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Displaying results 1 to 25 of 525.

  1. Revisiting the finance-inequality nexus in a panel of African countries
    Author: Meniago, Christelle; Asongu, Simplice
    Published: 2018
    Publisher:  African Governance and Development Institute, [Yaoundé]

    The study assesses the role of financial development on income inequality in a panel of 48 African countries for the period 1996 to 2014. Financial development is defined in terms of depth (money supply and liquid liabilities), efficiency (from... more

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    The study assesses the role of financial development on income inequality in a panel of 48 African countries for the period 1996 to 2014. Financial development is defined in terms of depth (money supply and liquid liabilities), efficiency (from banking and financial system perspectives), activity (at banking and financial system levels) and stability while, three indicators of inequality are used, namely, the: Gini coefficient, Atkinson index and Palma ratio. The empirical evidence is based on Generalised Method of Moments. When financial sector development indicators are used exclusively as strictly exogenous variables in the identification process, it is broadly established that with the exception of financial stability, access to credit (or financial activity) and intermediation efficiency have favourable income redistributive effects. The findings are robust to the: control for unobserved heterogeneity in terms of time effects and inclusion of time invariant variables as strictly exogenous variables in the identification process. The findings are also robust to the Kuznets hypothesis: a humped shaped nexus between increasing GDP per capita and inequality. Policy implications are discussed.

     
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    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/191337
    Series: AGDI working paper ; WP/18, 014
    Scope: 1 Online-Ressource (circa 38 Seiten)
  2. Testing the quiet life hypothesis in the African banking industry
    Author: Asongu, Simplice; Odhiambo, Nicholas M.
    Published: 2018
    Publisher:  African Governance and Development Institute, [Yaoundé]

    The Quiet Life Hypothesis (QLH) is the pursuit of less efficiency by firms. In this study, we assess if powerful banks in the African banking industry are increasing financial access. The QLH is therefore consistent with the pursuit of financial... more

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    The Quiet Life Hypothesis (QLH) is the pursuit of less efficiency by firms. In this study, we assess if powerful banks in the African banking industry are increasing financial access. The QLH is therefore consistent with the pursuit of financial intermediation inefficiency by large banks. To investigate the hypothesis, we first estimate the Lerner index. Then, using Two Stage Least Squares, we assess the effect of the Lerner index on financial access proxied by loan price and loan quantity. The empirical evidence is based on a panel of 162 banks from 42 African countries for the period 2001-2011. The findings support the QLH, although quiet life is driven by the below-median Lerner index sub-sample. Policy implications are discussed.

     
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    Language: English
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    hdl: 10419/191338
    Series: AGDI working paper ; WP/18, 015
    Scope: 1 Online-Ressource (circa 20 Seiten)
  3. This one is 400 Libyan dinars, this one is 500
    insights from cognitive human capital and slave trade
    Author: Asongu, Simplice; Kodila-Tedika, Oasis
    Published: 2018
    Publisher:  African Governance and Development Institute, [Yaoundé]

    One of the most disturbing contemporary episodes in human history that has been decried globally is the recent Libyan experience of slave trade, where migrants captured end-up being sold as slaves. We contribute to the understanding of this... more

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    One of the most disturbing contemporary episodes in human history that has been decried globally is the recent Libyan experience of slave trade, where migrants captured end-up being sold as slaves. We contribute to the understanding of this phenomenon by investigating the role of cognitive human capital in slave trade. To this end, we use the historic intelligence and slave trade variables respectively, as the independent and outcome variables of interest. Our findings show a negative relationship between slave trade and cognitive human capital. Hence, slave trade is more apparent when cognitive human capital is low. The Ordinary Least Squares findings are robust to the control for outliers, uncertainty about the model and Tobit regressions. We substantiate why from the perspective of massive sensitisation and education, the non-contemporary relationship between cognitive ability and slave trade established in this study has contemporary practical policy relevance in efforts to stem the tide of clandestine travel to Europe through countries in which clandestine migrants are captured and sold as slaves.

