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Sub-Saharan growth surprises: Geography, institutions and history in an all African data panel
Cinyabuguma, Matthias; Putterman, Louis - 2006
We use two types of cross-country growth regression models to revisit explanations of slow growth in Africa looking at growth rate variation among African countries only. Both sets of models produce results that are surprising given conclusions based on global sample: within Africa, we .nd...
Persistent link: https://www.econbiz.de/10010318877
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Institutional reforms, private sector, and economic growth in Africa
Okey, Mawussé K. N. - 2011
The aim of this paper is to analyse the effect of institutional reforms on the revival of African economies. We study the impact of positive changes in business environment indicators of the Doing Business project and the Economic Freedom Index of the Heritage Foundation on the private sector...
Persistent link: https://www.econbiz.de/10010280095
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Institutional reforms, private sector, and economic growth in Africa
Okey, Mawussé Komlagan Nézan - 2011
The aim of this paper is to analyse the effect of institutional reforms on the revival of African economies. We study the impact of positive changes in business environment indicators of the Doing Business project and the Economic Freedom Index of the Heritage Foundation on the private sector...
Persistent link: https://www.econbiz.de/10009231277
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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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Mitigating the macroeconomic impact of severe natural disasters in Africa : policy synergies
Diop, Samba; Asongu, Simplice; Tchamyou, Vanessa - 2021
This study evaluates the economic impact of severe natural disasters in Africa using the generalized synthetic control method. In other words, it assesses how gross domestic product (GDP) would have been affected if severe natural disasters did not occur. Moreover, it explores the determinants...
Persistent link: https://www.econbiz.de/10012799847
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The macroeconomic impact of recent political conflicts in Africa : generalized synthetic counterfactual evidence
Diop, Samba; Asongu, Simplice; Tchamyou, Vanessa - 2021
This paper measures the macroeconomic impact of recent political crisis, protest and uprisings in Africa with the generalized synthetic control method and evaluates the role played by natural resource dependence on the modulation of the impact. We find that political crisis, protests and...
Persistent link: https://www.econbiz.de/10012650707
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Regional Growth Spillovers in Sub-Saharan Africa
Arizala, Francisco - 2019
This paper documents the steady increase in intraregional trade in sub-Saharan Africa since 1980, links this rise to important growth spillovers in the region, and identifies the main source countries and those most vulnerable to the economic conditions of others. Estimates show that in the...
Persistent link: https://www.econbiz.de/10012864108
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Sub-Saharan Growth Surprises : Geography, Institutions and History in an All African Data Panel
Putterman, Louis - 2007
. Our results confirm the negative effects of corruption and civil wars and the positive effects of trade openness …
Persistent link: https://www.econbiz.de/10014054464
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Political Predation and Economic Development
Biais, Bruno; Bates, Robert; Azam, Jean-Paul - 2005
Economic growth occurs as resources are reallocated from the traditional sector to the more productive modern sector. Yet, the latter is more vulnerable to political predation. Hence, political risk hinders development. We analyze a politico-economic game between citizens and governments, whose...
Persistent link: https://www.econbiz.de/10014066369
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On the dynamic effects of foreign aid on corruption
Asongu, Simplice A. - 2015
We assemble more pieces on the puzzle of the aid-corruption nexus. In essence, we extend the debate on the effect of … foreign aid on corruption by providing evidence on dynamic effects of wealth, legal origin, religious-domination, regional … on corruption is most significant in: Middle-income, French civil-law, Christian-dominated, non-oil exporting and …
Persistent link: https://www.econbiz.de/10011408498