AGDI currently has about 300 publications.
2019 |
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| 11. | Asongu, Nicholas Odhiambo Simplice M A Journal of Social Service Research, 2019. Abstract | Links | BibTeX | Tags: Africa, Foreign aid, inclusive development @article{Asongu_230, author = {Nicholas Odhiambo M Simplice A. Asongu}, url = {https://www.tandfonline.com/doi/full/10.1080/01488376.2019.1612821}, doi = {10.1080/01488376.2019.1612821}, year = {2019}, date = {2019-05-15}, journal = {Journal of Social Service Research}, abstract = {This study complements existing literature by assessing how various types of foreign aid complement each other in boosting inclusive human development in Africa. (a) When ‘aid to social infrastructure’ is moderated with other aid types, ‘action on debts’ is substitutive whereas ‘aid to the production sector’, ‘aid for program assistance’ and humanitarian assistance are complementary. (b) ‘Aid to the production sector’ (‘action on debt’) is complementary (substitutive) to ‘aid for economic infrastructure’. (c) Whereas ‘action on debt’ is a substitute to ‘aid to the production sector’, ‘aid for social infrastructure’ and ‘aid for economic infrastructure’ are complementary. (d) ‘Action on debt’ is a substitute for ‘aid to the multi-sector’. (e) While ‘aid for social infrastructure’ and ‘action on debt’ are substitutive to ‘aid for program assistance’; humanitarian assistance is complementary. (f) The following are substitutes to ‘action on debt’: ‘aid for economic infrastructure’, ‘aid to the production sector’, ‘aid to the multi-sector’ and ‘program assistance’. (g) ‘Aid for social infrastructure’ and ‘program assistance’ are complementary to humanitarian assistance. The findings reveal various patterns that inform policy makers on the relevance of sequencing aid types to enhance inclusive development. Future research should focus on country-specific studies.}, keywords = {Africa, Foreign aid, inclusive development}, pubstate = {published}, tppubtype = {article} } This study complements existing literature by assessing how various types of foreign aid complement each other in boosting inclusive human development in Africa. (a) When ‘aid to social infrastructure’ is moderated with other aid types, ‘action on debts’ is substitutive whereas ‘aid to the production sector’, ‘aid for program assistance’ and humanitarian assistance are complementary. (b) ‘Aid to the production sector’ (‘action on debt’) is complementary (substitutive) to ‘aid for economic infrastructure’. (c) Whereas ‘action on debt’ is a substitute to ‘aid to the production sector’, ‘aid for social infrastructure’ and ‘aid for economic infrastructure’ are complementary. (d) ‘Action on debt’ is a substitute for ‘aid to the multi-sector’. (e) While ‘aid for social infrastructure’ and ‘action on debt’ are substitutive to ‘aid for program assistance’; humanitarian assistance is complementary. (f) The following are substitutes to ‘action on debt’: ‘aid for economic infrastructure’, ‘aid to the production sector’, ‘aid to the multi-sector’ and ‘program assistance’. (g) ‘Aid for social infrastructure’ and ‘program assistance’ are complementary to humanitarian assistance. The findings reveal various patterns that inform policy makers on the relevance of sequencing aid types to enhance inclusive development. Future research should focus on country-specific studies. |
| 12. | Asongu, Simplice A; Odhiambo, Nicholas M Journal of Applied Social Science, 2019. Abstract | Links | BibTeX | Tags: Africa, Education, inclusive human development @article{Asongu_235, author = {Simplice A Asongu and Nicholas M Odhiambo}, url = {https://journals.sagepub.com/eprint/2CACJIUGHDIRUAKJG3ZQ/full}, doi = {10.1177/1936724419846198}, year = {2019}, date = {2019-05-09}, journal = {Journal of Applied Social Science}, abstract = {This study examines the importance of inclusive human development in promoting education quality in a panel of 49 sub-Saharan African countries for the period 2000–2012. The empirical evidence is based on ordinary least squares (OLS), fixed effects (FE), and quantile regression (QR) estimations. It is apparent from the OLS and FE findings that inclusive human development has a negative effect on the outcome variable. This negative effect implies that inclusive human development improves education quality. This result should be understood in the light of the fact that the adopted education variable is a negative economic signal given that it is computed as the ratio of pupils to teachers. Therefore, a higher ratio reflects diminishing education quality. From QR, with the exception of the highest quantile, the tendency of inclusive human development in reducing poor quality education is consistent throughout the conditional distribution of poor education quality. Policy implications are discussed.}, keywords = {Africa, Education, inclusive human development}, pubstate = {published}, tppubtype = {article} } This study examines the importance of inclusive human development in promoting education quality in a panel of 49 sub-Saharan African countries for the period 2000–2012. The empirical evidence is based on ordinary least squares (OLS), fixed effects (FE), and quantile regression (QR) estimations. It is apparent from the OLS and FE findings that inclusive human development has a negative effect on the outcome variable. This negative effect implies that inclusive human development improves education quality. This result should be understood in the light of the fact that the adopted education variable is a negative economic signal given that it is computed as the ratio of pupils to teachers. Therefore, a higher ratio reflects diminishing education quality. From QR, with the exception of the highest quantile, the tendency of inclusive human development in reducing poor quality education is consistent throughout the conditional distribution of poor education quality. Policy implications are discussed. |
