Direkt zur Hauptnavigation springen Direkt zum Inhalt springen
info(at)avldigital.remove-this.de
Deutsch English
Letzte Suchanfragen

Ergebnisse für *

Zeige Ergebnisse 1 bis 7 von 7.

  1. The hype of social capital in the finance-growth nexus
    Autor*in: Raheem, Ibrahim D.; Ajide, Kazeem Bello; Vo Xuan Vinh
    Erschienen: [2021]
    Verlag:  African Governance and Development Institute, [Yaoundé]

    The trilogy among economic growth, social capital (SC), and financial development is exami ned based on three hypotheses: first, SC is important in the finance-growth nexus. Second, th ere is a threshold effect of SC in the finance-growth nexus.... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 524
    Fernleihe:
    keine Fernleihe

     

    The trilogy among economic growth, social capital (SC), and financial development is exami ned based on three hypotheses: first, SC is important in the finance-growth nexus. Second, th ere is a threshold effect of SC in the finance-growth nexus. Third, the SC-finance-growth tril ogy depends on the countries' income level. Building dataset for 70 countries,someinteresting results were obtained: (i) the marginal effects of both SC and finance promotes economic gro wth at higher levels; (ii)there is evidence of a threshold effect of SC, as finance enhances mor e growth when SC is below the threshold level; (iii) higher-income countries tend not to bene fit from the SC-finance-growth trilogy. These results suggest that the influence of SC on gro wth trajectory is exaggerated in the literature. The study recommends that policymakers shoul d pursue other sources of economic growth aside SC, while ensuring that the level of SC does not deteriorate.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/249061
    Schriftenreihe: AGDI working paper ; WP/21, 050
    Schlagworte: Economic growth; Financial development; Social capital; Threshold effect
    Umfang: 1 Online-Ressource (circa 29 Seiten)
  2. The journey towards dollarization
    the role of the tourism industry
    Autor*in: Raheem, Ibrahim D.; Ajide, Kazeem Bello
    Erschienen: [2021]
    Verlag:  African Governance and Development Institute, [Yaoundé]

    There has been an increasing wave of globalization since the turn of the millennium. This study focuses on two by-products of globalization: dollarization and tourism. Empirical studies have ignored the possible relationship between dollarization and... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 524
    Fernleihe:
    keine Fernleihe

     

    There has been an increasing wave of globalization since the turn of the millennium. This study focuses on two by-products of globalization: dollarization and tourism. Empirical studies have ignored the possible relationship between dollarization and tourism. However, we hypothesize that a booming tourism industry will fuel increase in the usage and circulation of foreign currencies. The objective of this study is to examine the extent to which the tourism industry exacerbates the dollarization process of selected Sub-sahara African (SSA) countries. Using Tobit regression, we found that tourism positively affects dollarization. This result is robust to: (i) alternative measures of tourism; (ii) accounting for endogeneity and outlier effects.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/244183
    Schriftenreihe: AGDI working paper ; WP/21, 008
    Schlagworte: Dollarization; Tourism; Sub-saharan Africa
    Umfang: 1 Online-Ressource (circa 13 Seiten)
  3. Dynamic heterogeneous analysis of pollution reduction in SANEM countries
    lessons from the energy-investment interaction
    Autor*in: Mesagan, Peter Ekundayo; Ajide, Kazeem Bello; Vo Xuan Vinh
    Erschienen: [2021]
    Verlag:  African Governance and Development Institute, [Yaoundé]

    This scientific enquiry examines the role of capital investment in the energy-pollution model in SANEM countries. The methodology is based on the Pooled Mean Group (PMG), which is appropriate for a heterogeneous panel. Findings reveal that energy use... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 524
    Fernleihe:
    keine Fernleihe

     

