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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

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

Misperceiving Inequality

Gimpelson, Vladimir - 2015

Since Aristotle, a vast literature has suggested that economic inequality has important political consequences. Higher inequality is thought to increase demand for government income redistribution in democracies and to discourage democratization and promote class conflict and revolution in...

Persistent link: https://www.econbiz.de/10013016396

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

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

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

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

Inequality and Growth in Rural China : Does Higher Inequality Impede Growth?

Benjamin, Dwayne; Brandt, Loren; Giles, John - 2021

We explore the relationship between the level of village inequality in 1986, and the subsequent growth of household incomes from 1986 to 1999. Using a detailed household-level data set from rural China, we find robust evidence that initial inequality is negatively related to subsequent household...

Persistent link: https://www.econbiz.de/10013317407

The Economic Growth Impact of Hurricanes : Evidence from US Coastal Counties

Strobl, Eric - 2021

We estimate the impact of hurricane strikes on local economic growth rates and how this is reflected in more aggregate growth patterns. To this end we assemble a panel data set of US coastal counties' growth rates and construct a hurricane destruction index that is based on a monetary loss...

Persistent link: https://www.econbiz.de/10013325058

Human Capital, Economic Growth, and Regional Inequality in China

Fleisher, Belton M.; Li, Haizheng; Zhao, Min Qiang - 2021

We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth patterns can be understood as a function of several interrelated factors, which include investment in physical capital, human capital, and infrastructure capital; the infusion...

Persistent link: https://www.econbiz.de/10013325091