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Development in Africa
Pelizzo, Riccardo; Kinyondo, Abel; Nwokora, Zim - 2018
Persistent link: https://www.econbiz.de/10011956950
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Law, finance, economic growth and welfare: why does legal origin matter?
Asongu, Simplice A. - 2011
This paper proposes and empirically validates four theories of why legal origin influences growth and welfare through finance. It is a natural extension of "Law and finance: why does legal origin matter?" by Thorsten Beck, Asli Demirgüç-Kunt and Ross Levine (2003). We find only partial support...
Persistent link: https://www.econbiz.de/10011390770
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Law and Finance in Africa
Asongu, Simplice A. - 2011
This paper assesses how legal origin influences financial development through regulation quality and the rule of law …. It employs all the dimensions identified by the Financial Development and Structure Database of the World Bank. The law … size. The results broadly support the benefits of law mechanisms in financial development. The findings only show partial …
Persistent link: https://www.econbiz.de/10011390772
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Middle class in Africa: Determinants and Consequences
Kodila-Tedika, Oasis; Asongu, Simplice A.; Kayembe, … - 2014
This study complements the inclusive growth literature by examining the determinants and consequences of the middle class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 African countries for a 2010 cross-sectional study. OLS,...
Persistent link: https://www.econbiz.de/10011390886
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Does Intelligence Affect Economic Diversification?
Kodila-Tedika, Oasis; Asongu, Simplice A. - 2014
This paper extends the growing literature on knowledge economy by investigating the effect of intelligence on economic diversification. Using a battery of estimation techniques that are robust to endogeneity, we find that human capital has positive correlations with export diversification,...
Persistent link: https://www.econbiz.de/10011390894
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Does social media promote democracy? Some empirical evidence
Jha, Chandan Kumar; Kodila-Tedika, Oasis - 2019
This study explores the relationship between social media and democracy in a cross- section of over 125 countries around the world. We find the evidence of a strong, positive correlation between Facebook penetration (a proxy for social media) and democracy. We further show that the correlation...
Persistent link: https://www.econbiz.de/10012112199
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Corruption, economic growth and the informal sector: Empirical evidence from developing countries
Ngouhouo, Ibrahim; Njoya, Loudi; Asongu, Simplice - 2022
The main objective of this paper is to contribute to in-depth literature on the relationship between growth and the informal sector in the presence of corruption. The impact of the interaction between growth and corruption on economic performance (increase or decrease of the informal sector)...
Persistent link: https://www.econbiz.de/10013330033
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The role of economic prosperity on informality in Africa: Evidence of corruption thresholds from PSTR
Njoya, Loudi; Ngouhouo, Ibrahim; Asongu, Simplice; … - 2022
This paper is interested in explaining the causes of the simultaneous evolution between economic growth and informality. Using a large annual panel of African countries with a time series of 25 years, ours results show that when the corruption rate is above (below) a threshold of 1.3577,...
Persistent link: https://www.econbiz.de/10013330035
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Demographic change and wealth inequality: Global evidence
Asongu, Simplice; Simo-Kengne, Beatrice D. - 2022
. Empirical results from quantile regressions indicate that besides macroeconomic and institutional factors, population ageing and … the high size of working population exhibit some mitigating effects on wealth inequality at lower quantiles and the … opposite effect at high quantiles. Whereas at the quantile above 75, rising share of working age population, population growth …
Persistent link: https://www.econbiz.de/10014549406
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New financial intermediary development indicators for developing countries
Asongu, Simplice A. - 2011
Financial development indicators are often applied to countries/regions without taking into account specific financial … development realities. Financial depth in the perspective of monetary base is not equal to liquid liabilities in every development … context. This paper introduces complementary indicators to the existing Financial Development and Structure Database (FDSD …
Persistent link: https://www.econbiz.de/10011390768