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Inequality, finance and pro-poor investment in Africa
Asongu, Simplice A.; Tchamyou, Vanessa S. - 2015
This study complements existing literature by investigating how investment-driven finance affects inequality in Africa … development for the post-2015 sustainable development agenda. Notably, in the current transition from Millennium Development Goals …
Persistent link: https://www.econbiz.de/10011417474
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Testing the relationships between energy consumption, CO 2 emissions and economic growth in 24 African countries : a panel ARDL approach
Asongu, Simplice; El Montasser, Ghassen; Toumi, Hassen - 2015
This study complements existing literature by examining the nexus between energy consumption (EC), CO2 emissions (CE) and economic growth (GDP) in 24 African countries using a panel ARDL approach. The following findings are established. First, there is a long run relationship between EC, CE and...
Persistent link: https://www.econbiz.de/10011407926
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Growth and institutions in African development
Fosu, Augustin Kwasi - 2015
Persistent link: https://www.econbiz.de/10011407947
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On the dynamic effects of foreign aid on corruption
Asongu, Simplice A. - 2015
We assemble more pieces on the puzzle of the aid-corruption nexus. In essence, we extend the debate on the effect of foreign aid on corruption by providing evidence on dynamic effects of wealth, legal origin, religious-domination, regional proximity, openness to sea, natural resources and...
Persistent link: https://www.econbiz.de/10011408498
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Foreign aid, investment and fiscal policy behavior : theory and empirical evidence
Asongu, Simplice A.; Jellal, Mohammed - 2014
The paper provides theoretical and empirical justifications for the instrumentality of foreign aid in stimulating private investment and fixed capital formation through fiscal policy mechanisms. We propose an endogenous growth theory based on an extension of Barro (1990) by postulating that the...
Persistent link: https://www.econbiz.de/10011409169
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Economic implications of business dynamics for KE-associated economic growth and inclusive development in African countries
Asongu, Simplice A.; Amavilah, Voxi Heinrich S.; … - 2014
This paper develops an empirically-relevant framework (a) to examine whether or not the African business environment hinders or promotes the knowledge economy (KE), (b) to determine how the KE which emerges from such an environment affects economic growth, and (c) how growth in turn relates to...
Persistent link: https://www.econbiz.de/10011409222
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Knowledge economy gaps, policy syndromes and catch-up strategies : fresh South Korean lessons to Africa
Asongu, Simplice A. - 2014
Africa's overall knowledge index fell between 2000 and 2009. South Korea's economic miracle is largely due to a … knowledge economies. Using updated data (1996-2010), this paper presents fresh South Korean lessons to Africa by assessing the … syndromes and compelling catch-up strategies are discussed. Issues standing on the way to KE in Africa are dissected with great …
Persistent link: https://www.econbiz.de/10011409247
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New financial development indicators : with a critical contribution to inequality empirics
Asongu, Simplice A. - 2013
The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
Persistent link: https://www.econbiz.de/10011409823
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On the effectiveness of foreign aid in institutional quality
Asongu, Simplice A. - 2013
We extend the Okada & Samreth (2012, EL) and Asongu (2012, EB) debate on 'the effect of foreign aid on corruption' by: not partially negating the former's methodological underpinning (as in the latter's approach) with a unifying empirical framework and; broadening the horizon of inquiry from...
Persistent link: https://www.econbiz.de/10011409986
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Linkages between investment flows and financial development : causality evidence from selected African countries
Asongu, Simplice A. - 2012
Purpose - This paper introduces previously missing financial components(efficiency, activity and size) in the assessment of the finance-investment nexus. Design/methodology/approach - VAR models in the perspectives of VECM and short-run Granger causality are employed. Usage of optimally...
Persistent link: https://www.econbiz.de/10011410059