African Development Review-Revue Africaine De Developpement最新文献_第4页

Does institutional quality moderate the human capital–inequality dynamics? Comparative evidence from LAC and SSA countries 制度质量是否能缓和人力资本--不平等动态？拉丁美洲和加勒比及撒哈拉以南非洲国家的比较证据

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2024-03-05 DOI: 10.1111/1467-8268.12740

Bosede Ngozi Adeleye

{"title":"Does institutional quality moderate the human capital–inequality dynamics? Comparative evidence from LAC and SSA countries","authors":"Bosede Ngozi Adeleye","doi":"10.1111/1467-8268.12740","DOIUrl":"10.1111/1467-8268.12740","url":null,"abstract":"Aligning with Sustainable Development Goal 10, this study probes whether quality institutions matter in the drive towards reducing income inequality through human capital. An unbalanced panel data on the Gini index (measure of income inequality), human capital index and institutional quality index drawn across 83 Latin America and sub-Saharan African (SSA) countries from 2010 to 2019 is used. For the most part, the consensus is that the interaction of human capital and quality institutions significantly reduces income inequality. For context, inequality reduces by −7.810 and −21.30 points for the full and SSA samples. Other findings reveal that the interaction effect is consistently negative at upper quantiles. Evidence from the margin plots reveals that the effect of human capital on inequality improves as institutional quality is strengthened. The downward trend of the plot within the 95% confidence interval shows that institutional quality enhances the impact of human capital on income inequality for the full sample and in SSA. This is a novel contribution to the literature as it suggests that quality institutions matter in the drive towards reducing the menace of income inequality. Policy recommendations are discussed.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2024-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8268.12740","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140078954","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

New wave of internal armed conflicts in developing countries: Does inequality of opportunity matter? 发展中国家新一轮的国内武装冲突：机会不平等是否重要？

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2024-03-05 DOI: 10.1111/1467-8268.12738

Bruno Emmanuel Ongo Nkoa, Luis Jacinto Ela Alene, Ludé Djam'Angai

引用次数: 0

Appreciation to article reviewers 感谢文章审稿人

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2024-03-05 DOI: 10.1111/1467-8268.12739

引用次数: 0

The story of dividend payment and corporate cash flow in Ghana 加纳股利支付和企业现金流的故事

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2024-03-05 DOI: 10.1111/1467-8268.12736

Benjamin Amoah

引用次数: 0

Linking foreign direct investment to financial deepening: Evidence from sub-Saharan Africa 将外国直接投资与金融深化联系起来：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 : 2024-02-26 DOI: 10.1111/1467-8268.12737

Osamede Success Abusomwan, John Norense Izevbigie

{"title":"Linking foreign direct investment to financial deepening: Evidence from sub-Saharan Africa","authors":"Osamede Success Abusomwan, John Norense Izevbigie","doi":"10.1111/1467-8268.12737","DOIUrl":"https://doi.org/10.1111/1467-8268.12737","url":null,"abstract":"In this study, the nexus between Foreign Direct Investment (FDI) and financial deepening is critically examined. The study employed a robust dynamic panel cross-sectionally augmented distributed lag method for 31 countries in sub-Saharan Africa (SSA). The results reveal that: (1) a strong significantly positive long run impact of FDI on financial deepening exists; (2) real gross domestic product (GDP), trade openness and government effectiveness stimulate the positive FDI–financial deepening nexus; (3) the strength of the FDI–financial deepening nexus also depends on the percentile position in the income distribution of SSA countries (countries in the upper strata of the income distribution evidently had stronger FDI–financial deepening relations than those in the lower strata and (4) real GDP, trade openness and government effectiveness also enhance financial deepening in SSA. The study recommends that governments in SSA should foster fiscal, financial and regulatory incentives for attracting FDI for improved financial depth in SSA by: strengthening the regulatory frameworks and institutions of governance through the removal of unwarranted governmental interferences in the administration of justice and electoral processes; removing multiple tax regimes; and stabilizing prices and exchange rate volatility via stimulating local productivity and guaranteeing the rule of law, political stability and security of life and property in the region.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2024-02-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140096719","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 economic freedom and ease of doing business on trade in global value chains: Evidence from sub-Saharan Africa 经济自由和经商便利对全球价值链贸易的影响：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 : 2024-02-09 DOI: 10.1111/1467-8268.12735

Badassa W. Chala

{"title":"Effects of economic freedom and ease of doing business on trade in global value chains: Evidence from sub-Saharan Africa","authors":"Badassa W. Chala","doi":"10.1111/1467-8268.12735","DOIUrl":"10.1111/1467-8268.12735","url":null,"abstract":"Inspired by the recent drastic shift in international trade from traditional to global value chains, this study analyzed the effects of economic freedom and ease of doing business on participation and position of sub-Saharan Africa in global value chains. Panel data from 41 sub-Saharan African countries from 2000 to 2018 were used. The study utilized a tobit estimator along with a fixed effects estimator. The findings show that economic freedom—namely, better regulation and sound money—positively influence the countries' participation in global value chains. Moreover, improving ease of doing business, such as by decreasing customs duties and simplifying procedures to register new businesses, enhances the countries' level of participation and their efforts to move upstream along the global value chains. The results are robust to different specifications. Therefore, sub-Saharan African countries should promote economic freedom and ease of doing business to participate in and reap benefits offered by the current wave of globalization. Specifically, sub-Saharan African countries should further reduce the number of procedures required to register new businesses, decrease tariffs and non-tariffs barriers to trade in global value chains to enhance their participation and position along global value chains.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139849897","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

