PUBLICATIONS
The AGDI has published substantially in fulfillment of its mission statement of contributing to knowledge towards African development:
IDEAS
http://ideas.repec.org/d/agdiycm.html
ECONSTOR
https://www.econstor.eu/dspace/escollectionhome/10419/123513
Publication List
2016 |
|
551. | A., Singh Le Roux Asongu P S S Journal of Business Ethics, 2016. Abstract | Links | BibTeX | Tags: Intellectual property rights, Panel data, Software piracy @article{Asongu_548, author = {Singh Le Roux P S Asongu S. A.}, url = {http://link.springer.com/article/10.1007/s10551-016-3291-7}, doi = {10.1007/s10551-016-3291-7}, year = {2016}, date = {2016-08-13}, journal = {Journal of Business Ethics}, abstract = {This study examines the efficiency of tools for fighting software piracy in the conditional distributions of software piracy. Our paper examines software piracy in 99 countries over the period 1994–2010, using contemporary and non-contemporary quantile regressions. The intuition for modelling distributions contingent on existing levels of software piracy is that the effectiveness of tools against piracy may consistently decrease or increase simultaneously with the increasing levels of software piracy. Hence, blanket policies against software piracy are unlikely to succeed unless they are contingent on initial levels of software piracy and tailored differently across countries with low, medium and high levels of software piracy. Our findings indicate that GDP per capita, research and development expenditure, main intellectual property laws, multilateral treaties, bilateral treaties, World Intellectual Property Organisation treaties, money supply and respect for the rule of law have negative effects on software piracy. Equitably distributed wealth reduces software piracy, and the tendency not to indulge in software piracy because of equitably distributed wealth increases with the increasing software piracy levels. Hence, the negative degree of responsiveness of software piracy to changes in income levels is an increasing function of software piracy. Moreover, the relationships between policy instruments and software piracy display various patterns: U-shape, Kuznets-shape, S-shape and negative thresholds. A negative threshold represents negative estimates with the increasing negative magnitude throughout the conditional distributions of software piracy. We also discuss the policy implications of our study.}, keywords = {Intellectual property rights, Panel data, Software piracy}, pubstate = {published}, tppubtype = {article} } This study examines the efficiency of tools for fighting software piracy in the conditional distributions of software piracy. Our paper examines software piracy in 99 countries over the period 1994–2010, using contemporary and non-contemporary quantile regressions. The intuition for modelling distributions contingent on existing levels of software piracy is that the effectiveness of tools against piracy may consistently decrease or increase simultaneously with the increasing levels of software piracy. Hence, blanket policies against software piracy are unlikely to succeed unless they are contingent on initial levels of software piracy and tailored differently across countries with low, medium and high levels of software piracy. Our findings indicate that GDP per capita, research and development expenditure, main intellectual property laws, multilateral treaties, bilateral treaties, World Intellectual Property Organisation treaties, money supply and respect for the rule of law have negative effects on software piracy. Equitably distributed wealth reduces software piracy, and the tendency not to indulge in software piracy because of equitably distributed wealth increases with the increasing software piracy levels. Hence, the negative degree of responsiveness of software piracy to changes in income levels is an increasing function of software piracy. Moreover, the relationships between policy instruments and software piracy display various patterns: U-shape, Kuznets-shape, S-shape and negative thresholds. A negative threshold represents negative estimates with the increasing negative magnitude throughout the conditional distributions of software piracy. We also discuss the policy implications of our study. |
552. | Amavilah, Simplice Asongu Antonio Andrés Voxi R 2016. Abstract | Links | BibTeX | Tags: cross-country analysis, Formal institutions, ICT adoption, panel data models @workingpaper{Asongu2016db, title = {Linkages between Formal Institutions, ICT Adoption and Inclusive Human Development in Sub Saharan Africa}, author = {Simplice Asongu Antonio R. Andrés Voxi Amavilah}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Formal-Institutions.-ICT-Adoption-and-Inclusive-Development.pdf}, year = {2016}, date = {2016-08-13}, abstract = {Using data for 49 African countries over the years spanning 2000-2012, and controlling for a wide range of factors, this study empirically assesses the effects of formal institutions on ICT adoption in developing countries. It deploys 2SLS and FE regression models, (a) to estimate what determines ICT adoption and (b) to trace how ICT adoption affects inclusive development. The results show that formal institutions affect ICT adoption in this group of countries, with government effectiveness having the largest positive effect and regulations the largest negative effect. Generally, formal institutions appear more important to ICT adoption in low income countries than middle income countries, whereas population and economic growth tend to constrain ICT adoption with low income countries more negatively affected than middle income countries. The results further demonstrate that ICT adoption affects development strongly, and that such effects are comparable to those of domestic credit and foreign direct investment. Ceteris paribus, external factors like foreign aid are more limiting to inclusive development than internal factors. This suggests that developing countries can enhance their ICT adoption for development by improving formal institutions and by strengthening domestic determinants of ICT adoption. Both represent opportunities for further research.