PUBLICATIONS

@article{Asongu_335,
author = {Paul Acha-Anyi N Simplice A. Asongu Vanessa S. Tchamyou},
url = {https://link.springer.com/article/10.1007/s13132-018-0547-8},
doi = {10.1007/s13132-018-0547-8},
year = {2018},
date = {2018-06-18},
journal = {Journal of the Knowledge Economy},
abstract = {This study assesses the knowledge economy (KE) performance of lagging African countries vis-à-vis their frontier counterparts with regard to the four dimensions of the World Bank’s knowledge economy index (KEI). The empirical exercise is for the period 1996–2010. It consists of first establishing leading nations before suggesting policy initiatives that can be implemented by sampled countries depending on identified gaps that are provided with the sigma convergence estimation approach. The following findings are established as frontier knowledge economy countries: (i) for the most part, North African countries are dominant in education. Tunisia is overwhelmingly dominant in 11 of the 15 years, followed by Libya which is a frontier country in 2 years of the periodicity while Cape Verde and Egypt lead in a single year each of the periodicity; (ii) with the exception of Morocco that is leading in the year 2009, Seychelles is overwhelmingly dominant in ICT; (iii) South Africa also indomitably leads in terms of innovation; and (iv) while Botswana and Mauritius share dominance in institutional regime, economic incentives in terms of private domestic credit are most apparent in Angola (8 years of the periodicity), the Democratic Republic of Congo (3 years of the periodicity) and Tanzania, Sierra Leone, and Malawi (each leading in 1 year of the periodicity).},
keywords = {Africa, Benchmarks, Catch-up, Knowledge economy, Policy syndromes},
pubstate = {published},
tppubtype = {article}
}

@article{Asongu_346,
author = {Venessa Tchamyou Simplice Asongu Ibrahim Raheem},
url = {https://doi.org/10.1108/AJEMS-11-2017-0291},
doi = {10.1108/AJEMS-11-2017-0291},
year = {2018},
date = {2018-05-18},
journal = {African Journal of Economic and Management Studies},
volume = {9},
number = {2},
pages = {231-249},
abstract = {Purpose
Financial dollarisation in sub-Saharan Africa (SSA) is most persistent compared to other regions of the world. The purpose of this paper is to complement the existing scant literature on dollarisation in Africa by assessing the role of information sharing offices (public credit registries and private credit bureaus) on financial dollarisation in 25 SSA countries for the period 2001-2012.

Design/methodology/approach
The empirical evidence is based on ordinary least squares and generalised method of moments (GMM).

Findings
The findings show that information sharing offices (which are designed to reduce information asymmetry) in the banking industry are a deterrent to dollarisation. The underpinning assumption that financial development reduces financial dollarisation is confirmed.

Originality/value
There is scant literature on the relevance of information sharing offices in development outcomes in Africa. While the establishment of these offices in most countries in the continent began in 2004, scholarship on the importance of these offices in financial development is sparse.},
keywords = {Africa, Dollarization, Information asymmetry, Openness},
pubstate = {published},
tppubtype = {article}
}

@article{Asongu_359,
author = {Nwachukwu & Aziz J C A Asongu S. A.},
url = {https://www.tandfonline.com/doi/full/10.1080/1097198X.2018.1462069},
doi = {10.1080/1097198X.2018.1462069},
year = {2018},
date = {2018-04-18},
journal = {Journal of Global Information Technology Management},
abstract = {Despite the evolving literature on the development benefits of mobile phones, we still know very little about factors that influence their adoption. Using 25 policy variables, we investigate determinants of mobile phone penetration in 49 Sub-Saharan African countries with data for the period 2000–2012. The empirical evidence is based on contemporary and non-contemporary OLS, Fixed Effects, System GMM, and Quantile Regression techniques. The determinants are classified into six policy categories. They are: (i) macroeconomic, (ii) business/bank, (iii) market-related, (iv) knowledge economy, (v) external flows, and (vi) human development. Results are presented in terms of threshold and non-threshold effects. The former has three main implications. First, there are increasing positive benefits in regulation quality, human development, foreign investment, education, urban population density, and Internet penetration. Second, there is evidence of decreasing positive effects from patent applications. Third, increasing damaging influences are established for foreign aid and return on equity. Non-threshold tendencies are discussed. Policy implications are also covered with emphasis on policy syndromes to enhance more targeted implications for worst-performing nations.},
keywords = {Africa, Development, Mobile phones, Panel data},
pubstate = {published},
tppubtype = {article}
}

@article{Asongu_366,
author = {Vanessa Tchamyou S Simplice A. Asongu Uchenna Efobi},
url = {https://www.emeraldinsight.com/doi/pdfplus/10.1108/IJDI-04-2017-0038},
doi = {10.1108/IJDI-04-2017-0038},
year = {2018},
date = {2018-03-18},
journal = {International Journal of Development Issues},
volume = {17},
number = {1},
pages = {2-17},
abstract = {Purpose
This study aims to assess the effect of globalisation on governance in 51 African countries for the period 1996-2011.

Design/methodology/approach
Ten bundled and unbundled governance indicators and four globalisation variables are used. The empirical evidence is based on Generalised Method of Moments.

