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Deriving macroeconomic benefits from public-private partnerships in developing Asia
Lee, Minsoo; Han, Xuehui; Gaspar, Raymond; Alano, Emmanuel - 2018
The provision of infrastructure and related services in developing Asia via publi-private partnership (PPP) increased rapidly during the late 1990s. Theoretical arguments support the potential economic benefits of PPPs, but empirical evidence is thin. This paper develops a framework identifying...
Persistent link: https://www.econbiz.de/10011896056
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The comparative economics of catch-up in output per worker, total factor productivity and technological gain in Sub-Saharan Africa
Ssozi, John; Asongu, Simplice A. - 2015
the beta catch-up and sigma convergence to compare dispersions in output per worker, total factor productivity and ….70% per annum with corresponding time to full catch-up of 25.38 years and 26.01 years respectively. Third, we find sigma-convergence …
Persistent link: https://www.econbiz.de/10011407943
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African development : beyond income convergence
Asongu, Simplice A. - 2012
indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … convergence in real per capita GDP and inequality adjusted human development in 38 African countries, disaggregated into 10 … is that the income component of the human development index moves slower than others in the convergence process and thus …
Persistent link: https://www.econbiz.de/10011410273
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Relevance of Wagner's hypothesis in achieving sustainable development agenda in Nigeria
Oseni, Isiaq O.; Adekunle, Ibrahim A. - 2020
Policy ambiguity in the form of non-directional and non-purposeful use of state resources has made sustainable growth outcomes a mirage in Nigeria. Recent economic crisis prompted the debate on how increased government spending induces sustainable economic growth in Nigeria. This paper examines...
Persistent link: https://www.econbiz.de/10012165290
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Rationale and institution for public-private partnerships
Kim, Jung-Wook - 2018
Private-public partnership (PPP) methods are considered to be an effective way to narrow the gap between demand and supply of social infrastructure. If successfully pursued, PPP can deliver benefits to users, governments, and the private sector, or the so-called triple wins. Enhancing efficiency...
Persistent link: https://www.econbiz.de/10011903172
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The role and impact of infrastructure in middle-income countries : anything special?
Abiad, Abdul; Debuque-Gonzales, Margarita; Sy, Andrea Loren - 2017
We examine the evolution of infrastructure, and the impact of infrastructure investment, in middleincome countries (MICs). We document how different types of infrastructure stocks, as well as infrastructure investment, vary with the level of development and growth performance. We then use the...
Persistent link: https://www.econbiz.de/10011713011
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Financial development and human capital thresholds for the infrastructure development-industrialization nexus in Africa
Nkemgha, Guivis Zeufack; Nchofoung, Tii Njivukuh; … - 2022
Examining the value-added link between infrastructure and industrialization is fundamental to achieving Sustainable Development Goal (SDG) 9, which consists of building resilient infrastructure, promoting inclusive and sustainable industrialization and fostering innovation. The objectives of...
Persistent link: https://www.econbiz.de/10013461773
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African financial development dynamics : big time convergence
Asongu, Simplice A. - 2012
-law) and religious dominations (Christianity and Islam). We examine convergence in financial intermediary dynamics of depth … size respectively. We also provide the speeds of convergence and time necessary to achieve a full (100%) convergence … diversification. The convergence patterns show positive steps towards regional integration. As a policy implication, African …
Persistent link: https://www.econbiz.de/10011410269
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Has knowledge improved economic growth? : evidence from Nigeria and South Africa
Shobande, Olatunji Abdul; Asongu, Simplice - 2021
variables. The speed of convergence of the variables to their long-term mean values is relatively higher for South Africa than …
Persistent link: https://www.econbiz.de/10012621390
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Trajectories in knowledge economy : empirics from SSA and MENA countries
Asongu, Simplice; Andrés, Antonio R. - 2015
In the first critical assessment of knowledge economy dynamic paths in Africa and the Middle East, but for a few exceptions, we find overwhelming support for diminishing cross-country disparities in knowledge-base-economy dimensions. The paper employs all the four components of the World Bank's...
Persistent link: https://www.econbiz.de/10011596861