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
2015 |
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| 1. | Asongu, Simplice A Book Chapter Karkowska, Renata (Ed.): Chapter 6, pp. 121-143, ASER Publishing and Thomson Reuters., 2015. Abstract | BibTeX | Tags: Liberalization policies; Capital return; Africa @inbook{Asongu_632, author = {Simplice A Asongu}, editor = {Renata Karkowska}, year = {2015}, date = {2015-08-05}, pages = {121-143}, publisher = {ASER Publishing and Thomson Reuters.}, chapter = {6}, abstract = {This chapter complements exiting African liberalization literature by providing fresh patterns of two main areas. First, it assesses whether African banking institutions have benefited from liberalization policies in terms of bank returns. Second, it models bank return and return uncertainty in the context of openness policies to examine fresh patterns for the feasibility of common policy initiatives. The empirical evidence is based on 28 African countries for the period 1999-2010. Varying non-overlapping intervals and autoregressive orders are employed for robustness purposes. The findings show that, while trade openness has increased bank returns and return uncertainties, financial openness and institutional liberalization have decreased bank returns and reduced return uncertainty respectively. But for some scanty evidence of convergence in return on equity, there is overwhelming absence of catch-up among sampled countries. Implications for regional integration and portfolio diversification are discussed.}, keywords = {Liberalization policies; Capital return; Africa}, pubstate = {published}, tppubtype = {inbook} } This chapter complements exiting African liberalization literature by providing fresh patterns of two main areas. First, it assesses whether African banking institutions have benefited from liberalization policies in terms of bank returns. Second, it models bank return and return uncertainty in the context of openness policies to examine fresh patterns for the feasibility of common policy initiatives. The empirical evidence is based on 28 African countries for the period 1999-2010. Varying non-overlapping intervals and autoregressive orders are employed for robustness purposes. The findings show that, while trade openness has increased bank returns and return uncertainties, financial openness and institutional liberalization have decreased bank returns and reduced return uncertainty respectively. But for some scanty evidence of convergence in return on equity, there is overwhelming absence of catch-up among sampled countries. Implications for regional integration and portfolio diversification are discussed. |
2014 |
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| 2. | Asongu, Simplice A Fresh Patterns of Liberalization, Bank Return and Return Uncertainty in Africa 2014. Abstract | Links | BibTeX | Tags: Liberalization policies; Capital return; Africa @workingpaper{Asongu2014bv, title = {Fresh Patterns of Liberalization, Bank Return and Return Uncertainty in Africa}, author = {Simplice A Asongu}, editor = {African 2014 Governance and Development Institute WP/14/004}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Fresh-Patterns-on-Bank-Return-and-Return-Uncertainty-in-Africa.pdf}, year = {2014}, date = {2014-01-01}, abstract = {This chapter complements exiting African liberalization literature by providing fresh patterns of two main areas. First, it assesses whether African banking institutions have benefited from liberalization policies in terms of bank returns. Second, it models bank return and return uncertainty in the context of openness policies to examine fresh patterns for the feasibility of common policy initiatives. The empirical evidence is based on 28 African countries for the period 1999-2010. Varying non-overlapping intervals and autoregressive orders are employed for robustness purposes. The findings show that, while trade openness has increased bank returns and return uncertainties, financial openness and institutional liberalization have decreased bank returns and reduced return uncertainty respectively. But for some scanty evidence of convergence in return on equity, there is overwhelming absence of catch-up among sampled countries. Implications for regional integration and portfolio diversification are discussed.}, keywords = {Liberalization policies; Capital return; Africa}, pubstate = {published}, tppubtype = {workingpaper} } This chapter complements exiting African liberalization literature by providing fresh patterns of two main areas. First, it assesses whether African banking institutions have benefited from liberalization policies in terms of bank returns. Second, it models bank return and return uncertainty in the context of openness policies to examine fresh patterns for the feasibility of common policy initiatives. The empirical evidence is based on 28 African countries for the period 1999-2010. Varying non-overlapping intervals and autoregressive orders are employed for robustness purposes. The findings show that, while trade openness has increased bank returns and return uncertainties, financial openness and institutional liberalization have decreased bank returns and reduced return uncertainty respectively. But for some scanty evidence of convergence in return on equity, there is overwhelming absence of catch-up among sampled countries. Implications for regional integration and portfolio diversification are discussed. |