Unveiling the drivers of Africa's digital financial inclusion journey 揭示非洲数字金融普惠之路的驱动力

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2024-01-25 DOI: 10.1111/1467-8268.12733

Zakaria Elouaourti, Aomar Ibourk

{"title":"Unveiling the drivers of Africa's digital financial inclusion journey","authors":"Zakaria Elouaourti, Aomar Ibourk","doi":"10.1111/1467-8268.12733","DOIUrl":"10.1111/1467-8268.12733","url":null,"abstract":"This study aimed to unveil the evolving landscape of digital financial inclusion in African countries during the post-COVID-19 era. We examined factors influencing the access and usage of digital financial services and identified population segments facing increased exclusion due to the digital divide. First, by applying principal component analysis to data collected at the country level from 39 African countries in 2014, 2017, and 2022, we developed a digital financial inclusion index. Second, the empirical research utilized a microlevel dataset of 29,042 adults from 29 countries, sourced from the World Bank's Global Findex 2021 database, employing the instrumental variable probit methodology. Comparative analysis showed improvements in digital financial inclusion rankings for Kenya, Lesotho, and Botswana, while Egypt, Sudan, Tunisia, and Niger experienced declines, indicating limited access. Our empirical findings suggest that certain groups, such as women and individuals with limited education and lower incomes, encounter obstacles in accessing digital financial services. Factors such as education level, labor market participation and access to technology and internet infrastructure emerged as crucial in promoting digital financial inclusion. Our sample's representative nature enhances the study's practical implications, guiding public policies and international institutions to accelerate digital financial inclusion in Africa.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2024-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139596031","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 public infrastructural development and industrialization on economic complexity in Africa: Emerging insight from panel data analysis 公共基础设施发展和工业化对非洲经济复杂性的影响：面板数据分析的新见解

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2024-01-22 DOI: 10.1111/1467-8268.12734

Ekene ThankGod Emeka, Jonathan E. Ogbuabor, Emmanuel O. Nwosu

{"title":"Effects of public infrastructural development and industrialization on economic complexity in Africa: Emerging insight from panel data analysis","authors":"Ekene ThankGod Emeka, Jonathan E. Ogbuabor, Emmanuel O. Nwosu","doi":"10.1111/1467-8268.12734","DOIUrl":"10.1111/1467-8268.12734","url":null,"abstract":"This study examined the effects of public infrastructural development and industrialization on economic complexity in Africa, and how industrialization is moderating the effect of public infrastructural development on economic complexity. The study adopted the pooled ordinary least squares, the dynamic system generalized method of moments and the dynamic bias-corrected least squares dummy variable estimators with a panel of 34 African economies over the period 2010–2021. The findings revealed that public infrastructural development and industrialization contribute positively and significantly toward enhancing economic complexity in Africa. We also found that industrialization substantially moderates and enhances the influence of public infrastructural development on economic complexity. Furthermore, the results show that trade openness, foreign direct investment inflow, international tourism arrival and institutional quality are potent factors enhancing Africa's economic complexity, while the role of human capital remains muted. These findings suggest that African leaders and policy-makers can foster economic complexity across the continent by embracing policies that prioritize increased infrastructural development, industrialization, trade openness and foreign direct investment inflow while improving the quality of institutions within the region.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2024-01-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139608928","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

Dépenses militaires et croissance économique dans l'UEMOA: une analyse des effets de seuil et des canaux de transmission 西非经济货币联盟（WAEMU）的军费开支和经济增长：门槛效应和传播渠道分析

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2024-01-16 DOI: 10.1111/1467-8268.12731

Nimonka Bayale, Babatunde Mohamed Sanny Gado, Niim-Bénoua Nahum Sambieni, Komla Kuma Esobiyu Tchala

引用次数: 0

Terrorism and economic complexity in Africa: The unconditional impact of military expenditure 非洲的恐怖主义和经济复杂性：军事开支的无条件影响

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2024-01-07 DOI: 10.1111/1467-8268.12732

Ekene ThankGod Emeka, Jonathan E. Ogbuabor, Davidmac O. Ekeocha

{"title":"Terrorism and economic complexity in Africa: The unconditional impact of military expenditure","authors":"Ekene ThankGod Emeka, Jonathan E. Ogbuabor, Davidmac O. Ekeocha","doi":"10.1111/1467-8268.12732","DOIUrl":"10.1111/1467-8268.12732","url":null,"abstract":"Following the rising wave of terrorism in Africa, particularly in the last decade, this study investigated the effect of terrorism on economic complexity in the region as well as the moderating role of military expenditure in the terrorism–economic complexity relationship. A panel of 34 African economies was used over the period 2010–2021. The study also used the dynamic system generalized method of moments framework. We find that the unconditional effect of terrorism on economic complexity in Africa is predominantly negative and significant, and that military expenditure in the region has been ineffective in moderating this adverse effect. This finding remained robust regardless of whether terrorism is measured by the number of terrorism incidents, fatalities, injuries, or hostages. However, our results showed that industrialization, urbanization, and governance institutional quality are potent channels for promoting economic complexity in Africa. Among others, the study emphasized the need for policymakers and leaders in Africa to collaborate at the level of the African Union to address the detrimental effects of terrorism on the continent.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2024-01-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139448709","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