}, keywords = {cross-country analysis, Formal institutions, ICT adoption, panel data models}, pubstate = {published}, tppubtype = {workingpaper} } Using data for 49 African countries over the years spanning 2000-2012, and controlling for a wide range of factors, this study empirically assesses the effects of formal institutions on ICT adoption in developing countries. It deploys 2SLS and FE regression models, (a) to estimate what determines ICT adoption and (b) to trace how ICT adoption affects inclusive development. The results show that formal institutions affect ICT adoption in this group of countries, with government effectiveness having the largest positive effect and regulations the largest negative effect. Generally, formal institutions appear more important to ICT adoption in low income countries than middle income countries, whereas population and economic growth tend to constrain ICT adoption with low income countries more negatively affected than middle income countries. The results further demonstrate that ICT adoption affects development strongly, and that such effects are comparable to those of domestic credit and foreign direct investment. Ceteris paribus, external factors like foreign aid are more limiting to inclusive development than internal factors. This suggests that developing countries can enhance their ICT adoption for development by improving formal institutions and by strengthening domestic determinants of ICT adoption. Both represent opportunities for further research. |
553. | Boateng, Raphael Akamavi Simplice Asongu Agyenim A 2016. Abstract | Links | BibTeX | Tags: Mobile phones; inclusive human development; Africa @workingpaper{Asongu_550, author = {Raphael Akamavi Simplice A. Asongu Agyenim Boateng}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Mobile-Phone-Innovation-and-Inclusive-Human-Development.pdf}, year = {2016}, date = {2016-08-13}, abstract = {A recent World Bank report reveals that poverty has been decreasing in all regions of the world with the exception of sub-Saharan Africa (SSA) as more than 45% of countries in the sub-region are off-track from achieving the Millennium Development Goal (MDG) extreme poverty target. This paper investigates the effects of mobile phone technology, knowledge creation and diffusion on inclusive human development in 49 SSA countries for the period 2000-2012 using Tobit model. The study finds that mobile phone penetration in SSA is pivotal to sustainable and inclusive human development irrespective of the country’s level of income, legal origins, religious orientation and the state of the nation. However, the pupil-teacher ratio exerts a negative influence on inclusive human development. The net effects of interactions between the mobile phone and knowledge diffusion variables are positive.}, keywords = {Mobile phones; inclusive human development; Africa}, pubstate = {published}, tppubtype = {workingpaper} } A recent World Bank report reveals that poverty has been decreasing in all regions of the world with the exception of sub-Saharan Africa (SSA) as more than 45% of countries in the sub-region are off-track from achieving the Millennium Development Goal (MDG) extreme poverty target. This paper investigates the effects of mobile phone technology, knowledge creation and diffusion on inclusive human development in 49 SSA countries for the period 2000-2012 using Tobit model. The study finds that mobile phone penetration in SSA is pivotal to sustainable and inclusive human development irrespective of the country’s level of income, legal origins, religious orientation and the state of the nation. However, the pupil-teacher ratio exerts a negative influence on inclusive human development. The net effects of interactions between the mobile phone and knowledge diffusion variables are positive. |
554. | Asongu, Jacinta Nwachukwu Simplice C A Technovation, 55-56 (September-October), pp. 1-13, 2016. Abstract | Links | BibTeX | Tags: Mobile phones; governance; inclusive human development @article{Asongu_551, author = {Jacinta Nwachukwu C Simplice A. Asongu}, url = {http://www.sciencedirect.com/science/article/pii/S0166497216300281}, doi = {10.1016/j.technovation.2016.04.002}, year = {2016}, date = {2016-07-15}, journal = {Technovation}, volume = {55-56}, number = {September-October}, pages = {1-13}, abstract = {This study assesses the synergy effects of governance in mobile phone penetration for inclusive human development in Sub-Saharan Africa with data for the period 2000–2012. It employs a battery of interactive estimation techniques, namely: Fixed effects, Generalised Method of Moments and Tobit regressions. Concepts of political (voice and accountability and political stability/no violence), economic (government effectiveness and regulation quality) and institutional (corruption-control and rule of law) governance are employed. The following findings are established. The previously apparent positive correlation between mobile phones and inclusive development can be extended to a positive effect. Although political governance is overwhelmingly not significant across estimated models, the average effects from economic governance are higher relative to institutional governance. On the interactions between mobile phones and governance variables, while none are apparent in Fixed effects regressions, there are significant synergy effects in Generalised Method of Moments and Tobit estimations, notably, from: regulation quality in the former and political stability, voice and accountability and rule of law in the latter. There is consistent evidence of convergence in inclusive human development. Policy implications are discussed.