Showing 1 - 10 of 1,989
Sub-Saharan Africa's dismal development outcomes-growth collapse and declining real income-are often used to highlight … paper shows that Africa’s underlying dismal growth performance can be largely accounted for by high political risk and … uncertainty which undermined investments and growth prospects in the region over most of the post-independence era. This …
Persistent link: https://www.econbiz.de/10010938949
Empirical explorations of the growth and productivity impacts of infrastructure have been characterized by ambiguous … infrastructure overprovision, simultaneity between infrastructure provision and growth, and the possibility of multiple (hence … systematic pattern is also shown to hold for our dataset in estimations that include the infrastructure measures in simple growth …
Persistent link: https://www.econbiz.de/10008594432
-Saharan African nations on their poor growth performance relative to other developing countries, this avenue remains empirically … unexplored. In this paper we use a new cross-country panel climatic data set in an economic growth framework to explore the issue …. Our results show that rainfall has been a significant determinant of poor economic growth for Africa, but not for other …
Persistent link: https://www.econbiz.de/10005043474
The paper verifies the Azzimonti et al. (2014) conclusions on a sample of 53 African countries for the period 1996-2008. Authors of the underlying study have established theoretical underpinnings for a negative nexus between rising public debt and inequality in OECD nations. We assess the...
Persistent link: https://www.econbiz.de/10011310232
This paper examines how domestic, foreign, private and public investments affect income-inequality through financial intermediary dynamics. With the exception of financial allocation efficiency, financial channels of depth and activity are good for the poor as they diminish estimated household...
Persistent link: https://www.econbiz.de/10011390778
Hitherto very few studies on the inequality-finance(investment) nexus have focused on the African continent owing to lack of relevant data. This paper integrates previously missing investment and financial components in the assessment of how finance affects pro-poor investment channels. Findings...
Persistent link: https://www.econbiz.de/10011390779
: (1) with the exception of the economic freedom mechanism, liberalization policies have generally decreased the growth of …
Persistent link: https://www.econbiz.de/10011390859
This study complements existing literature by investigating how investment-driven finance affects inequality in Africa. The empirical evidence is based on restricted and unrestricted Two-Stage Least Squares and a pre-crisis periodicity (1980-2002). Inequality is measured with estimated household...
Persistent link: https://www.econbiz.de/10011596325
This study examines the impact of globalisation on inclusive human development in 51 African countries for the period 1996-2011 with particular emphasis on income levels (low income versus middle income), legal origins (English common law versus French civil law), resource wealth (oil-rich...
Persistent link: https://www.econbiz.de/10011596374
: varying conditioning information sets, changes in the growth of urban population, government consumption, legal systems …
Persistent link: https://www.econbiz.de/10011596390