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Industrialisation, finance, and urbanisation in Africa

Adeniyi, Oluwatosin A.; Folarin, Oludele - 2023

This study investigated two key questions: what is the impact of industrialisation on urbanisation in Africa? and to what extent does financial development affect this industrialisation- urbanisation nexus? To elicit answers to these questions, data from thirty-three (33) African countries over...

Persistent link: https://www.econbiz.de/10014416025

Electricity consumption, urbanization and economic growth in Nigeria : new insights from combined cointegration amidst structural breaks

Nathaniel, Solomon P.; Bekun, Festus Victor - 2020

The study explores the link between electricity consumption, urbanization and economic growth in Nigeria from 1971 … consumption increases economic growth in both time periods, while the impact of urbanization appears to inhibit growth. The fully … supply, curb rapid urbanization and promote sustainable economic growth were suggested. …

Persistent link: https://www.econbiz.de/10012171580

Does economic growth, international trade and urbanization uphold environmental sustainability in sub-Saharan Africa? : insights from quantile and causality procedures

Iheonu, Chimere Okechukwu; Anyanwu, Ogochukwu C.; Odo, … - 2021

International trade and urbanization are increasing at an unprecedented rate in sub-Saharan Africa (SSA). The region … study investigates the influence of economic growth, international trade, and urbanization on CO2 emissions in SSA. The … impact on CO2 emissions at the median. Further findings suggest that urbanization increases CO2 emissions across the observed …

Persistent link: https://www.econbiz.de/10012416517

The criticality of growth, urbanization, electricity and fossil fuel consumption to environment sustainability in Africa

Asongu, Simplice; Agboola, Mary Oluwatoyin; Alola, … - 2019

growth, urbanization, electricity consumption, fossil fuel energy consumption, and total natural resources rent on pollutant … ARDL-PMG results suggest a statistical positive relationship between pollutant emissions and urbanization, electricity …

Persistent link: https://www.econbiz.de/10012137665

Trivariate modelling of the nexus between electricity consumption, urbanization and economic growth in Nigeria : fresh insights from Maki cointegration and causality tests

Hamisu Sadi Ali; Nathaniel, Solomon P.; Uzuner, Gizem; … - 2020

In this era of intensive electricity utilization for economic development, the role of urbanization remains … in a trivariate framework by incorporating urbanization as an additional variable. Using the recent novel Maki …) consumption. A unidirectional causality from urbanization to electricity consumption and economic growth was found but the long …

Persistent link: https://www.econbiz.de/10012171561

Diaspora remittance inflow, financial development and the industrialisation of Africa

Efobi, Uchenna Rapuluchukwu; Asongu, Simplice; Okafor, … - 2016

The paper assesses how remittances directly and indirectly affect industrialisation in a panel of 49 African countries for the period 1980-2014. The indirect impact is assessed through financial development channels. The empirical evidence is based on three interactive and non-interactive...

Persistent link: https://www.econbiz.de/10011542423

Remittances, finance and industrialisation in Africa

Efobi, Uchenna Rapuluchukwu; Asongu, Simplice; Okafor, … - 2019

The paper assesses how remittances directly and indirectly affect industrialisation us ing a panel of 49 African countries for the period 1980-2014. The indirect impact is assessed through financial development channels. The empirical evidence is based on three interactive and non-interactive...

Persistent link: https://www.econbiz.de/10011998019

Remittances, the diffusion of information and industrialisation in Africa

Asongu, Simplice; Odhiambo, Nicholas M. - 2019

This study examines the role of information and communication technology (ICT) on remittances for industrialisation in a panel of 49 African countries for the period 1980-2014. The empirical evidence is based on three simultaneity-robust estimation techniques, namely: (i) Instrumental Fixed...

Persistent link: https://www.econbiz.de/10012002838

The political implication of women and industrialisation in Africa

Nchofoung, Tii Njivukuh; Asongu, Simplice; Tchamyou, Vanessa - 2021

This study examines the effect of political implications of women on industrialisation in Africa. The results after controlling for cross-sectional dependency show that women political implication Granger causes industrialisation in Africa. Besides, the Fixed effect Driscoll/Kraay standard error...

Persistent link: https://www.econbiz.de/10012663327

Industrial growth in Sub-Saharan Africa : evidence from machine learning with insights from nightlight satellite images

Otchia, Christian Samen; Asongu, Simplice - 2019

This study uses nightlight time data and machine learning techniques to predict industrial development in Africa. The results provide the first evidence on how machine learning techniques and nightlight data can be used to predict economic development in places where subnational data are missing...

Persistent link: https://www.econbiz.de/10012052994