{"title":"Income–environmental nexus in Africa: The integrating role of renewable energy transition and governance quality","authors":"Paul Terhemba Iorember, Nora Yusma Mohamed Yusoff","doi":"10.1111/1467-8268.12723","DOIUrl":"https://doi.org/10.1111/1467-8268.12723","url":null,"abstract":"<p>The economies of the African countries are gradually expanding, but they mostly depend on fossil fuels for energy use. This exacerbates environmental damage, which renders the continent susceptible to the effects of climate change. Therefore, this study aims to examine the integrating role of renewable energy transition and governance quality in the income–environmental quality nexus in Africa. The study applies second-generation econometric techniques on annual panel data of 34 African countries covering the period 1996–2018. The fixed effect ordinary least square (OLS-FE), feasible generalized least squares (FGLS), system generalized method of moments (SYS-GMM) and cross-sectionally augmented ARDL (CS-ARDL) are applied to both the baseline model and the interactive models. The results provide diverse findings. In the baseline models, the study verifies the increasing effect of income on carbon dioxide (CO<sub>2</sub>) emissions, which continues to dampen environmental quality. Regarding the interaction effect models, the findings show that the interactive term of renewable energy transition and income per capita has a significant negative effect on CO<sub>2</sub> emission levels which implies that renewable energy transition ensures green growth. Further, the results indicate that the interactive terms of governance quality have significant reducing effect on emission levels. In terms of policy, achieving green growth necessitates increased renewable energy deployment and policies that will enhance governance effectiveness towards enforcing environmental regulations.</p>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"35 4","pages":"376-389"},"PeriodicalIF":3.1,"publicationDate":"2023-12-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143186330","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}
{"title":"Chocs pétroliers, effets potentiels de l'invasion de l'Ukraine par la Russie sur le solde budgétaire des économies africaines","authors":"Kirsi Zongo, Marcellin Ndong Ntah","doi":"10.1111/1467-8268.12722","DOIUrl":"https://doi.org/10.1111/1467-8268.12722","url":null,"abstract":"<p>Cet article analyse les effets de l'invasion de l'Ukraine par la Russie sur les économies africaines en se focalisant sur les effets induits par la hausse du prix de pétrole sur le solde budgétaire. L'étude a mobilisé les modèles VAR structurels et a porté sur six pays dont trois exportateurs et trois importateurs nets de pétrole en utilisant des séries temporelles sur la période 1980-2021 et une simulation portant sur la période 2022-2023. Les résultats montrent qu'un choc pétrolier entraîne une réaction positive du solde budgétaire des pays exportateurs de pétrole et une réaction négative dans les pays importateurs mais l'effet est asymétrique. Les simulations des scénarii ont montré que la guerre en Ukraine entraînerait une amélioration du solde budgétaire du Nigéria d'environ 2 points de pourcentage et d'environ 1,25 de pourcentage pour l'Angola et l'Algérie. Cependant, l'effet contraire est observé pour les pays importateurs en aggravant leur déficit budgétaire. Aussi, préconisons<sup>−</sup>nous d'une part aux pays exportateurs de pétrole de diversifier les exportations en s'investissant notamment dans des secteurs hors pétrole, et d'autre part aux pays importateurs de consentir des efforts pour le développement d'énergies renouvelables afin de briser leur dépendance vis-à-vis du pétrole.</p>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"36 S1","pages":"S25-S42"},"PeriodicalIF":3.1,"publicationDate":"2023-12-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143248431","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}
{"title":"Appreciation to article reviewers","authors":"","doi":"10.1111/1467-8268.12724","DOIUrl":"https://doi.org/10.1111/1467-8268.12724","url":null,"abstract":"","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"35 4","pages":"457-458"},"PeriodicalIF":3.1,"publicationDate":"2023-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143187208","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}
{"title":"Does financial development really spur industrialization in sub-Saharan African countries?","authors":"Somlanare Romuald Kinda, Relwendé Sawadogo","doi":"10.1111/1467-8268.12721","DOIUrl":"10.1111/1467-8268.12721","url":null,"abstract":"<p>Industrialization constitutes one of the strategies of structural transformation in many sub-Saharan African (SSA) countries. In this paper, we re-examine the effect of financial development on the industrialization of 35 SSA countries over the period 1996–2018. Contrary to previous work, we formulate the hypothesis that there exists a threshold of financial development beyond which financial development positively influences industrialization. Using the dynamic panel threshold regression model, and system generalized methods of moment models, we find two main results. First, financial development has a negative and significant impact on the development of industrialization. Secondly, the findings show the existence of a nonlinear relationship between financial development and industrialization development. Thus, we find that financial development has a negative effect on industrialization below the threshold while the effect is significantly positive on industrialization in countries whose financial development is above the threshold. The results are stable to the different robustness tests used. These findings highlight the need for SSA countries to develop better financial institutions if they hope to boost the manufacturing sector.</p>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"35 4","pages":"390-402"},"PeriodicalIF":3.1,"publicationDate":"2023-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139268504","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}
Hauwah K. K. Abdulkareem, Sodiq Olaiwola Jimoh, Ebenezer Olubiyi
