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How do financial reforms affect inequality through financial sector competition? : evidence from Africa
Asongu, Simplice A. - 2013
In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial …: (1) while formal financial development decreases inequality, financial sector formalization increases it; (2) whereas … semi-formal financial development increases inequality, the effect of financial semi-formalization is unclear; (3) both …
Persistent link: https://www.econbiz.de/10011410012
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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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Towards the quest to reduce income inequality in Africa : is there a synergy between tourism development and governance?
Ofori, Isaac Kwesi; Dossou, Toyo A. M.; Akadiri, Seyi - 2021
This study investigates: (i) the effect of foreign direct investment (FDI) on total factor productivity (TFP) and economic growth dynamics, and (ii) the relevance of value added from three economic sectors in modulating the established effect of FDI on TFP and economic growth dynamics. The...
Persistent link: https://www.econbiz.de/10012799023
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Ethnic diversity and inequality in sub-Saharan Africa : do institutions reduce the noise?
Ajide, Kazeem Bello; Alimi, OlorunfemiY.; Asongu, Simplice - 2019
inequality empirics. While ethnic diversity h asalso been identified as one of the fundamental causes of income inequality, the … role of institutions as a mediating factor in the ethnicity-inequality nexus has not received the scholarly attention it … framework corrects the noisy influence originating from the nexus between "ethnic diversity" and inequality in 26 sub -Saharan …
Persistent link: https://www.econbiz.de/10011997604
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Resource rents and inclusive human development in developing countries
Nchofoung, Tii Njivukuh; Achuo, Elvis Dze; Asongu, Simplice - 2021
This study aims to empirically verify the effects of natural resource rents on inclusive human development in developing countries. The results from the IV Tobit regression show that natural resource rents have a positive direct effect on inclusive human development in developing countries and...
Persistent link: https://www.econbiz.de/10012509245
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Remittances, Natural Resource Rent and Economic Growth in SubSaharan Africa
Ofori, Pamela E.; Grechyna, Daryna - 2021
Despite the established link between oil rent fluctuations and remittances received, its plausible joint effect on economic growth in Sub-Saharan Africa (SSA) remains unexplored. To fill this gap, first we determine whether natural resource rent (composed of oil rent, forest rent and natural gas...
Persistent link: https://www.econbiz.de/10012617694
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Trust and prosperity : a conditional relationship
Asongu, Simplice A.; Kodila-Tedika, Oasis - 2013
The paper extends Breggren et al. (2008, EE) on "trust and growth: a shaky relationship" by incorporating recent developments in the trust-growth literature and using a robust methodological underpinning that accounts for the presence of outliers. The empirical evidence is based on 63 countries....
Persistent link: https://www.econbiz.de/10011409952
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Trust and growth revisited
Asongu, Simplice; Kodila-Tedika, Oasis - 2017
The paper extends Breggren et al. (2008, EE) on "trust and growth: a shaky relationship" by incorporating recent developments in the trust-growth literature and using a robust methodological underpinning that accounts for the presence of outliers. The empirical evidence is based on 63 countries....
Persistent link: https://www.econbiz.de/10011794974
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Trust and quality of growth : a note
Asongu, Simplice A.; Gupta, Rangan - 2015
based on interactive contemporary and non-contemporary quantile regressions. Inequality and human development modifying …, relatively high thresholds of inequality are needed to change this positive trust-QG nexus in some distributions. …
Persistent link: https://www.econbiz.de/10011408408
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Mobile banking and mobile phone penetration : which is more pro-poor in Africa?
Asongu, Simplice A. - 2013
. Poverty alleviation channels explaining this difference in inequality mitigating propensity are discussed. The empirical …
Persistent link: https://www.econbiz.de/10011409902