}, keywords = {Mobile phones; governance; inclusive human development}, pubstate = {published}, tppubtype = {article} } This study assesses the synergy effects of governance in mobile phone penetration for inclusive human development in Sub-Saharan Africa with data for the period 2000–2012. It employs a battery of interactive estimation techniques, namely: Fixed effects, Generalised Method of Moments and Tobit regressions. Concepts of political (voice and accountability and political stability/no violence), economic (government effectiveness and regulation quality) and institutional (corruption-control and rule of law) governance are employed. The following findings are established. The previously apparent positive correlation between mobile phones and inclusive development can be extended to a positive effect. Although political governance is overwhelmingly not significant across estimated models, the average effects from economic governance are higher relative to institutional governance. On the interactions between mobile phones and governance variables, while none are apparent in Fixed effects regressions, there are significant synergy effects in Generalised Method of Moments and Tobit estimations, notably, from: regulation quality in the former and political stability, voice and accountability and rule of law in the latter. There is consistent evidence of convergence in inclusive human development. Policy implications are discussed. |
555. | Uchenna, Efobi 2016. Abstract | Links | BibTeX | Tags: ECOWAS; Gender; Household; Nigeria; Poverty; Trade; Welfare @workingpaper{Efobi, author = {Efobi Uchenna}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/The-Reconstruction-of-the-Border-Roads-and-Household-Welfare-in-Nigeria.pdf}, year = {2016}, date = {2016-07-11}, abstract = {This study provides an ex-ante analysis of the welfare effect from the improvement of border road infrastructure in Nigeria. It starts by describing the income distribution in the Nigerian states contained in the sample. It then analyses the relationship between income, household food expenditures, and household expenditures on imported rice. it is aimed at assessing how changes in the price of food commodities induced by border road improvements would affect different types of households. Finally, it investigates how simulated changes in local transportation costs stemming from road improvements would affect local prices of imported rice taking into consideration the simulated price changes effect on household welfare across household head gender and household area (rural and urban households). Results indicate that policies aiming to improve border roads and thereby lower transportation costs, and subsequently the price of imported rice, would be more beneficial for rural than urban households. Such policies would likely produce larger welfare gains for poorer households than richer households, and would be more beneficial for the poorest female-headed households than their male counterparts.}, keywords = {ECOWAS; Gender; Household; Nigeria; Poverty; Trade; Welfare}, pubstate = {published}, tppubtype = {workingpaper} } This study provides an ex-ante analysis of the welfare effect from the improvement of border road infrastructure in Nigeria. It starts by describing the income distribution in the Nigerian states contained in the sample. It then analyses the relationship between income, household food expenditures, and household expenditures on imported rice. it is aimed at assessing how changes in the price of food commodities induced by border road improvements would affect different types of households. Finally, it investigates how simulated changes in local transportation costs stemming from road improvements would affect local prices of imported rice taking into consideration the simulated price changes effect on household welfare across household head gender and household area (rural and urban households). Results indicate that policies aiming to improve border roads and thereby lower transportation costs, and subsequently the price of imported rice, would be more beneficial for rural than urban households. Such policies would likely produce larger welfare gains for poorer households than richer households, and would be more beneficial for the poorest female-headed households than their male counterparts. |
