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African development : beyond income convergence
Asongu, Simplice A. - 2012
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 human development in 38 African countries, disaggregated into 10 … is that the income component of the human development index moves slower than others in the convergence process and thus …
Persistent link: https://www.econbiz.de/10011410273
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Relevance of Wagner's hypothesis in achieving sustainable development agenda in Nigeria
Oseni, Isiaq O.; Adekunle, Ibrahim A. - 2020
Policy ambiguity in the form of non-directional and non-purposeful use of state resources has made sustainable growth outcomes a mirage in Nigeria. Recent economic crisis prompted the debate on how increased government spending induces sustainable economic growth in Nigeria. This paper examines...
Persistent link: https://www.econbiz.de/10012165290
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Financial development and human capital thresholds for the infrastructure development-industrialization nexus in Africa
Nkemgha, Guivis Zeufack; Nchofoung, Tii Njivukuh; … - 2022
Examining the value-added link between infrastructure and industrialization is fundamental to achieving Sustainable Development Goal (SDG) 9, which consists of building resilient infrastructure, promoting inclusive and sustainable industrialization and fostering innovation. The objectives of...
Persistent link: https://www.econbiz.de/10013461773
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Trajectories of knowledge economy in SSA and MENA countries
Asongu, Simplice; Andrés, Antonio R. - 2019
In the first critical assessment of knowledge economy dynamic paths in Africa and the Middle East, but for a few exceptions, we find overwhelming support for diminishing cross-country disparities in knowledge-based economy dimensions. The paper employs all the four components of the World Bank's...
Persistent link: https://www.econbiz.de/10011997637
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Has knowledge improved economic growth? : evidence from Nigeria and South Africa
Shobande, Olatunji Abdul; Asongu, Simplice - 2021
variables. The speed of convergence of the variables to their long-term mean values is relatively higher for South Africa than …
Persistent link: https://www.econbiz.de/10012621390
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Trajectories in knowledge economy : empirics from SSA and MENA countries
Asongu, Simplice; Andrés, Antonio R. - 2015
In the first critical assessment of knowledge economy dynamic paths in Africa and the Middle East, but for a few exceptions, we find overwhelming support for diminishing cross-country disparities in knowledge-base-economy dimensions. The paper employs all the four components of the World Bank's...
Persistent link: https://www.econbiz.de/10011596861
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Revolution empirics : predicting the Arab Spring
Asongu, Simplice A.; Nwachukwu, Jacinta C. - 2014
The paper examines whether the Arab Spring phenomenon was predictable by complete elimination in the dispersion of core demands for better governance, more jobs and stable consumer prices. A methodological innovation of the Generalized Methods of Moments is employed to assess the feasibility and...
Persistent link: https://www.econbiz.de/10011409159
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The economics of growth fragility in Nigeria
Eregha, Perekunah B.; Olusegun, Vincent; Osuji, Emeka - 2019
The Nigerian economy has been structurally defective with average GDP growth rate of 2.0% trailing population growth rate at approximately 3%. A country where budgetary preparation is based on exogenous oil price for revenue and running on a rising debt profile with little or no infrastructure...
Persistent link: https://www.econbiz.de/10012102798
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The Arab Spring was predictable in 2007 : empirics of proof
Asongu, Simplice; Nwachukwu, Jacinta C. - 2017
We model core demands for better governance (political, economic and institutional), more employment and less consumer price inflation using a methodological innovation on the complete elimination of cross-country differences in signals susceptible of sparking social revolts. The empirical...
Persistent link: https://www.econbiz.de/10011794969
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The paradox of governance and natural resource rents in Sub-Saharan Africa
Asongu, Simplice; Odhiambo, Nicholas M. - 2022
In this study, nexuses between governance and natural resource rents are assessed in 44 sub-Saharan African countries using data for the period 1996-2016. The empirical evidence is based on Tobit regressions. The findings show that political governance (entailing “voice &...
Persistent link: https://www.econbiz.de/10013041366