| 13. | Nting, Evans Osabuohien Simplice Asongu Rexon S A T Journal of Industry, Competition and Trade, 2019. Abstract | Links | BibTeX | Tags: Africa, Capital flight, terrorism @article{Asongu_241, author = {Evans Osabuohien S Simplice A. Asongu Rexon T. Nting}, url = {https://link.springer.com/article/10.1007/s10842-019-00303-6}, doi = {10.1007/s10842-019-00303-6}, year = {2019}, date = {2019-04-17}, journal = {Journal of Industry, Competition and Trade}, abstract = {This inquiry assesses if terrorism sustains the capital flight trap and whether the relationship is affected by varying the levels of governance and globalisation. The empirical evidence is based on interactive generalised method of moments with data from 37 African countries for the period 1996–2010. The following are established: (1) Evidence of a capital flight trap is apparent because past values of capital flight have a positive effect on future values of capital flight. (2) Terrorism sustains the positive effect of the capital flight trap on capital flight. (3) For the most part (especially with regard to political governance), terrorism sustains the addiction to capital flight in above-median governance sub-samples. Policy implications are discussed.}, keywords = {Africa, Capital flight, terrorism}, pubstate = {published}, tppubtype = {article} } This inquiry assesses if terrorism sustains the capital flight trap and whether the relationship is affected by varying the levels of governance and globalisation. The empirical evidence is based on interactive generalised method of moments with data from 37 African countries for the period 1996–2010. The following are established: (1) Evidence of a capital flight trap is apparent because past values of capital flight have a positive effect on future values of capital flight. (2) Terrorism sustains the positive effect of the capital flight trap on capital flight. (3) For the most part (especially with regard to political governance), terrorism sustains the addiction to capital flight in above-median governance sub-samples. Policy implications are discussed. |
| 14. | Asongu, Nicholas Odhiambo Simplice. M A Energy Exploration & Exploitation, 2019. Abstract | Links | BibTeX | Tags: Africa, CO2 emissions, economic development @article{Asongu_246, author = {Nicholas Odhiambo M Simplice. A. Asongu}, url = {https://journals.sagepub.com/doi/10.1177/0144598719835594}, doi = {10.1177/0144598719835594}, year = {2019}, date = {2019-04-09}, journal = {Energy Exploration & Exploitation}, abstract = {This study investigates the relevance of government quality in moderating the incidence of environmental degradation on inclusive human development in 44 sub-Saharan African countries for the period 2000–2012. Environmental degradation is measured with CO2 emissions and the governance dynamics include: political stability, voice and accountability, government effectiveness, regulation quality, the rule of law and corruption-control. The empirical evidence is based on the generalised method of moments. Regulation quality modulates CO2 emissions to exert a net negative effect on inclusive development. Institutional governance (consisting of corruption-control and the rule of law) modulates CO2 emissions to also exert a net negative effect on inclusive human development. Fortunately, the corresponding interactive effects are positive, which indicates that good governance needs to be enhanced to achieve positive net effects. A policy threshold of institutional governance at which institutional governance completely dampens the unfavourable effect of CO2 emissions on inclusive human development is established. Other policy implications are discussed.}, keywords = {Africa, CO2 emissions, economic development}, pubstate = {published}, tppubtype = {article} } This study investigates the relevance of government quality in moderating the incidence of environmental degradation on inclusive human development in 44 sub-Saharan African countries for the period 2000–2012. Environmental degradation is measured with CO2 emissions and the governance dynamics include: political stability, voice and accountability, government effectiveness, regulation quality, the rule of law and corruption-control. The empirical evidence is based on the generalised method of moments. Regulation quality modulates CO2 emissions to exert a net negative effect on inclusive development. Institutional governance (consisting of corruption-control and the rule of law) modulates CO2 emissions to also exert a net negative effect on inclusive human development. Fortunately, the corresponding interactive effects are positive, which indicates that good governance needs to be enhanced to achieve positive net effects. A policy threshold of institutional governance at which institutional governance completely dampens the unfavourable effect of CO2 emissions on inclusive human development is established. Other policy implications are discussed. |