556. | Uchenna, Asongu Simplice Efobi International Economics, 2016. Abstract | Links | BibTeX | Tags: Africa; Capital flight; Foreign capital; Terrorism; Violence @article{Asongu_552, author = {Asongu Simplice Efobi Uchenna}, url = {http://www.sciencedirect.com/science/article/pii/S2110701716300592}, doi = {doi:10.1016/j.inteco.2016.06.004}, year = {2016}, date = {2016-07-10}, journal = {International Economics}, abstract = {We assess the effects of terrorism on capital flight in a panel of 29 African countries for which data is available for the period 1987–2008. The terrorism dynamics entail domestic, transnational, unclear and total terrorisms. The empirical evidence is based on Generalised Method of Moments (GMM) with forward orthogonal deviations and Quantile regressions (QR). The following findings are established. First, for GMM, domestic, transnational, unclear and total terrorisms consistently increase capital flight. Second, for QR, with the exception of transnational terrorism for which a positive effect on capital flight is apparent in the 0.90th quintile, terrorism dynamics affect capital flight in low quintiles of the capital flight distribution. In other words, terrorism increases capital flight for the most part when initial levels of capital flight are low. Policy implications are discussed.}, keywords = {Africa; Capital flight; Foreign capital; Terrorism; Violence}, pubstate = {published}, tppubtype = {article} } We assess the effects of terrorism on capital flight in a panel of 29 African countries for which data is available for the period 1987–2008. The terrorism dynamics entail domestic, transnational, unclear and total terrorisms. The empirical evidence is based on Generalised Method of Moments (GMM) with forward orthogonal deviations and Quantile regressions (QR). The following findings are established. First, for GMM, domestic, transnational, unclear and total terrorisms consistently increase capital flight. Second, for QR, with the exception of transnational terrorism for which a positive effect on capital flight is apparent in the 0.90th quintile, terrorism dynamics affect capital flight in low quintiles of the capital flight distribution. In other words, terrorism increases capital flight for the most part when initial levels of capital flight are low. Policy implications are discussed. |
557. | Asongu, Sara Le Roux Simplice A 2016. Abstract | Links | BibTeX | Tags: Financial access; Information asymmetry; ICT @workingpaper{Asongu2016c, title = {Reducing Information Asymmetry with ICT: A critical review of loan price and quantity effects in Africa}, author = {Sara Le Roux Simplice A. Asongu}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Loan-price-and-quantity-effects-of-reducing-information-asymmetry-with-ICT.pdf}, year = {2016}, date = {2016-07-09}, abstract = {This study investigates loan price and quantity effects of information sharing offices with ICT, in a panel of 162 banks consisting of 42 African countries for the period 2001-2011.The empirical evidence is based on Generalised Method of Moments and Instrumental Quantile Regressions. Our findings broadly show that ICT with public credit registries decrease the price of loans and increase the quantity of loans. While the net effects from the interaction of ICT with private credit bureaus do not lead to enhanced financial access, corresponding marginal effects show that ICT can complement private credit bureaus to increase loan quantity and decrease loan prices when certain thresholds of ICT are attained. We compute and discuss the ICT thresholds that are required to make this possible.}, keywords = {Financial access; Information asymmetry; ICT}, pubstate = {published}, tppubtype = {workingpaper} } This study investigates loan price and quantity effects of information sharing offices with ICT, in a panel of 162 banks consisting of 42 African countries for the period 2001-2011.The empirical evidence is based on Generalised Method of Moments and Instrumental Quantile Regressions. Our findings broadly show that ICT with public credit registries decrease the price of loans and increase the quantity of loans. While the net effects from the interaction of ICT with private credit bureaus do not lead to enhanced financial access, corresponding marginal effects show that ICT can complement private credit bureaus to increase loan quantity and decrease loan prices when certain thresholds of ICT are attained. We compute and discuss the ICT thresholds that are required to make this possible. |
558. | Tchamyou, Asongu S A V S 2016. Abstract | Links | BibTeX | Tags: Information sharing; Banking ; Africa @workingpaper{Asongu_554, author = {Asongu S A V S. Tchamyou}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Information-Sharing-and-Financial-Sector-Development-in-Africa.pdf}, year = {2016}, date = {2016-07-06}, abstract = {This study investigates the effect information sharing has on financial sector development in 53 African countries for the period 2004-2011. Information sharing is measured with private credit bureaus and public credit registries. Hitherto unexplored dimensions of financial sector development are employed, namely: financial sector dynamics of formalization, informalization and non-formalization. The empirical evidence is based on Ordinary Least Squares (OLS) and Generalised Method of Moments (GMM). The following findings are established. Information sharing bureaus increase (reduce) formal (informal/non-formal) financial sector development. In order to ensure that information sharing bureaus improve (decrease) formal (informal/nonformal) financial development, public credit registries should have between 45.45 and 50 percent coverage while private credit bureaus should have at least 26.25 percent coverage.