     
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    hdl: 10419/191339
    Series: AGDI working paper ; WP/18, 016
    Scope: 1 Online-Ressource (circa 22 Seiten), Illustrationen
  4. Environmental degradation and inclusive human development in Sub-Saharan Africa
    Author: Asongu, Simplice; Odhiambo, Nicholas M.
    Published: 2018
    Publisher:  African Governance and Development Institute, [Yaoundé]

    In the light of challenges to sustainable development in the post-2015 development agenda, this study assesses how increasing carbon dioxide (CO2) emissions affect inclusive human development in 44 countries in sub-Saharan Africa for the period... more

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    In the light of challenges to sustainable development in the post-2015 development agenda, this study assesses how increasing carbon dioxide (CO2) emissions affect inclusive human development in 44 countries in sub-Saharan Africa for the period 2000-2012. The following findings are established from Fixed Effects and Tobit regressions. First, unconditional effects and conditional impacts are respectively positive and negative from CO2 emissions per capita, CO2 emissions from liquid fuel consumption and CO2 intensity. This implies a Kuznets shaped curve because of consistent decreasing returns. Second, the corresponding net effects are consistently positive. The following findings are apparent from Generalised Method of Moments (GMM) regressions. First, unconditional effects and conditional impacts are respectively negative and positive from CO2 emissions per capita, CO2 emissions from liquid fuel consumption and CO2 intensity. This implies a U-shaped curve because of consistent increasing returns. Second, the corresponding net effects are overwhelmingly negative. Based on the robust findings and choice of best estimator, the net effect of increasing CO2 emissions on inclusive human development is negative. Policy implications are discussed.

     
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    Language: English
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    hdl: 10419/191340
    Series: AGDI working paper ; WP/18, 017
    Scope: 1 Online-Ressource (circa 22 Seiten)
  5. Introduction to special issue: mobile technologies and inclusive development in Africa
    Contributor: Asongu, Simplice (HerausgeberIn); Boateng, Agyenim (HerausgeberIn)
    Published: 2018
    Publisher:  African Governance and Development Institute, [Yaoundé]

    The primary objective of this special issue is to showcase high-quality interdisciplinary research in the field of mobile phone technology and inclusive economic development, with a view to inspire and educate readers and policy makers on the vital... more

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    The primary objective of this special issue is to showcase high-quality interdisciplinary research in the field of mobile phone technology and inclusive economic development, with a view to inspire and educate readers and policy makers on the vital role of mobile phones in economic development in Africa. We hope that the articles in this special issue will encourage academics and policy makers to carry out more research on the challenges and opportunities mobile phone technology offers in our quest to develop our communities.

     
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    Contributor: Asongu, Simplice (HerausgeberIn); Boateng, Agyenim (HerausgeberIn)
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/191341
    Series: AGDI working paper ; WP/18, 018
    Scope: 1 Online-Ressource (circa 7 Seiten)
  6. Information asymmetry, financialisation and financial access
    Author: Asongu, Simplice; Odhiambo, Nicholas M.
    Published: 2018
    Publisher:  African Governance and Development Institute, [Yaoundé]

    This study investigates whether information sharing channels that are meant to reduce information asymmetry have led to an increase in financial access. The study employs a Generalised Method of Moments technique using data from 53 African countries... more

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    This study investigates whether information sharing channels that are meant to reduce information asymmetry have led to an increase in financial access. The study employs a Generalised Method of Moments technique using data from 53 African countries during the period from 2004-2011 to examine this linkage. Information sharing channels are theoretically designed to promote the formal financial sector and discourage the informal financial sector. The study uses two information sharing channels: private credit bureaus and public credit registries. The study found that both information sharing channels have a positive and significant impact on financial access. The study also found that public credit registries complement the formal financial sector to promote financial access. The policy implications are discussed.

