African Development Review-Revue Africaine De Developpement最新文献_第9页

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":"36 1","pages":"84-96"},"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":"36 1","pages":"97-110"},"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

The impacts of Russia's invasion of Ukraine on the Kenyan economy: Evidence from an economy-wide model 俄罗斯入侵乌克兰对肯尼亚经济的影响：来自整体经济模型的证据

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2024-01-08 DOI: 10.1111/1467-8268.12728

Marcellin Ndong Ntah, Victor Nechifor, Emanuele Ferrari, Martin Wafula Nandelenga, Amsalu Woldie Yalew

{"title":"The impacts of Russia's invasion of Ukraine on the Kenyan economy: Evidence from an economy-wide model","authors":"Marcellin Ndong Ntah, Victor Nechifor, Emanuele Ferrari, Martin Wafula Nandelenga, Amsalu Woldie Yalew","doi":"10.1111/1467-8268.12728","DOIUrl":"10.1111/1467-8268.12728","url":null,"abstract":"Russia's invasion of Ukraine has disrupted the global supply chains of several globally traded commodities. The repercussions for many African countries are concerning. This study assesses the impact of Russia's invasion of Ukraine on the Kenyan economy using a computable general equilibrium model. The model is calibrated using a highly disaggregated social accounting matrix. The analysis particularly focuses on the impacts of changes in world prices for five major commodities of which Kenya is a net importer. The results show rising import price that adversely lowers Kenya's gross domestic product and household consumption. The macroeconomic impacts are particularly driven by the fertilizer and fuel commodity price changes. Activities producing agrifood commodities and providing services are highly affected. Rural households face a higher food consumer price index than their urban counterparts. Subsidizing fuel and fertilizer prices could dampen most of the adverse effects but would come at considerable fiscal costs. The government of Kenya should consider devising policies that strengthen intraregional trade, diversify import origins and improve agricultural productivity and energy efficiency.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"36 S1","pages":"S136-S149"},"PeriodicalIF":3.1,"publicationDate":"2024-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8268.12728","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139446988","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

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":"36 1","pages":"139-152"},"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

Growth, fiscal and welfare implications of trade liberalization in Africa: A macro-micro modeling assessment of the Senegalese economy 非洲贸易自由化对增长、财政和福利的影响：塞内加尔经济的宏观-微观模型评估

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2024-01-07 DOI: 10.1111/1467-8268.12730

Mariam Amadou Diallo, Marijke D'Haese, Jeroen Buysse

{"title":"Growth, fiscal and welfare implications of trade liberalization in Africa: A macro-micro modeling assessment of the Senegalese economy","authors":"Mariam Amadou Diallo, Marijke D'Haese, Jeroen Buysse","doi":"10.1111/1467-8268.12730","DOIUrl":"10.1111/1467-8268.12730","url":null,"abstract":"The African Continental Free Trade Area (AfCFTA) has been hailed as a key pillar and catalyst for economic growth, industrialization, and sustainable development in Africa. One of the anticipated benefits is the promise to increase intra-African trade through the elimination of import duties and other tariffs among countries. However, due to the heterogeneity between the African countries, questions remain as to whether each country will benefit from tariff elimination. This paper aims to evaluate the macroeconomic, fiscal, and welfare consequences of import tax removal in Senegal with the rest of Africa. We link an extended version of the partnership for economic policy (PEP) static computable general equilibrium (CGE) model with a non-parametric microsimulation approach. We calibrate the model with Senegal's most recent Social Accounting Matrix. The microeconomic model is calibrated using the latest Senegalese household consumption survey. The findings indicate that tariff removal from the rest of Africa has favorable economic, fiscal, and welfare impacts for Senegal. The paper suggests that it will lead to an increase in economic growth and investment. The removal of tariffs is expected to favor urban households over rural ones and leads to a modest decrease in income inequality, accompanied by a 3.36% reduction in the number of poor.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"36 1","pages":"111-124"},"PeriodicalIF":2.9,"publicationDate":"2024-01-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139448957","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

Government expenditure, informality, and economic growth: Evidence from Eastern and Southern African countries 政府支出、非正规性和经济增长：东部和南部非洲国家的证据

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2024-01-04 DOI: 10.1111/1467-8268.12729

