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Results 1-10 of 96 (Search time: 0.003 seconds).
Capital Flows and Economic Growth in Ghana
Journal article, Created By Klobodu, Edem Kwame Mensah and Published By Taylor & Francis Group in English language
The study examines the differential effects of capital flows on economic growth in Ghana over the period 1970-2014 using autoregressive distributed lag (ARDL). Breakpoint unit root tests are employed to cater for structural change and breaks in time series. Afterwards, these break dates are fed into the ADRL model as dummy variables to allow for the computation of a more robust cointegrating vector. The findings indicate that in both the short and long run capital flows (i.e. FDI, aid, and external debt) have negative effects on economic growth. H...
Does Permanent Income Hypothesis Hold for Some Selected African Countries? Empirical Evidence
Journal article, Created By Nwala, Kingsley and Published By Adonis & Abbey in English language
This paper empirically examines the validity of the Permanent Income Hypothesis for six developing African countries: Cameroon, Ghana, Kenya, Nigeria, Senegal, and South Africa. The study uses the modified Dickey-Fuller unit root (GLS) test to determine stationarity of real income and consumption. It also applies Gregory and Hansen (1996) test for cointegration, and Phillips and Hansen (1990) fully modified OLS (FMOLS) procedure for the estimation of their long-run relationship. The results show that the Permanent Income Hypothesis holds in five of the six countries. ...
Dependency redux: why Africa is not rising
Journal article, Created By Taylor, Ian and Published By Taylor & Francis Group in English language
Alors que de nombreux récits affirment que le continent est en croissance, tiré par des taux de croissance élevés ainsi qu'une gouvernance et des politiques économiques supposées plus efficaces, la position de dépendance de l'Afrique vis-à-vis de l’économie mondiale est réifiée. Cet article tente d'analyser les dynamiques qui accompagnent une « croissance » notionnelle de l'Afrique mais qui poussent en fait le continent vers plus de sous-développement et de dépendance. Ceci remet en question les récits superficiels d'un continent en mouvement ou qui dé...
Do we understand the linkages between economic growth, poverty targets and poverty reduction?
Journal article, Created By Casse, Thorkil; Jensen, Stig and Published By Taylor & Francis Group in English language
This article contributes to the debate on poverty trends in Africa, looking at the argument for a correspondence between economic growth and poverty reduction. It questions whether a link between economic growth and poverty reduction can be established. First there is a look at the general picture in Africa and no convincing evidence of this link is found, before the article turns to two countries, Burkina Faso and Madagascar, which on the surface seem to exemplify the link. However, in Burkina Faso the link exists only in a limited way ...
Determinants of income poverty in rural Kenya: an empirical analysis
Journal article, Created By Onyeiwu, Steve and Published By Inderscience in English language
Growth and development aid have proved to be insufficient for alleviating rural poverty in Africa. Thus, efforts should be directed toward enhancing the capacities of rural households to efficiently utilise their productive assets, human capital and land in order to alleviate poverty. This paper uses socio–economic survey data and panel regressions to explore the determinants of income and poverty in rural Kenya. Results from the regression reveal that household size has a significantly large and negative effect on income. Land ownership, as well as the value&#x...
Decoupled Implementation of New-Wave Land Reforms: Decentralisation and Local Governance of Land in Tanzania
Journal article, Created By Pedersen, Rasmus Hundsbæk and Published By Taylor & Francis Group in English language
Decentralisation is a key element in the new wave of land reforms that have been introduced in sub-Saharan Africa. However, not much research has been carried out into their implementation at the local level. Consequently, reforms are described in old-fashioned terms. Through comparative case studies in Tanzania, this article unpacks implementation as a process consisting of multiple administrative layers and potential actors. It concludes that implementation is slow and uneven due to the decoupling of layers within the formal land administration. Greater attention should...
Dynamics of Algeria's international reserves
Journal article, Created By Kashif, Mohammad and Published By Emerald Publishing Limited in English language
The purpose of this paper is to explore the determinants of international reserves in Algeria using economic growth and real effective exchange rate variables. The paper used quarterly data from 1985Q1 to 2014Q4.
Dépenses publiques, corruption et croissance économique dans les pays de l'Union économique et monétaire Ouest-africaine (UEMOA): Une analyse de la causalité au sens de Granger
Journal article, Created By Ouattara, Wautabouna and Published By African Union (AU) in English language
La présente étude a pour objectif d'analyser la relation de causalité au sens de Granger entre les dépenses publiques, la corruption et la croissance économique et de déterminer ses implications en terme de politiques économiques. Cette analyse s'est faite sur la base des test de stationnarité et de causalité à la Granger à partir des données statistiques des huit pays membres de l'Union économique et monétaire ouest africaine. Il ressort des résultats de l'étude qu'il existe une relation de long terme entre les variables. En outre, le&#...
Does institutional quality matter in foreign direct investment?: Evidence from Sub-Saharan African countries
Journal article, Created By Nondo, Chali and Published By Inderscience in English language
Using fixed effects estimation techniques, this study seeks to explain the impact of institutional quality on foreign direct investment (FDI) inflows to 45 SSA countries over the period 1996-2007. Our results show that there is no statistically significant relationship between institutional quality and FDI inflows to SSA countries. Thus, this study contradicts previous studies that have found a statistically significant association between institutional quality and FDI inflow to African countries. These results do not come as a surprise given that many SSA countries score...
Exploring sectoral elasticity vis–à–vis per worker income with a focus to agriculture: a study of Sub–Saharan Africa
Journal article, Created By Kumar, Ronald Ravinesh and Published By Inderscience in English language
In this study, we explore the contribution from sectoral share towards per worker income in the Sub-Saharan Africa (SSA) region over the years, 1980 to 2009. Within the last three decades, agriculture and services did not contribute positively towards growth in per worker income. Manufacturing sector on the other hand, had a transcending effect with a positive contributory power (0.31%) towards the long-run growth and sustainability of the region. Therefore, ‘targeted sub-sectoral’ policy reforms to strengthen backward-forward integration of agriculture and services sectors&#x...