Showing 1 - 9 of 9
the World Bank’s four knowledge economy index (KEI) are employed. Three hypotheses based on seven propositions are tested …
Persistent link: https://www.econbiz.de/10011258952
In examining some big questions on African development, we provide evidence that dynamics of some development indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates convergence in real per capita GDP and inequality adjusted...
Persistent link: https://www.econbiz.de/10009422021
This paper dissects with great acuteness, the issues of convergence in financial performance dynamics in the African continent through the lenses of stock market capitalization, value traded, turnover and number of listed companies. The empirical evidence is premised on 11 homogenous panels...
Persistent link: https://www.econbiz.de/10009422010
The business of this study is to investigate what role openness play in bank efficiency with respect to income levels … bank efficiency in low income countries; justifying the absence of a banking comparative advantage in said countries and …
Persistent link: https://www.econbiz.de/10008742998
using the four variables identified under the World Bank’s knowledge economy index (KEI) and seven financial intermediary … dynamics of depth, efficiency, activity and size. Three main findings are established: (1) education increases financial … of efficiency and activity (financial dynamics of depth and size) and; (3) ICT and FDI both improve financial depth and …
Persistent link: https://www.econbiz.de/10011260471
propositions are tested using a plethora of endogeneity-robust and HAC standard errors estimation techniques. Findings: The …
Persistent link: https://www.econbiz.de/10011108625
In the first empirical assessment of the incidence of mobile banking on financial intermediary development in Africa, we use two definitions of the financial system: the traditional IFS (2008) and Asongu (2011) measures of financial sector importance. When the conception of a financial system is...
Persistent link: https://www.econbiz.de/10011109427
In the first macroeconomic empirical assessment of the relationship between mobile phones and finance, this paper examines the correlations between mobile phone penetration and financial development using two conflicting definitions of the financial system in the financial development...
Persistent link: https://www.econbiz.de/10011110401
This paper introduces previously missing financial components(efficiency, activity and size) in the assessment of the … mainstream literature, financial efficiency appears to impact investment more than financial depth. Four policy implications … leads more to investment flows than the other way round; (3) financial allocation efficiency is more relevant as means to …
Persistent link: https://www.econbiz.de/10011110799