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The paper assesses how remittances directly and indirectly affect industrialisation in a panel of 49 African countries … industrialisation. The non-interactive specification elucidates direct effects of remittances on industrialisation whereas interactive … specifications explain indirect impacts. The findings broadly show that for certain initial levels of industrialisation, remittances …
Persistent link: https://www.econbiz.de/10011542423
remains mostly underdeveloped. The altruistic motives of sending remittances to Africa are likely to fade with time. In this …African nations have in time, passed over-relied on remittances inflow to augment domestic finances needed for growth …. Despite the volume and magnitude of remittances that have to serve as an alternative source of investment financing, African …
Persistent link: https://www.econbiz.de/10012603078
. Robust evidence from the dynamic GMM estimator shows that: (i) remittances heighten income inequality in Africa, (ii) Africa …-à-vis financial access and depth, inefficiencies characterising Africa's financial institution is the main reason remittances …The study employs macro data on 42 African countries to examine whether remittances and financial development …
Persistent link: https://www.econbiz.de/10013257108
Despite the magnitude of remittances as an alternative source of investment financing in Africa, the financial sector … examine the structural linkages between remittances and financial sector development in Africa. Panel data on indices of … in Africa has significantly remained underdeveloped and unstable. Finding a solution to Africa's financial deregulation …
Persistent link: https://www.econbiz.de/10012304906
countries in sub-Saharan Africa. It complements the literature by examining the relevance of enhancing three types of external … flows, namely: development assistance, foreign investment and remittances. Ordinary Least Squares, Tobit, Fixed effects … threshold and (iii) 25 (% of GDP) is the critical mass of remittances. At the established critical masses or thresholds …
Persistent link: https://www.econbiz.de/10012052992
scholars and policy makers also builds on the fact that the potential for ICT and remittances in Africa can be leveraged to …This study examines the role of information and communication technology (ICT) on remittances for industrialisation in … are positive marginal effects from the interaction between remittances and ICT in the FE regressions whereas there are …
Persistent link: https://www.econbiz.de/10012002838
Purpose - This study examines how linkages between information and communication technology (ICT) and remittances … remittances can be changed from positive to negative, notably: (i) for the number of start-up procedures, an internet level of 9 … our knowledge, this is the first study to assess linkages between ICT, remittances and doing business in Sub …
Persistent link: https://www.econbiz.de/10011817269
-Saharan Africa for the period 2000-2012. The empirical evidence is based on Tobit regressions and Generalised Method of Moments. The … findings from both estimation techniques reveal that remittances and FDI increase inclusive development whereas foreign aid has …, remittances are negatively associated with: (i) Middle income countries compared to Low income countries where the effect is not …
Persistent link: https://www.econbiz.de/10011794980
The paper assesses how remittances directly and indirectly affect industrialisation us ing a panel of 49 African … industrialisation. The non-interactive specification elucidates direct effects of remittances on industrialisation whereas interactive … specifications explain indirect impacts. The findings broadly show that for certain initial levels of industrialisation, remittances …
Persistent link: https://www.econbiz.de/10011998019
remittances are not statistically significant in promoting inclusive growth in Africa. Notably, across the economic growth and … development in the remittances-inclusive growth relationship. First, evidence based on the system GMM estimator shows that … income inequality dimensions of inclusive growth, we find that although remittances are ineffective in boosting the former …
Persistent link: https://www.econbiz.de/10014265891