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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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Geography, institutions, and the making of comparative development
Auer, Raphael A. - 2012
While the direct impact of geographic endowments on prosperity is present in all countries, in former colonies, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a control group, I re-examine the theories put forward by La...
Persistent link: https://www.econbiz.de/10010283609
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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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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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Is Public Investment in Construction and in R&D, Growth Enhancing? A PVAR Approach
Afonso, António; Sá Fortes Leitao Rodrigues, Eduardo de - 2022
We study the impacts of public investment, notably in construction and in R&D on economic growth and of crowding-out effects on private investment. For this purpose, we use Panel Vector Autoregression (PVAR) models and the Generalised Method of Moments (GMM) approach for 40 advanced and emerging...
Persistent link: https://www.econbiz.de/10014242792
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Dualism and cross-country growth regressions
Temple, Jonathan; Woessmann, Ludger - 2004
This paper examines whether growth regressions should incorporate dualism and structural change. If there is a differential across sectors in the marginal product of labour, changes in the structure of employment can raise aggregate total factor productivity. The paper develops empirical growth...
Persistent link: https://www.econbiz.de/10010261270
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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
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Trajectories of knowledge economy in SSA and MENA countries
Asongu, Simplice; Andrés, Antonio R. - 2019
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-based economy dimensions. The paper employs all the four components of the World Bank's...
Persistent link: https://www.econbiz.de/10011997637
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The Impact of the Spatial Population Distribution on Economic Growth : Evidence from the United States
Bürgi, Constantin; Gorgulu, Nisan - 2022
We look at a part of the spatial angle of economic growth. We introduce a new measure Spatial Population Concentration (SPC) that captures the weighted average population surrounding every person within a geographic area. The weights are a function of the distance between the person in question...
Persistent link: https://www.econbiz.de/10014243162