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In this paper, the modulating effect of income inequality in the finance-growth nexus using data from 29 sub-Saharan African (SSA) countries is examined. The study examines i) whether financial development still spurs economic growth in the studied countries, and ii) whether income inequality...
Persistent link: https://www.econbiz.de/10014331680
Purpose This study examines the moderating role of institutional quality and its threshold in the African financial development-economic complexity nexus. This objective follows the argument that institutional quality influences the financial system's efficiency in allocating resources to...
Persistent link: https://www.econbiz.de/10014518482
This paper examines the dynamic relationship between education, governance and economic growth in 28 sub-Saharan African (SSA) countries from 2002 to 2018 using the generalized method of moments (GMM) approach. The study first examines the effect of education on economic growth and, thereafter,...
Persistent link: https://www.econbiz.de/10015050053