Joseph Mawejje

{"title":"Government expenditure, informality, and economic growth: Evidence from Eastern and Southern African countries","authors":"Joseph Mawejje","doi":"10.1111/1467-8268.12729","DOIUrl":"10.1111/1467-8268.12729","url":null,"abstract":"This study investigates the dynamic linkages among government expenditure, informality, and economic growth in 15 Eastern and Southern African countries over a 25-year period during 1991–2015. The analysis exploits panel vector autoregressive models to construct the time path of one variable following an orthogonal shock to another variable using impulse response functions. The analysis is complemented by panel quantile regressions to investigate the potential role of informality in the expenditure–economic growth nexus. The findings are threefold. First, both government consumption and investment expenditure have positive and significant effects on real per capita GDP. Second, informality has a direct negative impact on real per capita GDP. Third, the informal sector dampens the impact of government expenditure on real per capita GDP. These results are robust to the inclusion of selected control variables and are unchanged across GDP quantiles. The study's findings suggest that government policies aimed at reducing informality can have direct impacts on economic growth and indirect impacts through improvements in the effectiveness of government expenditure.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"36 1","pages":"125-138"},"PeriodicalIF":2.9,"publicationDate":"2024-01-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139385635","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

Asymmetric effect of environmental tax on CO2 emissions embodied in domestic final demand in South Africa: A NARDL approach 环境税对南非国内最终需求所体现的二氧化碳排放量的不对称影响：NARDL 方法

IF 2.9 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2023-12-29 DOI: 10.1111/1467-8268.12727

Godwin Imo Ibe, Hillary Chijindu Ezeaku, Itiri Idam Okpara, Eze Festus Eze, Ebele Igwemeka, Obinna Ubani

{"title":"Asymmetric effect of environmental tax on CO2 emissions embodied in domestic final demand in South Africa: A NARDL approach","authors":"Godwin Imo Ibe, Hillary Chijindu Ezeaku, Itiri Idam Okpara, Eze Festus Eze, Ebele Igwemeka, Obinna Ubani","doi":"10.1111/1467-8268.12727","DOIUrl":"10.1111/1467-8268.12727","url":null,"abstract":"Motivated by the pressing need to address environmental concerns, this study explores the relationship between environmental taxes and CO2 emissions embodied in domestic final demand in South Africa. The study uses a non-linear autoregressive distributed lag (NARDL) model to analyse the asymmetric impact of environmental taxes. Results indicate that environmental taxes have an asymmetric impact on CO2 emissions embodied in domestic final demand in both the short and long runs. Specifically, both positive and negative shifts in environmental taxes are linked with a respective 0.06% decrease and a more pronounced 0.22% decrease in CO2 emissions embodied in domestic final demand. Moreover, positive shocks in the GDP growth rate are associated with an approximately 0.002% uptick in CO2 emissions, while negative shocks lead to a 0.012% decrease. Additionally, both positive and negative shocks in population growth exhibit a significant positive correlation with the response variable. The baseline estimates demonstrate that the joint effect of environmental taxes and the GDP growth rate is correlated with reductions in CO2 emissions embodied in domestic final demand. Similarly, the joint influence of environmental taxes and population growth rate is linked to declines in CO2 emissions. The study highlights the practical policy implications of these findings.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"36 1","pages":"55-69"},"PeriodicalIF":2.9,"publicationDate":"2023-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139144046","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

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

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2023-12-28 DOI: 10.1111/1467-8268.12644

引用次数: 0

The fiscal effects of armed conflicts in Africa 非洲武装冲突的财政影响

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2023-12-11 DOI: 10.1111/1467-8268.12720

Abel Ezeoha, Anthony Igwe, Chinwe Okoyeuzu, Chibuike Uche

{"title":"The fiscal effects of armed conflicts in Africa","authors":"Abel Ezeoha, Anthony Igwe, Chinwe Okoyeuzu, Chibuike Uche","doi":"10.1111/1467-8268.12720","DOIUrl":"10.1111/1467-8268.12720","url":null,"abstract":"This study examines the impact of armed conflicts on the fiscal capacity of African governments. It made use of a data set covering 1997–2021 for 50 countries, as well as the system dynamic generalized method of moment estimation technique. The results show that, in the short run, conflicts undermine tax revenue, mount pressure on military expenditure, and force governments to rely more on mineral resource rents for their fiscal needs. As conflicts persist, this fiscal feature changes to a pattern that reflects a decline in mineral resource earnings and an increase in tax revenue. The impact on public health expenditure also changes from an increasing to a decreasing pattern, whereas the positive impact on military expenditure and external borrowing persists over time. The findings suggest that African countries in conflict can address their fiscal challenges by observing these patterns and putting in place policies that protect public resources (e.g., the adoption of digital financial technology protocols to facilitate remote revenue collection and strategic protection of mineral resource-endowed zones from insurgents' control). Overall, enhancing government effectiveness and strengthening the institutions of governance is important to facilitate a quick return to normalcy in the event of conflict and to prevent future conflicts.","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"35 4","pages":"444-456"},"PeriodicalIF":3.1,"publicationDate":"2023-12-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139183257","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