    This scientific enquiry examines the role of capital investment in the energy-pollution model in SANEM countries. The methodology is based on the Pooled Mean Group (PMG), which is appropriate for a heterogeneous panel. Findings reveal that energy use negatively impacts CO2 emissions in Algeria, South Africa, Morocco, and the panel, in the short-run; however, it positively impacts CO2pollution in Nigeria, Egypt, and the panel, in the long-run. Again, investment exerts a positive effect on CO2 in South Africa and Algeria, whereas it is negative in Nigeria, Egypt, and Morocco. Capital investment also expands short-run pollution in the panel, but it reduces long-run pollution. Lastly, the energy-investment interaction reduces the panel's CO2pollution in the short-run and long-run, as well as, in Morocco, Egypt, Nigeria, and South Africa, except in Algeria. Thus, we conclude that capital investment is crucial in the energy-pollution nexus and suggest cooperation in attracting low-carbon emitting investments to the region.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/262063
    Schriftenreihe: AGDI working paper ; WP/21, 101
    Schlagworte: Capital Investment; Carbon Emissions; Energy Use; Energy Policy; Africa
    Umfang: 1 Online-Ressource (circa 31 Seiten)
  4. Heterogeneous analysis of pollution abatement via renewable and nonrenewable energy
    lessons from investment in G20 nations
    Autor*in: Ajide, Kazeem Bello; Mesagan, Peter Ekundayo
    Erschienen: [2022]
    Verlag:  African Governance and Development Institute, [Yaoundé]

    Environmental sustainability and climatic change mitigation seem central in the fight against global warming and continuous human sustenance in the 21st century. However, non-renewable and renewable consumption energies lie at the core of these... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 524
    Fernleihe:
    keine Fernleihe

     

    Environmental sustainability and climatic change mitigation seem central in the fight against global warming and continuous human sustenance in the 21st century. However, non-renewable and renewable consumption energies lie at the core of these pollution concerns, particularly among the G20 economies that are top pollution emitters in the world. Unlike other mediators in energy-pollution nexus, capital investment has been argued to ameliorate or amplify the relationship. To this end, the study specifically sets out to unravel the mediating role of capital investment in energy-pollution link together with other pollution confounders including trade openness, foreign direct investment and energy use for G20 economies over the period 1990- 2017. Using the pooled mean group estimator, the study accounts for both cross-sectional dependence and heterogeneity among the countries. They key findings show that renewable energy to negatively impact carbon emissions in both the short- and long-run, while nonrenewable energy positively having a reverse impact. In addition, the results show that capital investment as lowering pollution in the short-run but increases it in the long-run. Lastly, on interacting capital investment with renewable energy, pollution is found to reduce to pollution in both short- and long-run, while its interaction with non-renewable energy expands pollution in both short- and long-run. On the policy front, since capital investment provides an important channel to reduce pollution in G20 nations, it is therefore recommended that if energy consumption is to work through the capital investment channel to lower pollution in the G20, the proportion of renewable energy must increase relative to non-renewable energy in their energy mix.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/262065
    Schriftenreihe: AGDI working paper ; WP/22, 017
    Schlagworte: Capital Investment; Renewable Energy; Non-renewable Energy; Carbon Emissions
    Umfang: 1 Online-Ressource (circa 28 Seiten), Illustrationen
  5. Dollarization and the "unbundling" of globalization in sub-Saharan Africa
    Autor*in: Ajide, Kazeem Bello; Raheem, Ibrahim D.; Asongu, Simplice
    Erschienen: [2018]
    Verlag:  African Governance and Development Institute, [Yaoundé]

    This study contributes to the dollarization literature by expanding its determinants to account for different dimensions of globalization, using the widely employed KOF index of globalization. Specifically, globalization is "unbundled" into three... mehr

    Zugang:
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 524
    Fernleihe:
    keine Fernleihe

     

