AGDI currently has about 300 publications.
2020 |
|
| 41. | Adekunle, Haneefat Egberongbe Sefiu Onitilo Idris Abdullahi Hafeez Adekola Ibrahim O A N A A 2020. Abstract | Links | BibTeX | Tags: Corruption, Development, Mathematical Models, SIR Models @unpublished{Asongu_44, author = {Haneefat Egberongbe Sefiu Onitilo Idris Abdullahi O A N Hafeez A. Adekola Ibrahim A. Adekunle}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Mathematical-Modelling-for-Infectious-Viral-Disease-the-Covid-19-Perspective.pdf}, year = {2020}, date = {2020-07-21}, abstract = {In this study, we examined various forms of mathematical models that are relevant for the containment, risk analysis and features of COVID-19. Greater emphasis was laid on the extension of the Susceptible-Infectious-Recovered (SIR) models for policy relevance in the time of COVID-19. These mathematical models play a significant role in the understanding of COVID-19 transmission mechanisms, structures and features. Considering that the disease has spread sporadically around the world, causing large scale socioeconomic disruption unwitnessed in contemporary ages since World War II, researchers, stakeholders, government and the society at large are actively engaged in finding ways to reduce the rate of infection until a cure or vaccination procedure is established. We advanced argument for the various forms of the mathematical models of epidemics and highlighted their relevance in the containment of COVID-19 at the present time. Mathematical models address the need for understanding the transmission dynamics and other significant factors of the disease that would aid policymakers to make accurate decisions and reduce the rate of transmission of the disease.}, keywords = {Corruption, Development, Mathematical Models, SIR Models}, pubstate = {published}, tppubtype = {unpublished} } In this study, we examined various forms of mathematical models that are relevant for the containment, risk analysis and features of COVID-19. Greater emphasis was laid on the extension of the Susceptible-Infectious-Recovered (SIR) models for policy relevance in the time of COVID-19. These mathematical models play a significant role in the understanding of COVID-19 transmission mechanisms, structures and features. Considering that the disease has spread sporadically around the world, causing large scale socioeconomic disruption unwitnessed in contemporary ages since World War II, researchers, stakeholders, government and the society at large are actively engaged in finding ways to reduce the rate of infection until a cure or vaccination procedure is established. We advanced argument for the various forms of the mathematical models of epidemics and highlighted their relevance in the containment of COVID-19 at the present time. Mathematical models address the need for understanding the transmission dynamics and other significant factors of the disease that would aid policymakers to make accurate decisions and reduce the rate of transmission of the disease. |
| 42. | Adekunle, Olakitan Ogunbanjo Jamiu Folorunso Thompson Akinbolaji Idowu Olawoye Festus Odeyemi Ibrahim W B B A A 2020. Abstract | Links | BibTeX | Tags: COVID-19, Laboratory responses @unpublished{Asongu_43, author = {Olakitan Ogunbanjo Jamiu Folorunso Thompson Akinbolaji Idowu Olawoye W B B Festus A. Odeyemi Ibrahim A. Adekunle}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Gauging-the-Laboratory-Responses-to-Coronavirus-Disease-in-Africa.pdf}, year = {2020}, date = {2020-07-21}, abstract = {The rampaging effect of coronavirus disease (COVID-19) in Africa is huge and have impacted almost every area of life. Across African states, there exist variations in the laboratory measures adopted, and these heterogeneous approaches, in turn, determines the successes or otherwise recorded. In this study, we assessed the various forms of laboratory responses to the containment, risk analyses, structures and features of COVID-19 in high incidence African countries (Nigeria, South Africa, Egypt, Ghana, Algeria, Morocco, etc.) to aid better and efficient laboratory responses to the highly infectious diseases.}, keywords = {COVID-19, Laboratory responses}, pubstate = {published}, tppubtype = {unpublished} } The rampaging effect of coronavirus disease (COVID-19) in Africa is huge and have impacted almost every area of life. Across African states, there exist variations in the laboratory measures adopted, and these heterogeneous approaches, in turn, determines the successes or otherwise recorded. In this study, we assessed the various forms of laboratory responses to the containment, risk analyses, structures and features of COVID-19 in high incidence African countries (Nigeria, South Africa, Egypt, Ghana, Algeria, Morocco, etc.) to aid better and efficient laboratory responses to the highly infectious diseases. |
| 43. | Adekunle, Ayomide Ogunade Isiaq Oseni Ibrahim O O A 2020. Abstract | Links | BibTeX | Tags: Fiscal Vulnerability; Transport @unpublished{Asongu_42, author = {Ayomide Ogunade O Isiaq O. Oseni Ibrahim A. Adekunle}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Fiscal-Vulnerability-and-Transport-Infrastructure-Development-in-Nigeria.pdf}, year = {2020}, date = {2020-07-21}, abstract = {In spite of the massive revenue emanating from oil wealth, the successive government of Nigeria failed to give to its citizenry the dividend of democracy owing in large part to their inability to establish a market clearing situation because of inadequate linkage between the sources and the markets (transport infrastructures). An enquiry into the cause and potential solutions to the problems of transport infrastructure development in Nigeria informed the need to regress indices of fiscal vulnerability on the indicator of transport infrastructure development in Nigeria from 1986 through 2017 using the dynamic ordinary least squares regression technique. Results show that high-levelfiscal vulnerability deters optimal government expenditure on transport infrastructure development in Nigeria. Based on the findings of the study, itis recommended that government should do more to block all leakages of fiscal revenues and subsequently ensure that more allocation is channelled into transporting infrastructure development because of its forward and backward linkages.