@unpublished{Asongu,2018,
title = {Foreign aid and sustainable inclusive human development in Africa},
author = {Simplice A. Asongu, Joseph Nnanna},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Foreign-aid-and-sustainable-inclusive-human-development-in-Africa.pdf},
year = {2018},
date = {2018-11-06},
abstract = {Motivated by evidence that extreme poverty has been decreasing in all regions of the world with the exception of Africa, the study contributes to the literature on reinventing foreign aid by assessing if development assistance can sustain inclusive human development. The empirical evidence is based on 53 African countries with data for the period 2005-2012 and Generalised Method of Moments. The adopted foreign aid variables include: aid for social infrastructure, aid for economic infrastructure, aid to the productive sector, aid to the multi sector, programme assistance, action on debt and humanitarian assistance. The results reveal that whereas foreign aid improves inclusive human development in the short-run, it decreases it in the long term. Policy implications are discussed with particular emphasis on reinventing foreign aid for sustainable development in the post-2015 development agenda.},
keywords = {Foreign Aid; Sustainable Development; Africa},
pubstate = {published},
tppubtype = {unpublished}
}

@unpublished{Asongu,2018,
title = {Foreign Aid, Terrorism and Growth: Conditional Evidence from Quantile Regression},
author = {Simplice A. Asongu, Jacinta Nwachukwu, Nicholas Biekpe},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Foreign-Aid-Terrorism-and-Growth-Conditional-Evidence.pdf},
year = {2018},
date = {2018-11-06},
abstract = {In this study, we investigate the role of development assistance in reducing a hypothetically negative impact of terrorism on economic growth, using a panel of 78 developing nations with data for the period 1984-2008. The empirical evidence is based on interactive Quantile regressions. Domestic, transnational, unclear and total terrorism dynamics are employed while development assistance measurements comprised: bilateral and multilateral aid variables. With regard to the investigated hypothesis, we consistently confirm that: (i) In quantiles where terrorism is found to increase (decrease) economic growth, its interaction with foreign aid decreases (increases) economic growth. (ii) Comparing thresholds of the modifying aid variables for which the hypothesis is either rejected or accepted reveals that higher levels of multilateral (bilateral) aid are needed to reverse the negative effect of total (unclear) terrorism on growth, than the quantity needed to reverse the positive impact of transnational (domestic and total) terrorism(s) on growth. (iii) There is scant evidence of positive net effects. Overall the findings broadly indicate that foreign aid is a necessary but not a sufficient policy tool for completely dampening the effects of terrorism on economic growth.},
keywords = {Economic Growth; Foreign aid; Terrorism; Quantile regression},
pubstate = {published},
tppubtype = {unpublished}
}

@unpublished{Asongu,2018,
title = {Contemporary Drivers of Global Tourism: Evidence from Terrorism and Peace Factors},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Contemporary-Drivers-of-Global-Tourism-Terrorism-and-Peace-factors.pdf},
year = {2018},
date = {2018-11-06},
abstract = {This study examines the effect of terrorism and peace on tourist destination arrivals using a panel of 163 countries with data for the period 2010 to 2015. The empirical evidence is based on Generalised Method of Moments and Negative Binomial (NB) regressions. Our best estimators are from NB regressions from which the following main findings are established. First, political instability, violent demonstrations and number of homicides negatively affect tourist arrivals while the number of incarcerations positively influences the outcome variable. Second the effects from military expenditure, “armed service personnel” and “security officers and polices” are not positively significant. Managerial implications are discussed.},
keywords = {Terrorism; Peace; Tourism},
pubstate = {published},
tppubtype = {unpublished}
}

@unpublished{Asongu,2018,
title = {Basic Formal Education Quality, Information Technology and Inclusive Human Development in Sub-Saharan Africa},
author = {Simplice A. Asongu, Nicholas M. Odhiambo},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Basic-Formal-Education-Quality-Information-Technology-and-Inclusive-Human-Development.pdf},
year = {2018},
date = {2018-11-05},
abstract = {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. },
keywords = {Quality education; Mobile phones; Inclusive human development},
pubstate = {published},
tppubtype = {unpublished}
}

@unpublished{Asongu,2018,
title = {Technology and persistence in global software piracy},
author = {Simplice A. Asongu, Christelle Meniago },
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Technology-and-persistence-of-global-software-piracy.pdf},
year = {2018},
date = {2018-11-02},
abstract = {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.},
keywords = {Piracy; Business Software; Software piracy},
pubstate = {published},
tppubtype = {unpublished}
}

@unpublished{Asongu,2018,
title = {Responsible use of crop protection products and Nigeria’s growth enhancement support scheme},
author = {Joseph I. Uduji, Elda N. Okolo-Obasi, Simplice A. Asongu},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Responsible-use-of-crop-protection-products-and-Nigeria-GESS.pdf},
year = {2018},
date = {2018-11-02},
abstract = {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 CPPs, 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.},
keywords = {Growth enhancement support scheme; crop protection},
pubstate = {published},
tppubtype = {unpublished}
}