}, keywords = {Information sharing; Banking ; Africa}, pubstate = {published}, tppubtype = {workingpaper} } This study investigates the effect information sharing has on financial sector development in 53 African countries for the period 2004-2011. Information sharing is measured with private credit bureaus and public credit registries. Hitherto unexplored dimensions of financial sector development are employed, namely: financial sector dynamics of formalization, informalization and non-formalization. The empirical evidence is based on Ordinary Least Squares (OLS) and Generalised Method of Moments (GMM). The following findings are established. Information sharing bureaus increase (reduce) formal (informal/non-formal) financial sector development. In order to ensure that information sharing bureaus improve (decrease) formal (informal/nonformal) financial development, public credit registries should have between 45.45 and 50 percent coverage while private credit bureaus should have at least 26.25 percent coverage. |
559. | Sharing, Information; in Africa, Financial Sector Development 2016. Abstract | Links | BibTeX | Tags: Information sharing; Banking ; Africa @workingpaper{Asongu_555, author = {Information Sharing and Financial Sector Development in Africa}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Information-Sharing-and-Financial-Sector-Development-in-Africa.pdf}, year = {2016}, date = {2016-07-05}, abstract = {This study investigates the effect information sharing has on financial sector development in 53 African countries for the period 2004-2011. Information sharing is measured with private credit bureaus and public credit registries. Hitherto unexplored dimensions of financial sector development are employed, namely: financial sector dynamics of formalization, informalization and non-formalization. The empirical evidence is based on Ordinary Least Squares (OLS) and Generalised Method of Moments (GMM). The following findings are established. Information sharing bureaus increase (reduce) formal (informal/non-formal) financial sector development. In order to ensure that information sharing bureaus improve (decrease) formal (informal/non-formal) financial development, public credit registries should have between 45.45 and 50 percent coverage while private credit bureaus should have at least 26.25 percent coverage.}, keywords = {Information sharing; Banking ; Africa}, pubstate = {published}, tppubtype = {workingpaper} } This study investigates the effect information sharing has on financial sector development in 53 African countries for the period 2004-2011. Information sharing is measured with private credit bureaus and public credit registries. Hitherto unexplored dimensions of financial sector development are employed, namely: financial sector dynamics of formalization, informalization and non-formalization. The empirical evidence is based on Ordinary Least Squares (OLS) and Generalised Method of Moments (GMM). The following findings are established. Information sharing bureaus increase (reduce) formal (informal/non-formal) financial sector development. In order to ensure that information sharing bureaus improve (decrease) formal (informal/non-formal) financial development, public credit registries should have between 45.45 and 50 percent coverage while private credit bureaus should have at least 26.25 percent coverage. |
560. | Efobi, Simplice Asongu Uchenna A 2016. Abstract | Links | BibTeX | Tags: Africa; Capital flight; Foreign capital; Terrorism; Violence @workingpaper{Asongu_556, author = {Simplice Asongu A Uchenna Efobi}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Terrorism-and-capital-flight-from-Africa.pdf}, year = {2016}, date = {2016-07-04}, abstract = {We assess the effects of terrorism on capital flight in a panel of 29 African countries for which data is available for the period 1987-2008. The terrorism dynamics entail domestic, transnational, unclear and total terrorisms. The empirical evidence is based on Generalised Method of Moments (GMM) with forward orthogonal deviations and Quantile regressions (QR). The following findings are established. First, for GMM, domestic, transnational, unclear and total terrorisms consistently increase capital flight. Second, for QR, with the exception of transnational terrorism for which a positive effect on capital flight is apparent in the 0.90th quintile, terrorism dynamics affect capital flight in low quintiles of the capital flight distribution. In other words, terrorism increases capital flight for the most part when initial levels of capital flight are low. Policy implications are discussed.}, keywords = {Africa; Capital flight; Foreign capital; Terrorism; Violence}, pubstate = {published}, tppubtype = {workingpaper} } We assess the effects of terrorism on capital flight in a panel of 29 African countries for which data is available for the period 1987-2008. The terrorism dynamics entail domestic, transnational, unclear and total terrorisms. The empirical evidence is based on Generalised Method of Moments (GMM) with forward orthogonal deviations and Quantile regressions (QR). The following findings are established. First, for GMM, domestic, transnational, unclear and total terrorisms consistently increase capital flight. Second, for QR, with the exception of transnational terrorism for which a positive effect on capital flight is apparent in the 0.90th quintile, terrorism dynamics affect capital flight in low quintiles of the capital flight distribution. In other words, terrorism increases capital flight for the most part when initial levels of capital flight are low. Policy implications are discussed. |