{"title":"In Search of New Development Financing Models","authors":"Charles Boamah","doi":"10.5325/jafrideve.19.2.0111","DOIUrl":"https://doi.org/10.5325/jafrideve.19.2.0111","url":null,"abstract":"","PeriodicalId":81652,"journal":{"name":"Journal of Eastern African research & development","volume":"6 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2015-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72476328","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A panel cointegration analysis and dynamic causality test of agricultural supply response to prices: The case of rice in West Africa","authors":"Kolawole Ogundari, T. Nanseki","doi":"10.5325/jafrideve.17.1.0075","DOIUrl":"https://doi.org/10.5325/jafrideve.17.1.0075","url":null,"abstract":"The paper provides a regional estimate of rice yield and acreage supply response to prices in West Africa. Using balanced panel data of seven countries covering 1991–2006, the study employs panel cointegration estimators, namely FMOLS and DOLS to estimate the long-run rice yield supply function and using one-step Blundell-Bond system GMM to estimate the short-run acreage supply function in the region. While the empirical findings from both estimators provide similar results, the estimates show that price of maize is a key determinant of rice yield and acreage and there is rice-maize substitutability in both the long-run and short-run in the study. The short-run Granger causality runs only from maize price to rice acreage, while long run causality of joint effect of the prices on the acreage supply is also evident in the study. Our results also show that the rice yield and acreage supply functions are unresponsive to own price in the short -run and long -run, respectively.","PeriodicalId":81652,"journal":{"name":"Journal of Eastern African research & development","volume":"85 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2015-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76858083","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"An Empirical Analysis of Integration and Intra-Regional Trade in ECOWAS","authors":"E. Dada, A. Adeleke","doi":"10.5325/jafrideve.17.1.0095","DOIUrl":"https://doi.org/10.5325/jafrideve.17.1.0095","url":null,"abstract":"This study examines integration and intra-regional trade in ECOWAS. It focuses on the benefit of common policies within ECOWAS and their implications for intra-regional trade among member countries. The study utilizes a gravity model that is modified to reflect economic features of ECOWAS. Findings of the research show that economic size and common language are the major drivers of intra-regional trade in ECOWAS. Specifically, it indicates that real GDP, population size, openness and language positively influence intra-regional trade while distance was found to be negatively related to intra-ECOWAS trade. Deepening economic and cultural integration is recommended to maximize the enormous gains accruable from increased intra-regional trade.","PeriodicalId":81652,"journal":{"name":"Journal of Eastern African research & development","volume":"4 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2015-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85522745","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Exports, Price Transmission, and Wage Inequality: Evidence Using the Case of the Impact of AGOA in Ghanaian Manufacturing Firms","authors":"F. Mulangu","doi":"10.5325/jafrideve.17.1.0045","DOIUrl":"https://doi.org/10.5325/jafrideve.17.1.0045","url":null,"abstract":"The paper presents evidence of the relationship between exports and wage inequality using manufacturing firm-level data from Ghana. After contextualizing the Ghanaian manufacture sector a dynamic difference-indifferences model was used to compare exporting firms to matched non-exporting ones before and after the African Growth Opportunity Act (AGOA) was enacted. Robustness tests were used to verify if the estimated export premium is associated with AGOA. After estimating the heterogeneous change in wages associated with the export premium, the paper finds that exporting per se may not necessarily lead to wage inequality, but the mechanism by which export premium is transmitted to workers and this mechanism has primarily benefited unskilled male workers with relatively lower pre-AGOA wages working in smaller firms.","PeriodicalId":81652,"journal":{"name":"Journal of Eastern African research & development","volume":"22 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2015-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79919588","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"What Brings China to Africa? An Analysis of Market Size, Natural Resource Availability and Macroeconomic Risk","authors":"Komla D. Dzigbede","doi":"10.5325/jafrideve.16.2.0103","DOIUrl":"https://doi.org/10.5325/jafrideve.16.2.0103","url":null,"abstract":"\u0000 This study applies the fixed effects vector decomposition procedure on a panel of 38 African countries to analyze factors that determine China's trade engagement with African countries. Results show that China's trade engagement with Africa is driven mainly by African countries' market size, natural resource availability, and bilateral trade cooperation with China. Macroeconomic and infrastructural risk factors in African countries do not seem to be major considerations in China's trade engagement with Africa. These findings highlight key factors that should be at the core of regional and international level discussions on China-Africa trade strategy and policy.","PeriodicalId":81652,"journal":{"name":"Journal of Eastern African research & development","volume":"366 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2014-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80363598","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The False Economics of Preconditions Policymaking in the African Context","authors":"Célestin Monga","doi":"10.5325/jafrideve.16.2.0121","DOIUrl":"https://doi.org/10.5325/jafrideve.16.2.0121","url":null,"abstract":"It is a strange moment in history to be an African economist or policymaker. On the one hand, one is comforted by the enthusiastic narrative of success and hope that is sweeping political circles and chancelleries across the world, corporate board meetings, and fancy conference venues like this one. It is almost fashionable to say nice things about Africa these days. On the other hand, one still reads newspaper headlines and travels the continent to see the huge amount of unjustifiable suffering of large cohorts of people—mainly children and women—whose stories of suffering and despair cannot be told in words. Yes, many odd things are indeed happening across the continent beyond the headlines-grapping civil wars in South Sudan and the Central African Republic, the disappointment over the democratization process in Libya, Tunisia and Egypt, or the uncertainties over whether life will ever be better for citizens in countries","PeriodicalId":81652,"journal":{"name":"Journal of Eastern African research & development","volume":"10 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2014-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80518841","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
