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needed. This paper focuses on transport infrastructure in Africa. The effects of better and longer roads are investigated in …Investment in infrastructure is considered as a crucial prerequisite for economic development. Given the scarce … resources for public investment in developing countries a detailed perspective on the effects of each form of infrastructure is …
Persistent link: https://www.econbiz.de/10010301547
investments in improved road infrastructure have the potential to significantly reduce transport costs. However, this result can …. Very high corruption has the potential to prevent positive effects from road infrastructure on transport costs or to even … reverse them. This paper contributes to the literature on infrastructure investment by introducing and applying an …
Persistent link: https://www.econbiz.de/10010310639
We show with the aid of pooled OLS estimations that investments in improved road infrastructure have the potential to … roads on transport costs or to even reverse them. This paper contributes to the literature on infrastructure investment by … sectoral differences concerning the impact of roads on transport costs. We conclude that investment in transport infrastructure …
Persistent link: https://www.econbiz.de/10010311671
Recently, there has been a growing interest in newly developed econometric tools to conduct counterfactual analysis when a treated unit experiences a policy intervention, and an artificial control group has to be constructed. Adopting novel penalized synthetic control methods, we quantify the...
Persistent link: https://www.econbiz.de/10014377531
This study investigates how governance and infrastructure modulate the effect of natural resource rents on economic … infrastructure threshold of 2.583 indicating that countries with governance and infrastructure level higher than these values tend to … infrastructure), the established thresholds are low and situated between the 5 th and the 10th percentiles. Countries identified …
Persistent link: https://www.econbiz.de/10014278350
This study investigates how governance and infrastructure moderate the effect of natural resource rents on economic … governance threshold of -1.210 and an infrastructure threshold of 2.583, indicating that countries with governance and … infrastructure levels higher than these values tend to benefit much more from the wealth of natural resources. With high levels of …
Persistent link: https://www.econbiz.de/10015070278
FDI to foster inclusive green growth (IGG) in Africa. Also, little has been done to show the IGG gains from improving EE … and FDI in fostering IGG in Africa by using macrodata for 23 countries from 2000 to 2020. According to our findings, which … are based on dynamic GMM estimator, FDI hampers IGG in Africa, while EE fosters IGG. Notably, in the presence of EE, the …
Persistent link: https://www.econbiz.de/10013442765
African countries are negotiating the African Continental Free Trade Area with the aim to spearhead global value chain (GVC) trade among African countries as a driver for robust economic growth. This paper evaluates the participation of Sub-Saharan African Regional Economic Communities (RECs) in...
Persistent link: https://www.econbiz.de/10013470701
. Robust evidence from the dynamic GMM estimator shows that: (i) remittances heighten income inequality in Africa, (ii) Africa …-à-vis financial access and depth, inefficiencies characterising Africa's financial institution is the main reason remittances … shows that channelling efforts into the development of Africa's financial sector could yield shared income distribution …
Persistent link: https://www.econbiz.de/10014278375
remittances are not statistically significant in promoting inclusive growth in Africa. Notably, across the economic growth and …, they deepen the latter. Second, we find that Africa's underdeveloped financial sector dampens the marginal positive effect … with complementary policies to foster inclusive growth in Africa, a minimum threshold of 14.5% is required. We conclude by …
Persistent link: https://www.econbiz.de/10014549359