     
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    hdl: 10419/191342
    Series: AGDI working paper ; WP/18, 019
    Scope: 1 Online-Ressource (circa 22 Seiten)
  7. Introduction
    Author: Asongu, Simplice
    Published: 2018
    Publisher:  African Governance and Development Institute, [Yaoundé]

    Sustainable development within the investigated context includes the ability of African countries to meet the present economic, social and environmental needs without compromising the ability of future generations to meet their own needs. A... more

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    Sustainable development within the investigated context includes the ability of African countries to meet the present economic, social and environmental needs without compromising the ability of future generations to meet their own needs. A challenging contemporary policy syndrome is the lack of funding for adequate capacities and structures essential for the realisation of the post-2015 development agenda. This introductory chapter provides highlights on all chapters covered by the book in the direction of addressing the underlying policy syndrome.

     
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    Other identifier:
    hdl: 10419/191343
    Series: AGDI working paper ; WP/18, 021
    Scope: 1 Online-Ressource (circa 9 Seiten)
  8. Human development thresholds for inclusive mobile banking in developing countries
    Author: Asongu, Simplice; Odhiambo, Nicholas M.
    Published: 2018
    Publisher:  African Governance and Development Institute, [Yaoundé]

    This study assesses human development thresholds at which mobile banking mitigates poverty and inequality in 93 developing countries for the year 2011. Mobile banking entails: "mobile used to pay bills" and "mobile used to receive/send money", while... more

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    This study assesses human development thresholds at which mobile banking mitigates poverty and inequality in 93 developing countries for the year 2011. Mobile banking entails: "mobile used to pay bills" and "mobile used to receive/send money", while the modifying policy indicator is the human development index (HDI). The empirical evidence is based on interactive quantile regressions. A summary of the findings shows that with increasing human development: (i) "mobiles used to pay bills" contribute to reducing inequality in countries at the bottom and top ends of the inequality distribution, while (ii) "mobiles used to receive/send money’ have an appealing role in promoting inclusive development in all poverty distributions, with the exception of the top-end or 90th decile. The modifying thresholds of the HDI vary from 0.542 to 0.632 and 0.333 to 0.705 in inequality and poverty specifications, respectively. The relevance of the findings is discussed in light of the current transition from Millennium Development Goals to Sustainable Development Goals.

     
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    Other identifier:
    hdl: 10419/191344
    Series: AGDI working paper ; WP/18, 022
    Scope: 1 Online-Ressource (circa 26 Seiten)
  9. CO2 emission thresholds for inclusive human development in Sub-Saharan Africa
    Author: Asongu, Simplice
    Published: 2018
    Publisher:  African Governance and Development Institute, [Yaoundé]

    We provide policy-relevant critical masses beyond which, increasing CO2 emissions negatively affects inclusive human development. This study examines how increasing CO2 emissions affects inclusive human development in 44 Sub-Saharan African countries... more

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    We provide policy-relevant critical masses beyond which, increasing CO2 emissions negatively affects inclusive human development. This study examines how increasing CO2 emissions affects inclusive human development in 44 Sub-Saharan African countries for the period 2000-2012. The empirical evidence is based on Fixed Effects and Tobit regressions. In order to increase the policy relevance of this study, the dataset is decomposed into fundamental characteristics of inclusive development and environmental degradation based on income levels (Low income versus (vs.) Middle income); legal origins (English Common law vs. French Civil law); religious domination (Christianity vs. Islam); openness to sea (Landlocked vs. Coastal); resource-wealth (Oil-rich vs. Oil-poor) and political stability (Stable vs. Unstable). All computed thresholds are within policy range. Hence, above these thresholds, CO2 emissions negatively affect inclusive human development.

