Showing 1 - 10 of 8,176
This paper integrates a previously missing wealth-effect component in the openness-finance debate. From a panel of 29 … financial) triggers less bank efficiency in low income countries than in their middle income counterparts. These findings … low and middle income African countries with data spanning from 1987 to 2008, we provide evidence that openness (trade and …
Persistent link: https://www.econbiz.de/10011390762
Purpose - Is globalization instrumental in fighting corruption? Do wealth effects matter in this fight? Are findings valid when linearity assumptions are dropped? This paper assesses the Lalountas et al. (2011) hypotheses (conclusions) in the African context. Design/methodology/approach - Though...
Persistent link: https://www.econbiz.de/10011390805
; (4) estimation with a technique that controls for time-invariant unobservable shocks that affect openness and human … openness options in a selective and gradual manner, development of some industrial backbone for an import-substitution or …
Persistent link: https://www.econbiz.de/10011390811
This study assesses the effect of globalisation on governance in 51 African countries for the period 1996-2011. Ten bundled and unbundled governance indicators and four globalisation variables are used. The empirical evidence is based on Generalised Method of Moments. The following findings are...
Persistent link: https://www.econbiz.de/10011596353
This study investigates the effect of globalisation on governance in 51 African countries for the period 1996-2011. Four bundled governance indicators and four globalisation (political, economic, social and general) variables are used. The empirical evidence is based on Instrumental Variable...
Persistent link: https://www.econbiz.de/10011784884
intermediary dynamics. With the exception of financial allocation efficiency, financial channels of depth and activity are good for …-redistributive effect. Financial efficiency has a disequalizing effect, implying policies designed to improve the allocation of mobilized …
Persistent link: https://www.econbiz.de/10011390778
development dynamics of depth, efficiency, activity and size have an equalizing effect on income distribution through private …
Persistent link: https://www.econbiz.de/10011390779
In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial sector competition, we contribute at the same time to the macroeconomic literature on measuring financial development and respond to the growing field of economic development...
Persistent link: https://www.econbiz.de/10011390836
Purpose - The aim of this paper is to complement theoretical and qualitative literature with empirical evidence on the income-redistributive effect of mobile phone penetration in 52 African countries. Design/methodology/approach - Robust Ordinary Least Squares and Two Stage Least Squares...
Persistent link: https://www.econbiz.de/10011390847
The object of this paper is to complement theoretical 'mobile penetration' literature with empirical evidence in a dual manner: on the one hand, assess the income-redistributive effect of mobile phone penetration and; on the other hand, the instrumentality of good governance in this nexus. Main...
Persistent link: https://www.econbiz.de/10011390851