    This study contributes to the dollarization literature by expanding its determinants to account for different dimensions of globalization, using the widely employed KOF index of globalization. Specifically, globalization is "unbundled" into three different layers namely : economic, social and political dimensions. The study focuses on 25 sub-Saharan African (SSA) countries for the period 2001-2012.Using the Tobit regression approach, the following findings are established. First, from both economic and statis tical relevance, the social and political dimensions of globalization constitute the key dollarization amplifiers, while the explanatory power of the economic component is weak er on dollarization. Second, consistent with the theoretical underpinnings, macroeconomic instabilities (such as inflation and exchange rate volatilities) have the positive expected signs. Third, the positive association between the accumulation of international reserves and dollarization is also apparent. Policy implications are discussed.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/204966
    Schriftenreihe: AGDI working paper ; WP/18, 034
    Umfang: 1 Online-Ressource (circa 26 Seiten)
  6. Ethnic diversity and inequality in sub-Saharan Africa
    do institutions reduce the noise?
    Autor*in: Ajide, Kazeem Bello; Alimi, OlorunfemiY.; Asongu, Simplice
    Erschienen: [2019]
    Verlag:  African Governance and Development Institute, [Yaoundé]

    Studies on the causes of income differences between the rich and the poor have received an extensive attention in the inequality empirics. While ethnic diversity h asalso been identified as one of the fundamental causes of income inequality, the role... mehr

    Zugang:
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 524
    Fernleihe:
    keine Fernleihe

     

    Studies on the causes of income differences between the rich and the poor have received an extensive attention in the inequality empirics. While ethnic diversity h asalso been identified as one of the fundamental causes of income inequality, the role of institutions as a mediating factor in the ethnicity-inequality nexus has not received the scholarly attention it deserves. To this end, this study complements the existing literature by investigating the extent to which institutional framework corrects the noisy influence originating from the nexus between "ethnic diversity" and inequality in 26 sub -Saharan African countries for the period 1996-2015. The empirical evidence is based on pooled OLS, fixed effects and system GMM estimators. The main findings reveal that the mediating influences of institutional settingsaredefective, thus making it extremely difficult to modulatethe noisy impacts of ethno-linguistic and religious heterogeneity on inequality. In addition, the negative influencesorchestrated by ethnolinguistic and religious diversities on inequality fail toattenuate the impact of income disparityeven when interacted with institutions. On the policy front, institutional reforms tailored toward economic, political and institutional governances should be targeted.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/204941
    Schriftenreihe: AGDI working paper ; WP/19, 018
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  7. The role of institutional infrastructures in financial inclusion-growth relations
    evidence from SSA
    Autor*in: Ajide, Kazeem Bello; Raheem, Ibrahim D.; Alimi, Olorunfemi Yasiru; Asongu, Simplice
    Erschienen: [2020]
    Verlag:  African Governance and Development Institute, [Yaoundé]

    This paper investigates the role of institutional infrastructures in the financial inclusion-growth nexus for a panel of twenty countries in sub-Sahara Africa (SSA).Employing the System Generalized Method of Moments (GMM), the following insightful... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 524
    Fernleihe:
    keine Fernleihe

     

    This paper investigates the role of institutional infrastructures in the financial inclusion-growth nexus for a panel of twenty countries in sub-Sahara Africa (SSA).Employing the System Generalized Method of Moments (GMM), the following insightful outcomes are established. First, while there is an unrestricted positive impact of physical access to ATMs and ICT measures of financial inclusion on SSA's growth but only the former was found significant. Second, the four institutional components via economic, political, institutional and general governances were also found to be growth-spurring. Lastly, countries with low levels of real per capita income are matching up with other countries with high levels of real income per capita. The empirical evidence of some negative net effects and insignificant marginal impacts are indication that imperfections in the financial markets are sometimes employed to the disadvantage of the poor. On the whole, we established positive effects on growth for the most part. The positive effects are evident because the governance indicators compliment financial inclusion in reducing pecuniary constraints hindering credit access and allocation to the poor that deteriorate growth.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/228020
    Schriftenreihe: AGDI working paper ; WP/20, 043
    Umfang: 1 Online-Ressource (circa 30 Seiten)