| 15. | Nting, Evans Osabuohien Simplice Asongu Rexon S A T 2019. Abstract | Links | BibTeX | Tags: Africa, Capital flight, terrorism @unpublished{Asongu_247, author = {Evans Osabuohien S Simplice A. Asongu Rexon T. Nting}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/How-terrorism-sustains-the-addiction-to-capital-flight-in-Africa.pdf}, year = {2019}, date = {2019-04-05}, abstract = {This inquiry assesses if terrorism sustains the capital flight trap and whether the relationship is affected by varying the levels of governance and globalisation. The empirical evidence is based on interactive Generalised Method of Moments with data from 37 African countries for the period 1996-2010. The followings are established. (1) Evidence of a capital flight trap is apparent because past values of capital flight have a positive effect on future values of capital flight. (2) Terrorism sustains the positive effect of the capital flight trap on capital flight. (3) For the most part (especially with regard to political governance), terrorism sustains the addiction to capital flight in above-median governance sub-samples. Policy implications are discussed.}, keywords = {Africa, Capital flight, terrorism}, pubstate = {published}, tppubtype = {unpublished} } This inquiry assesses if terrorism sustains the capital flight trap and whether the relationship is affected by varying the levels of governance and globalisation. The empirical evidence is based on interactive Generalised Method of Moments with data from 37 African countries for the period 1996-2010. The followings are established. (1) Evidence of a capital flight trap is apparent because past values of capital flight have a positive effect on future values of capital flight. (2) Terrorism sustains the positive effect of the capital flight trap on capital flight. (3) For the most part (especially with regard to political governance), terrorism sustains the addiction to capital flight in above-median governance sub-samples. Policy implications are discussed. |
| 16. | Asongu, Oasis Kodila-Tedika Simplice A Journal of Interdisciplinary Economics, 2019. Abstract | Links | BibTeX | Tags: Africa, Intelligence, Slavery, Trade @article{Asongu_251, author = {Oasis Kodila-Tedika Simplice A. Asongu}, url = {https://journals.sagepub.com/eprint/zCjn56nxMztK73MZJPX8/full}, doi = {10.1177/0260107919829963}, year = {2019}, date = {2019-03-28}, journal = {Journal of Interdisciplinary Economics}, abstract = {This article examines the role of cognitive ability or intelligence on slave exports from Africa. We test a hypothesis that countries which were endowed with higher levels of cognitive ability were more likely to experience lower levels of slave exports from Africa probably due to comparatively better capacities to organize, co-operate, oversee and confront slave traders. The investigated hypothesis is valid from alternative specifications involving varying conditioning information sets. The findings are also robust to the control of outliers.}, keywords = {Africa, Intelligence, Slavery, Trade}, pubstate = {published}, tppubtype = {article} } This article examines the role of cognitive ability or intelligence on slave exports from Africa. We test a hypothesis that countries which were endowed with higher levels of cognitive ability were more likely to experience lower levels of slave exports from Africa probably due to comparatively better capacities to organize, co-operate, oversee and confront slave traders. The investigated hypothesis is valid from alternative specifications involving varying conditioning information sets. The findings are also robust to the control of outliers. |
| 17. | Asongu, Nicholas Odhiambo Simplice M A Energy Exploration & Exploitation, 2019. Abstract | Links | BibTeX | Tags: Africa, CO2 emissions, economic development @article{Asongu_255, author = {Nicholas Odhiambo M Simplice A. Asongu}, url = {https://journals.sagepub.com/doi/10.1177/0144598719835591}, doi = {10.1177/0144598719835591}, year = {2019}, date = {2019-03-13}, journal = {Energy Exploration & Exploitation}, abstract = {This study investigates how increasing economic development affects the green economy in terms of CO2 emissions, using data from 44 countries in the sub-Saharan Africa for the period 2000–2012. The Generalized Method of Moments is used for the empirical analysis. The following main findings are established. First, relative to CO2 emissions, enhancing economic growth and population growth engenders a U-shaped pattern whereas increasing inclusive human development shows a Kuznets curve. Second, increasing gross domestic product growth beyond 25% of annual growth is unfavorable for a green economy. Third, a population growth rate of above 3.089% (i.e. annual %) has a positive effect of CO2 emissions. Fourth, an inequality-adjusted human development index of above 0.4969 is beneficial for a green economy because it is associated with a reduction in CO2 emissions. The established critical masses have policy relevance because they are situated within the policy ranges of adopted economic development dynamics.}, keywords = {Africa, CO2 emissions, economic development}, pubstate = {published}, tppubtype = {article} } This study investigates how increasing economic development affects the green economy in terms of CO2 emissions, using data from 44 countries in the sub-Saharan Africa for the period 2000–2012. The Generalized Method of Moments is used for the empirical analysis. The following main findings are established. First, relative to CO2 emissions, enhancing economic growth and population growth engenders a U-shaped pattern whereas increasing inclusive human development shows a Kuznets curve. Second, increasing gross domestic product growth beyond 25% of annual growth is unfavorable for a green economy. Third, a population growth rate of above 3.089% (i.e. annual %) has a positive effect of CO2 emissions. Fourth, an inequality-adjusted human development index of above 0.4969 is beneficial for a green economy because it is associated with a reduction in CO2 emissions. The established critical masses have policy relevance because they are situated within the policy ranges of adopted economic development dynamics. |