@unpublished{Asongu,2018,
title = {Recent finance advances in information technology for inclusive development: a systematic review},
author = {Simplice A. Asongu, Jacinta C. Nwachukwu },
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Systematic-review.Recent-finance-advances-in-IT-for-inclusive-dev..pdf},
year = {2018},
date = {2018-11-01},
abstract = {The overarching question tackled in this paper is: to what degree has financial development contributed to providing opportunities of human development for those on low-incomes and by what information technology mechanisms? We systematically review about 180 recently published papers to provide recent information technology advances in finance for inclusive development. Retained financial innovations are structured along three themes. They are: (i) the rural-urban divide, (ii) women empowerment and (iii) human capital in terms of skills and training. The financial instruments are articulated with case studies, innovations and investment strategies with particular emphasis, inter alia on: informal finance, microfinance, mobile banking, crowdfunding, microinsurance, Islamic finance, remittances, Payment for Environmental Services (PES) and the Diaspora Investment in Agriculture (DIA) initiative. },
keywords = {Finance; Inclusive Growth; Economic Development},
pubstate = {published},
tppubtype = {unpublished}
}

@article{Asongu,2018,
title = {Can Foreign Aid Dampen the Threat of Terrorism to International Trade? Evidence from 78 Developing Countries},
author = {Asongu, S. A., & Leke, I. J., },
url = {http://journals.sagepub.com/eprint/UyXYDcecB7fZRHuKNg6D/full},
doi = {10.1177/0976747918802649 },
year = {2018},
date = {2018-10-30},
journal = {Arthaniti: Journal of Economic Theory and Practice},
abstract = {The study investigates whether development assistance can be used to crowd-out the negative effect of terrorism on international trade. The empirical evidence is based on a panel of 78 developing countries for the period 1984–2008 and quantile regressions. The following main findings are established. First, bilateral aid significantly reduces the negative effect of transnational terrorism on trade in the top quantiles of trade distribution. Second, multilateral aid also significantly mitigates the negative effect of terrorism dynamics on trade in the top quantiles of trade distributions. It follows that it is primarily in countries with above-median levels of international trade that development assistance can be used as an effective policy tool for dampening the adverse effects of terrorism on trade. Practical implications are discussed. Moreover, steps or strategies that can be adopted by managers of corporations involved in international trade are provided, inter alia: (a) the improvement in physical security in high risky places, (b) the reduction of uncertainty linked with politically risky investment environments, (c) the reduction of costs associated with investments in locations that are very likely to be impacted by terrorism, (d) the role of security consultants and (e) the enhancement of security in networks.},
keywords = {Developing countries, Development, Exports, Foreign aid, terrorism},
pubstate = {published},
tppubtype = {article}
}

@article{Asongu,2018,
title = {Determinants of foreign direct investment in fast-growing economies: evidence from the BRICS and MINT countries},
author = {Simplice Asongu, Uduak S. Akpan & Salisu R. Isihak},
url = {https://jfin-swufe.springeropen.com/articles/10.1186/s40854-018-0114-0},
doi = {10.1186/s40854-018-0114-0},
year = {2018},
date = {2018-10-29},
journal = {Financial Innovation},
abstract = {The flow of foreign direct investment (FDI) into a country can benefit both the investing entity and host government. This study employed panel analysis to examine the factors that determine the direction of FDI to the fast-growing BRICS (Brazil, Russia, India, China, and South Africa) and MINT (Mexico, Indonesia, Nigeria, and Turkey) countries. First, we used a pooled time-series cross sectional analysis of data from 2001 to 2011 to estimate and model the determinants of FDI for three samples: BRICS only, MINT only, and BRICS and MINT combined. Then, a fixed effects approach was employed to provide the model for BRICS and MINT combined. The results demonstrate that market size, infrastructure availability, and trade openness play the most significant roles in attracting FDI to BRICS and MINT, while the roles of availability of natural resources and institutional quality are insignificant. To sustain and promote FDI inflow, the governments of BRICS and MINT must ensure that their countries remain attractive for investment by offering a level playing field for investors and political stability. BRICS and MINT governments also need to invest more in their human capital to ensure that their economies can absorb substantial skills and technology spillovers from FDI and promote sustainable long-term economic growth. This study is significant because it contributes to the literature on determinants of FDI by extending the scope of previous studies that often focused on BRICS only.},
keywords = {BRICS, determinants, fast-growing economies, FDI, MINT},
pubstate = {published},
tppubtype = {article}
}

@article{Asongu,2018,
title = {Governance and social media in African countries: An empirical investigation},
author = {Simplice A. Asongu, Nicholas M. Odhiambo},
url = {https://www.sciencedirect.com/science/article/abs/pii/S0308596118302635},
doi = {10.1016/j.telpol.2018.10.004},
year = {2018},
date = {2018-10-28},
journal = {Telecommunications Policy},
abstract = {This study assesses linkages between social media and governance dynamics in 49 African countries for the year 2012. The empirical evidence is based on ordinary least squares and quantile regressions. Ten bundled and unbundled governance dynamics are used, notably: (i) political governance (entailing “voice & accountability” and political stability/no violence); (ii) economic governance (involving regulation quality and government effectiveness); (iii) institutional governance (comprising the rule of law and corruption-control) and (iv) general governance (entailing political, economic and institutional governance). Social media is measured with Facebook penetration. The findings show that Facebook penetration is positively associated with governance dynamics and these positive nexuses differ in terms of significance and magnitude of significance throughout the conditional distribution of the governance dynamics.},
keywords = {Africa, governance, Social media},
pubstate = {published},
tppubtype = {article}
}