Guidelines 发行信息-作者指南

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2023-07-30 DOI: 10.1111/1467-8268.12640

引用次数: 0

Effects of remittances on food security in sub-Saharan Africa 汇款对撒哈拉以南非洲粮食安全的影响

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2023-07-27 DOI: 10.1111/1467-8268.12703

Lankoande Lamoussa Seydou

引用次数: 0

Financial openness, financial sector development, and income inequality: With an extensive set of pull and push factors 金融开放、金融部门发展和收入不平等：具有广泛的拉动和推动因素

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2023-07-26 DOI: 10.1111/1467-8268.12700

Biruk Birhanu Ashenafi, Yan Dong

{"title":"Financial openness, financial sector development, and income inequality: With an extensive set of pull and push factors","authors":"Biruk Birhanu Ashenafi, Yan Dong","doi":"10.1111/1467-8268.12700","DOIUrl":"10.1111/1467-8268.12700","url":null,"abstract":"This paper investigates the impact of financial openness on financial sector development and income inequality. We use the de jure and de facto measures of financial openness across 78 countries from 1980 to 2019. By employing a system generalized method of moments (GMM) with 5-year averaged data and a novel push and pull modeling framework, we obtain three key results. First, the de jure measure of financial openness exacerbates income inequality and is sensitive to banking crises and conflict intensity. Second, the de facto measure spurs stock value traded in emerging market economies (EMEs) and declines domestic credit in Africa. Third, the interaction between de facto measures with schooling and governance factors affects financial sector development and income inequality. We highlighted that the mere usage of the de jure measure and their interaction is incorrect. The key implication is that valuable information about the real impact of openness can be obtained from the de facto measures and their interaction with favorable macroeconomic fundamentals, governance factors, and adverse nonpolicy factors.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"35 2","pages":"138-151"},"PeriodicalIF":2.9,"publicationDate":"2023-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42030876","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Effect of bilateral and multilateral concessional debts on public investment in Africa: A contingency analysis 双边和多边优惠债务对非洲公共投资的影响：应急分析

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2023-07-23 DOI: 10.1111/1467-8268.12699

Hillary Chijindu Ezeaku, David Okelue Ugwunta, Godwin Imo Ibe, Ebele Igwemeka, Eze Festus Eze, Obiamaka P. Egbo

{"title":"Effect of bilateral and multilateral concessional debts on public investment in Africa: A contingency analysis","authors":"Hillary Chijindu Ezeaku, David Okelue Ugwunta, Godwin Imo Ibe, Ebele Igwemeka, Eze Festus Eze, Obiamaka P. Egbo","doi":"10.1111/1467-8268.12699","DOIUrl":"10.1111/1467-8268.12699","url":null,"abstract":"The purpose of this paper is to evaluate the relative influence of bilateral and multilateral concessional debts on public investment in 32 sub-Saharan African countries over the period 1985–2020. Dynamic panel autoregressive distributed lag models comprising the mean group, pooled mean group and dynamic fixed effect estimators were employed in our model estimations. The results revealed that bilateral and multilateral concessional debts had a long-run positive and significant effect on public investment. The findings indicated that a 1% change in bilateral and multilateral concessional debt was associated with 8.6 and 11.3% increases in public investment, respectively. While the short-run influence of bilateral concessional debts was significantly positive, multilateral concessional debts had a short-run positive but insignificant effect on public investment. It is discovered that institutional quality is associated with declines in public investment. The contingency analysis shows that institutional quality explains a lot about how well bilateral and multilateral concessional debts drive public investment. The evidence suggests that poor institutional quality is more likely to undermine the effectiveness of bilateral concessional debts on productive investment than multilateral concessional debts.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"35 2","pages":"198-210"},"PeriodicalIF":2.9,"publicationDate":"2023-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45810698","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Effects of financial inclusion on tax revenue mobilization: Evidence from WAEMU countries 普惠金融对税收动员的影响:来自东亚货币联盟国家的证据

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2023-07-23 DOI: 10.1111/1467-8268.12702

Milly Chepkorir Chebochok, Nimonka Bayale

{"title":"Effects of financial inclusion on tax revenue mobilization: Evidence from WAEMU countries","authors":"Milly Chepkorir Chebochok, Nimonka Bayale","doi":"10.1111/1467-8268.12702","DOIUrl":"10.1111/1467-8268.12702","url":null,"abstract":"Financial inclusion remains at the heart of governments concerns. By creating favorable conditions for access to a diversified range of adapted financial products and services at affordable costs for the populations, financial inclusion generates important opportunities that could lead to increased tax revenue mobilization. This paper analyzes the effects of financial inclusion on tax revenue mobilization, using panel data from West African Economic and Monetary Union (WAEMU) countries over the period 2006–2019. The findings suggest that financial inclusion positively and significantly influences government's tax revenue. Moreover, by looking at the effects of disaggregated financial inclusion dimensions (access, use, and affordability) on various components of tax revenue, we find that the estimated coefficients on the subcomponents of financial inclusion are statistically significant. Results also indicate that the magnitude of effect of financial inclusion is higher on indirect taxes compared to direct tax revenues. This research recommends that policy-makers should prioritize financial inclusion in their policies and development agenda through National Financial Inclusion Strategies (NFIS) because it can increase countries' resource mobilization and help them to build fiscal resilience.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"35 2","pages":"226-238"},"PeriodicalIF":2.9,"publicationDate":"2023-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43713988","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Access to paved roads, gender, and youth unemployment in rural areas: Evidence from sub-Saharan Africa 农村地区铺设道路的可及性、性别和青年失业:来自撒哈拉以南非洲的证据

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2023-07-20 DOI: 10.1111/1467-8268.12701

Patrick Marie Nga Ndjobo, Yves André Abessolo

{"title":"Access to paved roads, gender, and youth unemployment in rural areas: Evidence from sub-Saharan Africa","authors":"Patrick Marie Nga Ndjobo, Yves André Abessolo","doi":"10.1111/1467-8268.12701","DOIUrl":"10.1111/1467-8268.12701","url":null,"abstract":"The poor development of road infrastructure is one of the main obstacles to economic activity and therefore to employment in rural areas of sub-Saharan Africa (SSA). Using cross-sectional data from 31 SSA countries, this study examines, from a gender perspective, the effect of access to paved roads on youth unemployment in rural areas in the region. The seemingly unrelated bivariate probit framework has been adopted in analysing the data. This approach is used for addressing the possible endogeneity bias that occurs when the dependent variable and regressor are both endogenous and binary. The major finding of this study reveals that access to paved roads in rural areas reduces the probability that young people will face unemployment. The aforementioned is more pronounced for young women than for young men. Moreover, the greater the proximity to the road increases, the greater its reducing effect on the probability of young people being unemployed. It is therefore important that the development of road infrastructure in rural areas be at the centre of public policies to address youth unemployment in SSA countries. This will significantly increase women's empowerment, through their participation in the labour market, and the full economic participation of young people.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"35 2","pages":"165-180"},"PeriodicalIF":2.9,"publicationDate":"2023-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44471031","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0