     
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    hdl: 10419/191345
    Series: AGDI working paper ; WP/18, 023
    Scope: 1 Online-Ressource (circa 28 Seiten)
  10. Does CSR contribute to the development of rural young people in cultural tourism of sub-Saharan Africa?
    evidence from the Niger Delta in Nigeria
    Author: Uduji, Joseph I.; Okolo-Obasi, Elda N.; Asongu, Simplice
    Published: 2018
    Publisher:  African Governance and Development Institute, [Yaoundé]

    Handicrafts are key cultural products consumed in the Nigeria’s tourism industry. Owing to low entry barriers, as handicrafts require a low level of capital investment, there is potential to develop viable linkages between tourism and local... more

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    Handicrafts are key cultural products consumed in the Nigeria’s tourism industry. Owing to low entry barriers, as handicrafts require a low level of capital investment, there is potential to develop viable linkages between tourism and local handicrafts sectors that create economic opportunities for local artisans. Thus, we assess the impact of a new corporate social responsibility (CSR) model of multinational oil companies on the development of rural young people (RYP) in cultural tourism in the Niger Delta of Nigeria. Six hundred RYP were sampled across the rural Niger Delta region. Using the logit model, results indicate that RYP have remained widely excluded from the General Memorandum of Understandings (GMoUs) interventions in cultural tourism projects due to the traditional beliefs that cultural affairs are prerogatives of elders, a caveat to the youths. This implies that if the traditions of the communities continue to hinder direct participation of the RYP from the GMoUs cultural tourism project interventions, achieving equality and cultural change would be limited in the region. The findings suggest that since handicrafts are key cultural products consumed in the tourism industry, GMoUs can play a role in helping to create an appropriate intervention structure that will be targeted towards youth empowerment in the area of traditional handicraft. This can be achieved if the Cluster Development Boards (CDBs) would focus on integrating rural young artisans into local tourism value chains and ensuring that they benefit economically from the sector. The CDBs should aim at creating space for the views of rural young indigenous people's handicrafts; emphasizing the value of indigenous knowledge, particularly on arts and crafts for tourists and expatriate in multinational corporations in Nigeria.

     
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    Other identifier:
    hdl: 10419/191346
    Series: AGDI working paper ; WP/18, 024
    Scope: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  11. An integrative framework for entrepreneurship research in Africa
    Author: Adu-Gyamfi, Richard; Kuada, John E.; Asongu, Simplice
    Published: 2018
    Publisher:  African Governance and Development Institute, [Yaoundé]

    Despite the good intentions in sub-Sahara Africa (SSA), previous policy initiatives on entrepreneurship have been disjointed, unambitious, and implemented without commitment and required resources. Furthermore, there has been limited research that... more

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    Despite the good intentions in sub-Sahara Africa (SSA), previous policy initiatives on entrepreneurship have been disjointed, unambitious, and implemented without commitment and required resources. Furthermore, there has been limited research that can provide insight into the reasons why some of the policy initiatives appear to be successful while others fail. Some scholars have suggested that without a context-specific classificatory guide, policymakers are unlikely to be accurate in their assessment of the growth capabilities of prospective candidates for specific promotion initiatives and this can explain some of the policy failures. This observation has motivated the present paper. Our aim is to provide a framework that helps identify the different contextual dimensions influencing enterprise creation processes in SSA.

     
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    hdl: 10419/191347
    Series: AGDI working paper ; WP/18, 025
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  12. The role of inclusive development and military expenditure in modulating the effect of terrorism on governance
    Author: Asongu, Simplice; Nwachukwu, Jacinta C.; Le Roux, Sara
    Published: 2018
    Publisher:  African Governance and Development Institute, [Yaoundé]

    Purpose- The study investigates the role of inclusive human development and military expenditure in modulating the effect of terrorism on governance. Design/methodology/approach- It is based on 53 African countries for the period 1998-2012 and... more

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    Purpose- The study investigates the role of inclusive human development and military expenditure in modulating the effect of terrorism on governance. Design/methodology/approach- It is based on 53 African countries for the period 1998-2012 and interactive Generalised Method of Moments is employed. Six governance indicators from the World Bank and two terrorism variables are used, namely: domestic and transnational terrorism dynamics. Findings- The following main findings are established. There is a negative net effect on governance (regulation quality and corruption-control) when inclusive human development is used to reduce terrorism. There is a positive net impact on governance ("voice and accountability" and rule of law) when military expenditure is used to reduce domestic terrorism. Originality/value- We have complemented the sparse literature on the use of policy variables to mitigate the effect of policy syndromes on macroeconomic outcomes.

