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Economic Implications of Business Dynamics for KE-Associated Economic Growth and Inclusive Development in African Countries

Asongu, Simplice; Amavilah, Voxi; Andrés, Antonio - African Governance and Development Institute (AGDI) - 2014

This paper develops an empirically-relevant framework (a) to examine whether or not the African business environment hinders or promotes the knowledge economy (KE), (b) to determine how the KE which emerges from such an environment affects economic growth, and (c) how growth in turn relates to...

Persistent link: https://www.econbiz.de/10011098704

Globalization, Financial Development and Regional Economic Dynamics: asymmetric panel evidence from Africa

Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2011

This paper examines how regionalization in the face of globalization has affected financial development in the context …/projects with deposits; (3) increase in welfare has positively affected the intermediary role of banks; (4) globalization tends to …

Persistent link: https://www.econbiz.de/10010862103

Globalization, (fighting) corruption and development: how are these phenomena linearly and nonlinearly related in wealth effects?

Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2012

Purpose – Is globalization instrumental in fighting corruption? Do wealth effects matter in this fight? Are findings … standpoints. In the analysis, while the economic and social dimensions of globalization are reflected in the HDI, the political … dimension is captured by good governance indicators. A TSLS-IV estimation technique is applied where-in globalization …

Persistent link: https://www.econbiz.de/10010696010

Revolution empirics: predicting the Arab Spring

Asongu, Simplice; Nwachukwu, Jacinta C. - African Governance and Development Institute (AGDI) - 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/10011118306

State fragility, rent seeking and lobbying: evidence from African data

Asongu, Asongu Simplice; Kodila-Tedika, Oasis - African Governance and Development Institute (AGDI) - 2013

This paper assesses the determinants of state fragility in sub-Saharan Africa using hitherto unexplored variables in the literature. The previously missing dimension of nation building is integrated and the hypothesis of state fragility being a function of rent seeking and/or lobbying by de...

Persistent link: https://www.econbiz.de/10010693284

African Development: Beyond Income Convergence

Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2012

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/10010695998

Foreign Direct Investment, Aid and Terrorism: Empirical Insight Conditioned on Corruption Control

EFOBI, Uchenna; ASONGU, Simplice; BEECROFT, Ibukun - African Governance and Development Institute (AGDI) - 2015

This study checks the effect of foreign aid on terrorism and FDI, conditioned on domestic levels of corruption-control (CC). The empirical evidence is based on a sample of 78 countries for the period 1984-2008. The following findings are established: the negative effect of terrorism on FDI is...

Persistent link: https://www.econbiz.de/10011212529

Foreign Aid and Corruption: Clarifying Murky Empirical Conclusions

EFOBI, Uchenna; BEECROFT, Ibukun; ASONGU, Simplice - African Governance and Development Institute (AGDI) - 2014

This note reconciles an on-going debate on the effect of foreign aid on corruption by introducing a previously missing heterogeneity dimension of aid. The relationship was estimated using dynamic system GMM and quantile regressions (QR). Results show that both narratives in the debate are...

Persistent link: https://www.econbiz.de/10011098706

The Role of Lifelong Learning in Political Stability and Non-violence: Evidence from Africa

Asongu, Simplice; Nwachukwu, Jacinta - African Governance and Development Institute (AGDI) - 2014

Purpose – Education as a weapon in the fight against conflict and violence remains widely debated in policy and academic circles. Against the background of growing political instability in Africa and the central role of the knowledge economy in 21st century development, this paper provides...

Persistent link: https://www.econbiz.de/10011103381

A brief clarification to the questionable economics of foreign aid for inclusive human development

Asongu, Simplice - African Governance and Development Institute (AGDI) - 2014

The study clarifies the questionable economics of foreign aid for inclusive human development. It investigates the effect of a plethora of foreign aid dynamics on the inequality adjusted human development index. Contemporary and non-contemporary OLS, Fixed-effects and a system GMM technique with...

Persistent link: https://www.econbiz.de/10011103383