{"title":"Trade–peace conundrum in Africa: The moderating effects of poverty and inequality","authors":"Hauwah K. K. Abdulkareem, Sodiq Olaiwola Jimoh, Ebenezer Olubiyi","doi":"10.1111/1467-8268.12716","DOIUrl":"10.1111/1467-8268.12716","url":null,"abstract":"<p>This paper examines the trade–peace nexus in Africa and ascertains how poverty and inequality tilt the relationship in the eight regional (economic) blocs in Africa, viz. the Arab Maghreb Union (UMA), the Common Market for Eastern and Southern Africa (COMESA), the Community of Sahel–Saharan States (CEN–SAD), the East African Community (EAC), the Economic Community of Central African States (ECCAS), the Economic Community of West African States (ECOWAS), the Intergovernmental Authority on Development (IGAD) and the Southern African Development Community (SADC), from 1998 to 2020 using the Driscoll–Kraay estimate. The study contributes to the literature by disaggregating the peace effect of trade in Africa by the regional (economic) blocs to allow for in-depth and context-specific analysis. The paper also expands the scope of existing studies by examining the direct effect of poverty and inequality on peace in addition to the indirect effect that is revealed through their interactions with trade integrations. The findings reveal that trade promotes peace in Africa, while wide income inequality and a large poverty gap increase the likelihood of conflict. The interaction of poverty and inequality with trade integration shows that while the poverty level does not improve the effect of trade on peace, inequality reduces the impact of trade on peace. The study concludes that poverty and inequality play significant roles in the trade–peace nexus in Africa. Policy recommendations are discussed.</p>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"35 4","pages":"323-335"},"PeriodicalIF":3.1,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136352023","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}
{"title":"L'impact de la crise russo-ukrainienne sur les marchés financiers africains","authors":"Florent Kanga Gbongue, Cyrille Gueï Okou, Cédric Mbeng Mezui","doi":"10.1111/1467-8268.12719","DOIUrl":"10.1111/1467-8268.12719","url":null,"abstract":"","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"36 S1","pages":"S43-S58"},"PeriodicalIF":3.1,"publicationDate":"2023-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135345305","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}
{"title":"Technologies de l'Information et de la Communication et exportation des entreprises manufacturières en Afrique Centrale","authors":"Ariel Herbert Fambeu, Patricia Tchawa Yomi","doi":"10.1111/1467-8268.12718","DOIUrl":"10.1111/1467-8268.12718","url":null,"abstract":"","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"35 4","pages":"403-415"},"PeriodicalIF":3.1,"publicationDate":"2023-11-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135684810","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}
Bruno Emmanuel Ongo Nkoa, Jacques Simon Song, Blaise Ondoua Beyene, Georges Ngnouwal Eloundou
{"title":"Does social media drive remittances in Africa?","authors":"Bruno Emmanuel Ongo Nkoa, Jacques Simon Song, Blaise Ondoua Beyene, Georges Ngnouwal Eloundou","doi":"10.1111/1467-8268.12717","DOIUrl":"10.1111/1467-8268.12717","url":null,"abstract":"<p>Social media in Africa has grown considerably over the past two decades and has fueled an extremely abundant literature. In this article, we examine their effects on remittances observed from a sample of 50 African countries. To achieve this, we specify and estimate a panel data model using the system generalized method of moments over the period 2009–2019. Our results show that social media, approximated by the Facebook penetration rate, increases remittances in Africa. Controlled by four complementary measures of social media (Instagram, YouTube, LinkedIn, Pinterest, and Twitter), our results remain stable and robust. We suggest a qualitative improvement in connectivity and the establishment of a traceability system to better control the volume and their orientation in the financing of productive economic activities.</p>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"35 4","pages":"429-443"},"PeriodicalIF":3.1,"publicationDate":"2023-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136068081","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}
{"title":"Vaccination, treatment and containment policy to reduce the effects of the COVID-19 pandemic in Morocco","authors":"Abdelhamid Moustabchir, Hicham Ouakil","doi":"10.1111/1467-8268.12714","DOIUrl":"10.1111/1467-8268.12714","url":null,"abstract":"<p>This paper presents a susceptible–exposed–infected–quarantined–removed (SEIQR) dynamic stochastic general equilibrium model to evaluate the macroeconomic effects of the current COVID-19 pandemic. The SEIQR configuration setting is calibrated using COVID-19 data from Morocco. Using the model, we demonstrate how the pandemic might lead to declining consumption and productivity. We illustrate that a combination of quarantine policy, vaccination and treatment of the uninfected person is more successful than using only one of the policies. The combination lowered the number of infected, exposed and quarantined people. We also assessed the economic effects of multiple strategies.</p>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"35 4","pages":"351-364"},"PeriodicalIF":3.1,"publicationDate":"2023-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136033877","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}
Socrates K. Majune, Judy K. Kaaria, Evelyne N. Kihiu
{"title":"Determinants of intra-COMESA trade in services","authors":"Socrates K. Majune, Judy K. Kaaria, Evelyne N. Kihiu","doi":"10.1111/1467-8268.12715","DOIUrl":"10.1111/1467-8268.12715","url":null,"abstract":"<p>This paper analyzes intra-Common Market for Eastern and Southern Africa (COMESA) trade in services by establishing its determinants and exploring the role of trade facilitation on the same. The study relies on the Poisson Pseudo Maximum Likelihood (PPML) estimator of the gravity model on bilateral services trade data for total services and eight categories of services in 17 COMESA countries from 2005 to 2019. Results reveal that several factors determine intra-COMESA services trade, the salient ones being GDP (exporter's and importer's), distance, contiguity, and time zone differences. Trading under a service-specific trade agreement affects a few services: transport and other business services exports. The effect is positive for transport services and negative for other business services exports. Trade facilitation measures, especially broadband technologies, significantly improve services trade across various sectors. A key policy implication of our results is that service trade is more likely to grow through digital, information, and communication infrastructure development. Thus, policy should prioritize increasing access and usage of broadband technologies.</p>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"35 4","pages":"416-428"},"PeriodicalIF":3.1,"publicationDate":"2023-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136213441","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}