     
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    Other identifier:
    hdl: 10419/191348
    Series: AGDI working paper ; WP/18, 026
    Scope: 1 Online-Ressource (circa 35 Seiten)
  13. Natural resource exports, foreign aid and terrorism
    Author: Asongu, Simplice
    Published: [2019]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    Linkages between foreign aid, terrorism and natural resource (fuel and iron ore) exports are investigated in this study. The focus is on 78 developing countries with data for the period 1984 to 2008. The generalised method of moment is employed as... more

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    Linkages between foreign aid, terrorism and natural resource (fuel and iron ore) exports are investigated in this study. The focus is on 78 developing countries with data for the period 1984 to 2008. The generalised method of moment is employed as empirical strategy. Three main foreign aid variables are used for the analysis, namely: bilateral aid, multilateral aid and total aid. The corresponding terrorism variables employed are: domestic terrorism, transnational terrorism, unclear terrorism and total terrorism. The following findings are established. First, the criteria informing the validity of specifications corresponding to iron ore exports do not hold. Second, there is evidence of convergence in fuel exports. Third, whereas the unconditional impacts of aid dynamics are not significant, the unconditional impacts of terrorism dynamics are consistently positive on fuel exports. Fourth, the interaction between terrorism and aid dynamics consistently display negative signs, with corresponding modifying aid thresholds within respective ranges. Unexpected signs are elicited and policy implications discussed. Given the unexpected results, an extended analysis is performed in which net effects are computed. These net effects are constitutive of the unconditional effect from terrorism and the conditional impacts from the interaction between foreign aid and terrorism dynamics. Based on the extended analysis, bilateral aid and total aid modulate terrorism dynamics to induce net positive effects on fuel exports while multilateral aid moderates terrorism dynamics to engender negative net effects on fuel exports. The research improves extant knowledge on nexuses between resources, terrorism and foreign aid.

     
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    hdl: 10419/204993
    Series: AGDI working paper ; WP/19, 023
    Scope: 1 Online-Ressource (circa 29 Seiten)
  14. Foreign aid, instability and governance in Africa
    Author: Asongu, Simplice; Nnanna, Joseph
    Published: [2019]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    This study contributes to the attendant literature by bundling governance dynamics and focusing on foreign aid instability instead of foreign aid. We assess the role of foreign aid instabilit y on governance dynamics in fifty three African countries... more

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    This study contributes to the attendant literature by bundling governance dynamics and focusing on foreign aid instability instead of foreign aid. We assess the role of foreign aid instabilit y on governance dynamics in fifty three African countries for the period 1996-2010. An autoregressive endogeneity-robust Generalized Method of Moments is employed. Instabilities are measured in terms of variance of the errors and standard deviations. Three main aid indicators are used, namely: total aid, aid from multilateral donors and bilateral aid. Principal Component Analysis is used to bundle governance indicators, namely: political governance (voice & accountability a nd political stability/no violence), economic governance (regulation quality and government effectiveness), institutional governance (rule of law and corruption-control) and general governance (political, economic and institutional governance). Our findings show that foreign aid instability increases governance standards, especially political and general governance. Poli cy implications are discussed.

     
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    hdl: 10419/204974
    Series: AGDI working paper ; WP/19, 022
    Scope: 1 Online-Ressource (circa 35 Seiten)
  15. Technology and persistence in global software piracy
    Author: Asongu, Simplice; Meniago, Christelle
    Published: [2018]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    This study examines the persistence of software piracy with internet penetration vis-à-vis of PC users, conditional on Intellectual Property Rights (IPRs) institutions. The empirical evidence is based on a panel of 99 countries for the period... more

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    This study examines the persistence of software piracy with internet penetration vis-à-vis of PC users, conditional on Intellectual Property Rights (IPRs) institutions. The empirical evidence is based on a panel of 99 countries for the period 1994-2010 and the Generalised Method of Moments. The main finding is that, compared to internet penetration, PC usage is more responsible for the persistence of global software piracy. Knowing how technology affects the persistence of piracy is important because it enables more targeted policy initiatives. We show that the sensitivity of software piracy to IPRs mechanisms is contingent on the specific technology channels through which the pirated software is consumed.

