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Does infrastructural absorptive capacity stimulate FDI-growth nexus in ECOWAS?

Ogundipe, Adeyemi A.; Oye, Queen Esther; Ogundipe, … - In: Cogent economics & finance 8 (2020) 1, pp. 1-19

The study assesses the relevance of infrastructural absorptive capacity in the foreign direct investment (FDI)-growth argument in ECOWAS. Though foreign aid has received a vast attention in the literature, however, an assessment of how the infrastructural readiness of the host economies drives...

Persistent link: https://www.econbiz.de/10012215181

Inflation and infrastructure sector returns in emerging markets : panel ARDL approach

Magweva, Rabson; Sibanda, Mabutho - In: Cogent economics & finance 8 (2020) 1, pp. 1-17

This study evaluated the relationship between inflation and infrastructure sector stock returns in emerging markets in the long and short run. It employed a panel autoregressive distributed lag (PARDL) model applying the mean group (MG), pooled mean group (PMG) and dynamic fixed effects (DFE)...

Persistent link: https://www.econbiz.de/10012219374

Are structural policies in countries bordering mediterranean appropriate to economic convergence : Panel ARDL application

Bardi, Wajdi; Ayouni, Saif Eddine; Hamdaoui, Mekki - In: Cogent economics & finance 7 (2019) 1, pp. 1-20

economic growth accounting for possible convergence. For this purpose, we are based on a sample of eight countries bordering … the stationary series problem of different orders to monitor possible convergence in the long-run horizon. This method … links between candidate variables and the trend of convergence in terms of per capita GDP. Our empirical results support …

Persistent link: https://www.econbiz.de/10012132656

Panel estimating effects of macroeconomic determinants on inflation : evidence of Western Balkan

Durguti, Esat Ali; Tmava, Qazim; Demiri-Kunoviku, Filloreta - In: Cogent economics & finance 9 (2021) 1, pp. 1-13

This study analyzes the relationship between macroeconomic variables that influence inflation. Through our research, we will analyze the influence of GDP growth, remittances, level of exports, level of imports, and foreign direct investments on the inflation rate for the Western Balkan. The...

Persistent link: https://www.econbiz.de/10013184108

Convergence or divergence patterns in income distribution across countries : a new evidence from a club clustering algorithm

Espoir, Delphin Kamanda - In: Cogent economics & finance 10 (2022) 1, pp. 1-32

neoclassical models of convergence that predict that, in the long-run, income distribution will tend to converge across countries …. In this study, I examined whether there has been convergence in inequality between 2000 and 2015. To this end, I … constructed a large panel of Gini indices of 142 countries and tested for the existence of convergence clubs using the econometric …

Persistent link: https://www.econbiz.de/10013462042

Fiscal sustainability in the presence of structural breaks : does overconfidence on resource exports hurt government's ability to finance debt? ; evidence from Nigeria

Alhaji Jibrilla, Aliyu - In: Cogent economics & finance 4 (2016) 1, pp. 1-27

The sustainability of the Nigerian fiscal deficit along with the role of the dynamics of government revenues and spending in adjusting the size of the deficit is examined using annual data from 1961 to 2014. After allowing for structural breaks, the study finds evidence of a cointegration...

Persistent link: https://www.econbiz.de/10011487675

Public debt and economic growth in sub-Saharan Africa : nonlinearity and threshold effects

Okwoche, Princewill U.; Makanza, Christine S. - In: Cogent economics & finance 11 (2023) 2, pp. 1-24

Most studies on the effects of debt on growth, particularly following the global financial crisis, have focused mainly on the advanced and emerging countries. Our focus on sub-Saharan Africa (SSA) derives from the recent experience of slow growth at a time of rising debt in the sub-region. This...

Persistent link: https://www.econbiz.de/10014502811

Impact of government expenditure on economic growth in different states in South Africa

Buthelezi, Eugene Msizi - In: Cogent economics & finance 11 (2023) 1, pp. 1-17

This paper investigates the impact of long-run government expenditure and economic growth in different states in South Africa. Economic growth has been below the policy target of 5% stipulated in the National Development Plan Vision 2030, while government expenditure growth has been volatile but...

Persistent link: https://www.econbiz.de/10014500814

On the relation between government expenditure and revenue in South Africa : an empirical investigation in a nonlinear framework

Sanusi, Kazeem Abimbola - In: Cogent economics & finance 8 (2020) 1, pp. 1-21

The study explores the nonlinear linkage between government expenditure and government revenue using quarterly data from the first quarter of 1965 to the second quarter of 2019. Linear models are first deployed to determine the order of integration of the variables, cointegration, granger...

Persistent link: https://www.econbiz.de/10013179514

Does the shadow economy increase income inequality in the short- and long-run? : empirical evidence from Uganda

Esaku, Stephen - In: Cogent economics & finance 9 (2021) 1, pp. 1-20

This paper investigates whether the size of the shadow economy increases income inequality in Uganda. This paper applies the autoregressive distributed lag (ARDL) bounds testing approach to cointegration, to test the long- and short-run relationship between the shadow economy and income...

Persistent link: https://www.econbiz.de/10013183865