Showing 1 - 10 of 56
This paper proposes and empirically validates four theories of why legal origin influences growth and welfare through finance. It is a natural extension of "Law and finance: why does legal origin matter?" by Thorsten Beck, Asli Demirgüç-Kunt and Ross Levine (2003). We find only partial support...
Persistent link: https://www.econbiz.de/10011390770
This paper assesses how legal origin influences financial development through regulation quality and the rule of law. It employs all the dimensions identified by the Financial Development and Structure Database of the World Bank. The law channels are instrumented with legal origins to account...
Persistent link: https://www.econbiz.de/10011390772
Poverty and inequality represent major policy syndromes that are relevant in the achievement of most United Nations' sustainable development goals (SDGs) in sub-Saharan Africa, while economic growth is also essential for the achievement of attendant SDGs. The present study extends existing...
Persistent link: https://www.econbiz.de/10014549258
The present study investigates the nexus between health performance dynamics and economic growth in 43 countries in sub-Saharan Africa for the period 2004-2018. Four health performance dynamics are used, notably: total life expectancy, male life expectancy, female life expectancy and risk of...
Persistent link: https://www.econbiz.de/10014549343
This study assesses the nexus between bribery and poverty, contingent on the macroeconomic environment within the remit of inflation in Africa. The Afrobarometer survey is used. Our data cover 38 countries consisting of three rounds of survey and a sample of 151,345 individuals. The empirical...
Persistent link: https://www.econbiz.de/10014549377
This paper cuts adrift the mainstream approach to the legal-origins debate on the law-growth nexus by integrating both overall economic and human components in our understanding of how regulation quality and the rule of law lie at the heart of economic and inequality adjusted human developments....
Persistent link: https://www.econbiz.de/10011390773
This paper assesses if legal origin explains domestic, foreign, private and public investments through financial intermediary channels of depth, efficiency, activity and size. The findings show that legal origin matters in the finance-investment nexus, though its ability to explain aggregate...
Persistent link: https://www.econbiz.de/10011390776
Contrary to mainstream consensus on the dominance of English common law countries in investment prospects, this paper sets a new tone in the legal origins debate by providing empirical validity on the dominance of French civil-law countries in private investment. The assessment is based on 38...
Persistent link: https://www.econbiz.de/10011390777
Motivated by a recent World Bank report on achieving of Millennium Development Goals which shows that poverty has been declining in all regions of the world with the exception of sub-Saharan Africa (SSA), this study puts some empirical structure to theoretical and qualitative studies on the...
Persistent link: https://www.econbiz.de/10011956960
This special section aims to advance scholarship on well-being and happiness in Africa. The section covers theoretical, conceptual and empirical contributions which address relevant areas that enhance extant knowledge on linkages between poverty, happiness and well-being in Africa.
Persistent link: https://www.econbiz.de/10012112183