     
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    hdl: 10419/204975
    Series: AGDI working paper ; WP/18, 041
    Scope: 1 Online-Ressource (circa 26 Seiten)
  16. The comparative African economics of governance in fighting terrorism
    Author: Asongu, Simplice; Tchamyou, Vanessa; Asongu, Ndemaze; Tchamyou, Nina
    Published: [2018]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    This study assesses the comparative economics of governance in fighting terrorism in 53 African countries for period 1996-2012. Four terrorism variables are used, namely: domestic, transnational, unclear and total terrorism dynamics. Nine bundled and... more

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    This study assesses the comparative economics of governance in fighting terrorism in 53 African countries for period 1996-2012. Four terrorism variables are used, namely: domestic, transnational, unclear and total terrorism dynamics. Nine bundled and unbundled governance variables are employed, notably: political stability/no violence, voice & accountability, political governance, government effectiveness, regulation quality, economic governance, corruption-control, the rule of law and institutional governance. The empirical evidence is based on Fixed Effects regressions. In the analytical procedure, we first bundle governa nce indicators by means of principal component analysis before engaging the empirical exercise with the full sample. In the final step, specifications are based on a decomposed full sample in order to articulate the fundamental characteristics for comparative purposes. The following broad findings are established. First, good governance is an appealing tool in fighting terrorism. Second, the relevance of the good governance dynamics is as follows in order of increasing relevance: economic governance, institutional governance and political governance. The findings are presented in increasing order of magnitude to emphasise fundamental features in which governance dynamics have the highest effect in mitigating terrorism.

     
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    hdl: 10419/204977
    Series: AGDI working paper ; WP/18, 055
    Scope: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  17. Size, efficiency, market power, and economies of scale in the African banking sector
    Author: Asongu, Simplice; Odhiambo, Nicholas M.
    Published: [2018]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    There is a growing body of evidence that interest rate spreads in Africa are higher for big ba nks compared to small banks. One concern is that big banks might be using their market power to charge higher lending rates as they become larger, more... more

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    There is a growing body of evidence that interest rate spreads in Africa are higher for big ba nks compared to small banks. One concern is that big banks might be using their market power to charge higher lending rates as they become larger, more efficient, and unchallenged. In contra st, several studies found that when bank size increases beyond certain thresholds, diseconomies of scale are introduced that lead to inefficiency. In that case, we also would expect to see widened interest margins. This study examines the connection between bank size and efficiency to understand whether that relationship is influenced by exploitation of market power or economies of scale. Using a panel of 162 African banks for 2001 − 2011, we analyzed the empirical dat a using instrumental variables and fixed effects regressions, with overlapping and non-overlapping thresholds for bank size. We found two key results. First, bank size increases bank interest rate margins with an inverted U-shaped nexus. Second, market power and economies of scale do not increase or decrease the interest rate margins significantly. The main policy implication is that interest rate margins cannot be elucidated by either market power or economies of scale. Other implications are discussed.

     
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    Language: English
    Media type: Book
    Format: Online
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    hdl: 10419/204978
    Series: AGDI working paper ; WP/18, 056
    Scope: 1 Online-Ressource (circa 29 Seiten)
  18. Challenges of doing business in Africa
    a systematic review
    Author: Asongu, Simplice; Odhiambo, Nicholas M.
    Published: [2018]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    This paper provides a systematic review of challenges to doing business in Africa. It complements the extant literature by answering two critical questions: what are the linkages between the ease of doing business and economic development; and what... more

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    This paper provides a systematic review of challenges to doing business in Africa. It complements the extant literature by answering two critical questions: what are the linkages between the ease of doing business and economic development; and what are the challeng es to doing business in Africa? In providing answers to the se questions, the nexus between the ease of doing business and economic development is discussed in six main strands, namely: wealth creation and sharing; opportunities of employment; balanced regional and economic development; Gross Domestic Product (GDP) and GDP per capita; standards of living and exports. Moreover, challenges to doingbusiness are articulated along the following lines: (i) issues related to the cost of starting a business and doing business; (ii) shortage of energy and electricity; (iii) lack of access to finance; and (v) high taxes and low cross-border trade.

