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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

Revolution empirics : predicting the Arab Spring

Asongu, Simplice A.; Nwachukwu, Jacinta C. - 2014

The paper examines whether the Arab Spring phenomenon was predictable by complete elimination in the dispersion of core demands for better governance, more jobs and stable consumer prices. A methodological innovation of the Generalized Methods of Moments is employed to assess the feasibility and...

Persistent link: https://www.econbiz.de/10011409159

Foreign direct investment and Inclusive green growth in Africa : energy efficiency contingencies and thresholds

Ofori, Isaac Kwesi; Gbolonyo, Emmanuel Y.; Ojong, Nathanael - 2022

Despite the growing number of empirical studies on foreign direct investment (FDI) and energy efficiency (EE) as they relate to green growth, there remains an empirical research gap with respect to whether EE can engender positive synergy with FDI to foster inclusive green growth (IGG) in...

Persistent link: https://www.econbiz.de/10013461786

Towards inclusive growth in Africa : remittances, and financial development interactive effects and thresholds

Ofori, Isaac Kwesi; Gbolonyo, Emmanuel Y.; Dossou, Toyo … - 2023

The study employs macro data for 42 African countries to examine the interactive and threshold effects of financial development in the remittances-inclusive growth relationship. First, evidence based on the system GMM estimator shows that remittances are not statistically significant in...

Persistent link: https://www.econbiz.de/10014265891