| 18. | Asongu, Simplice A; Odhiambo, Nicholas M African Journal of Economic and Management Studies, 10 (1), pp. 2-16, 2019. Abstract | Links | BibTeX | Tags: Africa, Doing business, Entrepreneurship, inclusive development @article{Asongu_259, author = {Simplice A Asongu and Nicholas M Odhiambo}, url = {https://www.emeraldinsight.com/doi/full/10.1108/AJEMS-05-2018-0132}, doi = {10.1108/AJEMS-05-2018-0132}, year = {2019}, date = {2019-03-01}, journal = {African Journal of Economic and Management Studies}, volume = {10}, number = {1}, pages = {2-16}, abstract = {Purpose The purpose of this paper is to examine how doing business affects inclusive human development in 48 Sub-Saharan Africa for the period 2000–2012. Design/methodology/approach The measurement of inclusive human development encompasses both absolute pro-poor and relative pro-poor concepts of inclusive development. Three doing business variables are used, namely: the number of start-up procedures required to register a business, time required to start a business, and time to prepare and pay taxes. The empirical evidence is based on fixed effects and generalised method of moments regressions. Findings The findings show that increasing constraints to the doing of business have a negative effect on inclusive human development. Originality/value The study is timely and very relevant to the post-2015 Sustainable Development Agenda for two fundamental reasons: first, exclusive development is a critical policy syndrome in Africa because about 50 per cent of countries in the continent did not attain the Millennium Development Goal extreme poverty target despite enjoying more than two decades of growth resurgence. Second, growth in Africa is primarily driven by large extractive industries and with the population of the continent expected to double in about 30 years, scholarship on entrepreneurship for inclusive development is very welcome. This is essentially because studies have shown that the increase in unemployment (resulting from the underlying demographic change) would be accommodated by the private sector, not the public sector.}, keywords = {Africa, Doing business, Entrepreneurship, inclusive development}, pubstate = {published}, tppubtype = {article} } Purpose The purpose of this paper is to examine how doing business affects inclusive human development in 48 Sub-Saharan Africa for the period 2000–2012. Design/methodology/approach The measurement of inclusive human development encompasses both absolute pro-poor and relative pro-poor concepts of inclusive development. Three doing business variables are used, namely: the number of start-up procedures required to register a business, time required to start a business, and time to prepare and pay taxes. The empirical evidence is based on fixed effects and generalised method of moments regressions. Findings The findings show that increasing constraints to the doing of business have a negative effect on inclusive human development. Originality/value The study is timely and very relevant to the post-2015 Sustainable Development Agenda for two fundamental reasons: first, exclusive development is a critical policy syndrome in Africa because about 50 per cent of countries in the continent did not attain the Millennium Development Goal extreme poverty target despite enjoying more than two decades of growth resurgence. Second, growth in Africa is primarily driven by large extractive industries and with the population of the continent expected to double in about 30 years, scholarship on entrepreneurship for inclusive development is very welcome. This is essentially because studies have shown that the increase in unemployment (resulting from the underlying demographic change) would be accommodated by the private sector, not the public sector. |
| 19. | Asongu, Nicholas Odhiambo Simplice M A Journal of African Business, 2019. Abstract | Links | BibTeX | Tags: Africa, Business, Development @article{Asongu_260, author = {Nicholas Odhiambo M Simplice A. Asongu}, url = {https://www.tandfonline.com/doi/full/10.1080/15228916.2019.1582294}, doi = {10.1080/15228916.2019.1582294}, year = {2019}, date = {2019-02-21}, journal = {Journal of African Business}, abstract = {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 challenges to doing business in Africa? In providing answers to these 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 doing business 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.}, keywords = {Africa, Business, Development}, pubstate = {published}, tppubtype = {article} } 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 challenges to doing business in Africa? In providing answers to these 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 doing business 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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| 20. | Asongu, Nicholas Odhiambo Simplice M A Telecommunications Policy, 2018. Abstract | Links | BibTeX | Tags: Africa, governance, Social media @article{Asongu_310, author = {Nicholas Odhiambo M Simplice A. Asongu}, 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} } 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. |