N. Yaméogo, Tiguéné Nabassaga, Abebe Abebe, Mthuli Ncube
{"title":"Diversification and Sophistication as drivers of structural transformation for Africa: The Economic Complexity Index of African Countries","authors":"N. Yaméogo, Tiguéné Nabassaga, Abebe Abebe, Mthuli Ncube","doi":"10.5325/jafrideve.16.2.0001","DOIUrl":"https://doi.org/10.5325/jafrideve.16.2.0001","url":null,"abstract":"\u0000 African countries have achieved impressive growth performance during the recent years despite the multiple crises the western world is experiencing. However, this growth has not been inclusive for several reasons. It has been driven mainly by the extractive industry at the detriment of the industrial and manufacturing sectors. These sectors contribution has even stagnated during the last fifteen years to least than 10% of the continent's GDP. Because much of the efforts were put in the extractive industry, and the industrial sector including the manufacturing were neglected for long time, it has resulted that most African countries productive structure have remained weakly sophisticated and diversified. The productive structures have not benefited from the recent growth observed across the continent. Since Adam smith (1776), it is recognized that the level of wealth of a nation depends mainly on the lever of knowledge that the society holds. This is translated in the nation's productive structure and the products it make. By exporting mainly commodities and raw materials that do not require any advanced technology, African countries have not yet been able to structurally transform their economies. Yet, it is acknowledges in the literature that development and growth are a process of structural transformation whereby resources were transform from lower productivity activities to higher productivity activities. And this transformation has not yet been observed in African societies. This paper attempted to measure the level of complexity of African economies by adopting the same approach recently introduced by Hidalgo et al. (2007) and Hidalgo and Hausmann (2009). We generated a large database that includes detailed information related to technology intensiveness of African countries exports, their revealed comparative advantages, indicators related to diversity, ubiquity, and economic and product complexity. We found that not only African economies are not complex. Their exports are weakly diversified and weakly sophisticated. This could contribute to explain why the recent growth has not been inclusive. This study is a starting point and could be extended to deeper macro-econometric analysis which will provide policy recommendations to African countries on which areas they should focus their efforts in order to really transform their economies and create sustainable prosperity for the majority of their population.","PeriodicalId":81652,"journal":{"name":"Journal of Eastern African research & development","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2014-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84914495","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Keynote address at the African Development Bank/African Finance and Economics Association Luncheon, January 4, 2013, San Diego, USA","authors":"Dr. Loius Kasekende","doi":"10.5325/jafrideve.16.1.0119","DOIUrl":"https://doi.org/10.5325/jafrideve.16.1.0119","url":null,"abstract":"","PeriodicalId":81652,"journal":{"name":"Journal of Eastern African research & development","volume":"35 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2014-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76035292","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Does Foreign Aid In Education Promote Economic Growth? Evidence From Sub-Saharan Africa","authors":"E. Asiedu","doi":"10.5325/jafrideve.16.1.0037","DOIUrl":"https://doi.org/10.5325/jafrideve.16.1.0037","url":null,"abstract":"\u0000 This paper examines whether foreign aid in education has a significant effect on growth in Sub-Saharan Africa. Our analysis covers 38 countries over the period 1990–2004 and we control for initial per capita income, inflation, investment, government consumption, openness to trade and institutional quality. We find that (i) aid in primary education has a positive and significant effect on growth; (ii) aid in post-primary education has an adverse effect or at best no significant impact on growth; and (iii) growth increases as aid in primary education as a share of total education aid rises.","PeriodicalId":81652,"journal":{"name":"Journal of Eastern African research & development","volume":"52 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2014-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79134806","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Saving Sudan, Starving Uganda: Aid, Growth, and Externalities in Africa","authors":"John A. Doces","doi":"10.5325/jafrideve.16.1.0061","DOIUrl":"https://doi.org/10.5325/jafrideve.16.1.0061","url":null,"abstract":"\u0000 This paper presents an analysis of aid and growth in Africa, testing an idea emerging from a case involving Sudan and Uganda. Based on this case, the primary claims made here are first that there are negative external effects associated with aid flows across sub-Saharan Africa, and second that these externalities reduce growth rates. The statistical results from an analysis of all contiguous sub-Saharan African countries, covering the period from 1960 to 2009, indicate that a typical increase in aid to a country's neighbors reduces growth in the bordering country by anywhere from .50 to 1.25 percentage points. The policy implications associated with these findings are discussed in the concluding section.","PeriodicalId":81652,"journal":{"name":"Journal of Eastern African research & development","volume":"52 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2014-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74559499","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}