     
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    Language: English
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    Format: Online
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    hdl: 10419/204979
    Series: AGDI working paper ; WP/18, 057
    Scope: 1 Online-Ressource (circa 15 Seiten)
  19. ICT, financial access and gender inclusion in the formal economic sector
    evidence from Africa
    Author: Asongu, Simplice; Odhiambo, Nicholas M.
    Published: [2018]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    The study investigates the relevance of information and communication technology (ICT) in modulating the effect of financial access on female economic participation. Female economic participation is proxied by female labor force participation,... more

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    The study investigates the relevance of information and communication technology (ICT) in modulating the effect of financial access on female economic participation. Female economic participation is proxied by female labor force participation, financial access is measured with deposit and credit channels while ICT is proxied by mobile phone penetration, internet penetration and fixed broadband subscriptions. The focus of the study is on 48 African countries for the period 2004-2014 and the empirical evidence is based on Generalized Method of Moments. Policy thresholds are established at which, ICT modulates financial access to induce favourable effects on female economic participation. These policy thresholds are: (i) 160 mobile phone penetration (per 100 people) for the deposit channel and (ii) 2.166 and 0.75 fixed broadband subscriptions per 100 people for respectively, the deposit mechanism and credit channel. Overall the study supports the importance of ICT in moderating financial access for enhanced female economic participation.

     
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    hdl: 10419/204980
    Series: AGDI working paper ; WP/18, 058
    Scope: 1 Online-Ressource (circa 23 Seiten)
  20. How enhancing information and communication technology has affected inequality in Africa for sustainable development
    an empirical investigation
    Author: Asongu, Simplice; Odhiambo, Nicholas M.
    Published: [2018]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    This study examines if enhancing ICT reduces inequality in 48 countries in Africa for the period 2004-2014. Three inequality indictors are used, namely, the: Gini coefficient, Atkinson index and Palma ratio. The adopted ICT indicators include: mobile... more

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    This study examines if enhancing ICT reduces inequality in 48 countries in Africa for the period 2004-2014. Three inequality indictors are used, namely, the: Gini coefficient, Atkinson index and Palma ratio. The adopted ICT indicators include: mobile phone penetration, internet penetration and fixed broadband subscriptions. The empirical evidence is based on the Generalised Method of Moments. Enhancing internet penetration and fixed broadband subscriptions have a net effect on reducing the Gini coefficient and the Atkinson index, whereas increasing mobile phone penetration and internet penetration reduces the Palma ratio. Policy implications are discussed in the light of challenges to Sustainable Development Goals.

     
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    hdl: 10419/204982
    Series: AGDI working paper ; WP/18, 054
    Scope: 1 Online-Ressource (circa 22 Seiten)
  21. Tourism and social media in the world
    an empirical investigation
    Author: Asongu, Simplice; Odhiambo, Nicholas M.
    Published: [2018]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    The study examines the relationship between tourism and social media from a cross section of 138 countries with data for the year 2012.The empirical evidence is based on Ordinary Least Squares, Negative Binomial and Quantile regressions. Two main... more

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    The study examines the relationship between tourism and social media from a cross section of 138 countries with data for the year 2012.The empirical evidence is based on Ordinary Least Squares, Negative Binomial and Quantile regressions. Two main findings are established. First, there is a positive relationship between Facebook penetration and the number of tourist arrivals. Second, Facebook penetration is more relevant in promoting tourist arrivals in countries where initial levels in tourist arrivals are the highest and low. The established positive relationship can be elucidated from four principal angles: the transformation of travel research, the rise in social sharing, improvements in customer service and the reshaping of travel agencies. This study explores a new dataset on social media. There are very few empirical studies on the relevance of social media in development outcomes.

