The paper estimate an augmented endogenous economic growth model to investigates the extent to which capital flight affects the impact of external debt on economic growth in selected sub-Saharan African countries. The estimations was done with the aid of a dynamic system generalized method of...

This paper examines the role of seaport efficiency in the relationship between trade and welfare outcomes in Africa. Data on 28 African countries for the period 2006 to 2018 is employed while the system generalized method of moments estimation technique is used for the empirical analysis. The...

The impact of trade openness, foreign aid and democracy on government expenditure in developing countries has been emphasized in the literature in recent decades. Nonetheless, most recent studies of Wagner’s law have often neglected the increasing role played by these policy variables. This...

Economic theory predicts a growth enhancing activities of various core functions of government. Nonetheless, government spending in non-democratic countries often goes beyond these core functions, namely into rent-seeking and non-productive activities. This paper employs the Autoregressive...