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The comparative economics of catch-up in output per worker, total factor productivity and technological gain in Sub-Saharan Africa

Ssozi, John; Asongu, Simplice A. - 2015

the beta catch-up and sigma convergence to compare dispersions in output per worker, total factor productivity and ….70% per annum with corresponding time to full catch-up of 25.38 years and 26.01 years respectively. Third, we find sigma-convergence …

Persistent link: https://www.econbiz.de/10011407943

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

Globalization, infrastructure, and inclusive growth

Winters, Leonard Alan - 2014

This paper covers threes issues: first, defining and measuring inclusive growth; second, the relationship between international trade and inequality; and third, the links between infrastructure and inequality. Both international trade and infrastructure make it easier for people to exchange...

Persistent link: https://www.econbiz.de/10010245334

The impacts of infrastructure in development : a selective survey

Sawada, Yasuyuki - 2015

Development economists have considered physical infrastructure to be a precondition for industrialization and economic development. Yet, two issues remain to be addressed in the literature. First, while proper identification of the causal effectiveness of infrastructure in reducing poverty is...

Persistent link: https://www.econbiz.de/10010465408

Digitalization and economic performance of two fast-growing Asian economies : India and the People's Republic of China

Sahoo, Dukhabandhu; Nayak, Suryakanta; Behera, Jayanti - 2021

This paper aims to identify the role of digitalization and infrastructure in two fast-growing Asian economies, namely India and the People's Republic of China (PRC), within the growth framework from1990 to 2019 by using panel 2SLS and the NARDL technique. The results show that internet and...

Persistent link: https://www.econbiz.de/10012500546

Reevaluating the economic benefits of the Lao People's Democratic Republic (Lao PDR)-People's Republic of China high-speed rail and its implications for fiscal stability of the Lao...

Lane, Jonathan Andrew - 2020

This paper explores the challenges created by debt and fiscal stability in countries where major infrastructure investment is proposed. This paper specifically focuses on the Lao People's Democratic Republic (Lao PDR) and the $6 billion Lao PDR-People's Republic of China (PRC) high-speed railway...

Persistent link: https://www.econbiz.de/10012289885

Infrastructure and urbanization in the People's Republic of China

Li, Zhigang - 2017

The recent experience of infrastructure investment in the People's Republic of China (PRC) suggests an intertwined relationship between investment, urbanization, and economic growth. In one mechanism, urbanization generates demand for infrastructure investment, which then drives economic growth...

Persistent link: https://www.econbiz.de/10011585947

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

Global trajectories, dynamics, and tendencies of business software piracy : benchmarking IPRs harmonization

Asongu, Simplice A.; Andrés, Antonio R. - 2014

feasible within a horizon of 4.3 to 10.4 years. In other words, full (100%) convergence within the specified timeframe will … characteristics of software piracy. The absence of convergence (in absolute and conditional terms) for the World panel indicates that …

Persistent link: https://www.econbiz.de/10011409257