Findings
Firstly, on political governance, while only social globalisation improves political stability, only economic globalisation does not increase voice and accountability and political governance. Secondly, with regard to economic governance: only economic globalisation significantly promotes regulation quality; social globalisation and general globalisation significantly advance government effectiveness; and economic globalisation and general globalisation significantly promote economic governance. Thirdly, with respect to institutional governance, while only social globalisation improves corruption-control, the effects of globalisation dynamics on the rule of law and institutional governance are not significant. Fourthly, the impacts of social globalisation and general globalisation are positive on general governance.

Practical implications
It follows that political governance is driven by voice and accountability compared to political stability; economic governance is promoted by both regulation quality and government effectiveness from specific globalisation angles; and globalisation does not improve institutional governance for the most part.

Originality/value
Governance variables are bundled and unbundled to reflect evolving conceptions and definitions of governance. Theoretical contributions and policy implications are discussed.},
keywords = {Africa, Globalization, governance},
pubstate = {published},
tppubtype = {article}
}

@article{Asongu_371,
author = {Jacinta Nwachukwu C Simplice A. Asongu},
url = {http://www.emeraldinsight.com/doi/abs/10.1108/ITP-02-2017-0033},
doi = {10.1108/ITP-02-2017-0033},
year = {2018},
date = {2018-02-05},
journal = {Information Technology & People},
volume = {31},
number = {1},
pages = {278-303},
abstract = {Purpose
The purpose of this paper is to examine how information and communication technology (ICT) influences openness to improve the conditions of doing business in sub-Saharan Africa.

Design/methodology/approach
The data were collected for the period 2000-2012. ICT is proxied with internet and mobile phone penetration rates whereas openness is measured in terms of financial and trade globalisation. Ten indicators of doing business are used, namely: cost of business start-up procedures; procedure to enforce a contract; start-up procedures to register a business; time required to build a warehouse; time required to enforce a contract; time required to register a property; time required to start a business; time to export; time to prepare and pay taxes; and time to resolve an insolvency. The empirical evidence is based on generalised method of moments with forward orthogonal deviations.

Findings
While the authors find substantial evidence that ICT complements openness to improve conditions for entrepreneurship, the effects are contingent on the dynamics of openness, ICT and entrepreneurship. Theoretical and practical policy implications are discussed.

Originality/value
The inquiry is based on two contemporary development concerns: the need for policy to leverage on the ICT penetration potential in the sub-region and the relevance of entrepreneurship in addressing associated issues of population growth such as unemployment.},
keywords = {Africa, Entrepreneurship, ICT, Mobile communications, Openness, Panel data},
pubstate = {published},
tppubtype = {article}
}

@article{Asongu_418,
author = {& Biekpe N Asongu S. A.},
url = {https://link.springer.com/article/10.1007/s11066-017-9118-6},
doi = {10.1007/s11066-017-9118-6},
year = {2017},
date = {2017-09-30},
journal = {Netnomics},
abstract = {This study investigates government quality determinants of ICT adoption using Generalised Method of Moments on a panel of 49 sub-Saharan African (SSA) countries for the period 2000-2012. ICT is measured with mobile phone penetration, internet penetration and telephone penetration rates while all governance dimensions from the World Bank Governance Indicators are considered, namely: political governance (consisting of political stability and “voice & accountability”); economic governance (entailing government effectiveness and regulation quality) and institutional governance (encompassing the rule of law and corruption-control). The following findings are established. First, political stability and the rule of law have positive short-run and negative long-term effects on mobile phone penetration. Second, the rule of law has a positive (negative) short-run (long-term) effect on internet penetration. Third, government effectiveness and corruption-control have positive short-run and long-term effects on telephone penetration. Institutional governance appears to be most significant in determining ICT adoption in SSA.},
keywords = {Africa, Govenance, ITC},
pubstate = {published},
tppubtype = {article}
}

@article{Asongu_486,
author = {Nwachukwu J C Asongu S. A},
url = {http://www.tandfonline.com/doi/full/10.1080/00213624.2017.1287510},
doi = {10.1080/00213624.2017.1287510},
year = {2017},
date = {2017-03-08},
journal = {Journal of Economic Issues},
volume = {51},
number = {1},
pages = {201-221},
abstract = {This article complements existing literature on the aid-institutions nexus by focusing on political rights, aid volatilities, and the post-Berlin Wall period. Our findings show that, while foreign aid does not have a significant effect on political rights, foreign aid volatilities do mitigate democracy in recipient countries. Such volatilities could be used by populist parties to promote a neocolonial agenda, instill nationalistic sentiments, and consolidate their grip on power. This is especially true when donors are asking for standards that the majority of the population in control does not want and political leaders are unwilling to implement them. Our empirical evidence is based on 53 African countries for the period from 1996 to 2010. As a main policy implication, creating uncertainties in foreign aid for political rights enhancement in African countries may achieve the opposite results. We also discuss other implications, including the need for an “After-Washington” Consensus.},
keywords = {Africa, Development, Foreign aid, political rights, uncertainty},
pubstate = {published},
tppubtype = {article}
}