     
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    hdl: 10419/204983
    Series: AGDI working paper ; WP/18, 053
    Scope: 1 Online-Ressource (circa 17 Seiten)
  22. The long run stability of money demand in the proposed West African Monetary Union
    Author: Asongu, Simplice; Folarin, Oludele E.; Biekpe, Nicholas
    Published: [2018]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    This study examines the stability of money demand in the proposed West African Monetary Union (WAMU). The study uses annual data for the period 1981 to 2015 from thirteen of the fifteen countries making-up the Economic Community of West African... more

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    This study examines the stability of money demand in the proposed West African Monetary Union (WAMU). The study uses annual data for the period 1981 to 2015 from thirteen of the fifteen countries making-up the Economic Community of West African States (ECOWAS). A standard money demand function is designed and estimated using a bounds testing approach to co-integration and error-correction modeling. The findings show divergence across ECOWAS member states in the stability of money demand. This divergence is informed by differences in cointegration, stability, short run and long term determinants, and error correction in event of a shock.

     
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    hdl: 10419/204984
    Series: AGDI working paper ; WP/18, 052
    Scope: 1 Online-Ressource (circa 28 Seiten)
  23. Introduction
    Author: Asongu, Simplice
    Published: [2018]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    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,... more

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    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.

     
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    hdl: 10419/204985
    Series: AGDI working paper ; WP/18, 051
    Scope: 1 Online-Ressource (circa 4 Seiten)
  24. Responsible use of crop protection products and Nigeria's growth enhancement support scheme
    Author: Uduji, Joseph I.; Okolo-Obasi, Elda N.; Asongu, Simplice
    Published: [2018]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    We examine the impact of the federal government of Nigeria's (FGN) growth enhancement support scheme (GESS) on responsible use of crop protection products (CPPs) in rural Nigeria. Results from the use of logistic regressions show that GESS... more

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    We examine the impact of the federal government of Nigeria's (FGN) growth enhancement support scheme (GESS) on responsible use of crop protection products (CPPs) in rural Nigeria. Results from the use of logistic regressions show that GESS significantly impact on farmers' access to CP Ps, but does not significantly impact on farmers' knowledge and skill of CPP application, and in several cases the misuse has led to deterioration of soil fertility. Findings suggests that embracing information on recommended CPPs, dose rates, dilutions, timing, frequency of applications and precautions should form the foundation of GESS activity attributable to CPPs in sub-Saharan Africa.

     
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    Other identifier:
    hdl: 10419/204986
    Series: AGDI working paper ; WP/18, 042
    Scope: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  25. Basic formal education quality, information technology and inclusive human development in Sub-Saharan Africa
    Author: Asongu, Simplice; Odhiambo, Nicholas M.
    Published: [2018]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    This study assesses the relevance of basic formal education in information technology for inclusive human development in 49 countries in sub-Saharan Africa for the period 2000-2012. The question it aims to answer is the following: what is the... more

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    This study assesses the relevance of basic formal education in information technology for inclusive human development in 49 countries in sub-Saharan Africa for the period 2000-2012. The question it aims to answer is the following: what is the relevance of basic formal education in the effect of mobile phone penetration on inclusive human development in sub- Saharan Africa when initial levels of inclusive human development are taken into account? The empirical evidence is based on instrumental quantile regressions. Poor primary education dampens the positive effect of mobile phone penetration on inclusive human development. This main finding should be understood in the perspective that, the education quality indicator represents a policy syndrome because of the way it is computed, notably: the ratio of pupils to teachers. Hence, an increasing ratio indicates decreasing quality of education. It follows that decreasing quality of education dampens the positive effect of mobile phone on inclusive development. This tendency is consistent throughout the conditional distribution of inclusive human development. Policy implications for sustainable development are discussed.

     
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    Other identifier:
    hdl: 10419/204987
    Series: AGDI working paper ; WP/18, 043
    Scope: 1 Online-Ressource (circa 21 Seiten)