}, keywords = {Fiscal Vulnerability; Transport}, pubstate = {published}, tppubtype = {unpublished} } In spite of the massive revenue emanating from oil wealth, the successive government of Nigeria failed to give to its citizenry the dividend of democracy owing in large part to their inability to establish a market clearing situation because of inadequate linkage between the sources and the markets (transport infrastructures). An enquiry into the cause and potential solutions to the problems of transport infrastructure development in Nigeria informed the need to regress indices of fiscal vulnerability on the indicator of transport infrastructure development in Nigeria from 1986 through 2017 using the dynamic ordinary least squares regression technique. Results show that high-levelfiscal vulnerability deters optimal government expenditure on transport infrastructure development in Nigeria. Based on the findings of the study, itis recommended that government should do more to block all leakages of fiscal revenues and subsequently ensure that more allocation is channelled into transporting infrastructure development because of its forward and backward linkages. |
| 44. | Vu, Simplice Asongu Khuong Technological Forecasting and Social Change, Volume 159 (October 2020), pp. 120197, 2020. Abstract | Links | BibTeX | Tags: developing countries; internet @article{Asongu_41, author = {Simplice Asongu Khuong Vu}, url = {https://doi.org/10.1016/j.techfore.2020.120197}, doi = {10.1016/j.techfore.2020.120197}, year = {2020}, date = {2020-07-21}, journal = {Technological Forecasting and Social Change}, volume = {Volume 159}, number = {October 2020}, pages = {120197}, abstract = {This paper seeks to gain insights into whether developing countries benefit more from the backwardness advantage for economic growth in the Information Age. The paper examines this concern through three complementary approaches. First, it derives theoretical grounds from the existing economic models to support the hypothesis that the internet, inter alia, enables developing countries to reap greater growth gains from technology acquisition and catch-up. Second, the paper uses descriptive evidence to show that the growth landscape has indeed shifted decisively in favor of developing countries in the Internet Age in comparison to the pre-internet period. Third, using rigorous econometric techniques with data of 163 countries over a 20-year period, 1996–2016, the paper evidences that developing countries on average reap significantly greater growth gains from internet adoption in comparison to the average advanced country. The paper discusses policy implications from the paper's findings.}, keywords = {developing countries; internet}, pubstate = {published}, tppubtype = {article} } This paper seeks to gain insights into whether developing countries benefit more from the backwardness advantage for economic growth in the Information Age. The paper examines this concern through three complementary approaches. First, it derives theoretical grounds from the existing economic models to support the hypothesis that the internet, inter alia, enables developing countries to reap greater growth gains from technology acquisition and catch-up. Second, the paper uses descriptive evidence to show that the growth landscape has indeed shifted decisively in favor of developing countries in the Internet Age in comparison to the pre-internet period. Third, using rigorous econometric techniques with data of 163 countries over a 20-year period, 1996–2016, the paper evidences that developing countries on average reap significantly greater growth gains from internet adoption in comparison to the average advanced country. The paper discusses policy implications from the paper's findings. |
| 45. | Vu, Simplice Asongu Khuong 2020. Abstract | Links | BibTeX | Tags: developing countries; internet @unpublished{Asongu_40, author = {Simplice Asongu Khuong Vu}, url = {http://publications.excas.org/RePEc/exs/exs-wpaper/Backwardness-Advantage-and-Economic-Growth-in-the-Information-Age.pdf}, year = {2020}, date = {2020-07-21}, abstract = {This paper seeks to gain insights into whether developing countries benefit more from the backwardness advantage for economic growth in the Information Age. The paper examines this concern through three complementary approaches. First, it derives theoretical grounds from the existing economic models to support the hypothesis that the internet, inter alia, enables developing countries to reap greater growth gains from technology acquisition and catch-up. Second, the paper uses descriptive evidence to show that the growth landscape has indeed shifted decisively in favor of developing countries in the Internet Age in comparison to the pre-internet period. Third, using rigorous econometric techniques with data of 163 countries over a 20-year period, 1996-2016, the paper evidences that developing countries on average reap significantly greater growth gains from internet adoption in comparison to the average advanced country. The paper discusses policy implications from the paper’s findings.}, keywords = {developing countries; internet}, pubstate = {published}, tppubtype = {unpublished} } This paper seeks to gain insights into whether developing countries benefit more from the backwardness advantage for economic growth in the Information Age. The paper examines this concern through three complementary approaches. First, it derives theoretical grounds from the existing economic models to support the hypothesis that the internet, inter alia, enables developing countries to reap greater growth gains from technology acquisition and catch-up. Second, the paper uses descriptive evidence to show that the growth landscape has indeed shifted decisively in favor of developing countries in the Internet Age in comparison to the pre-internet period. Third, using rigorous econometric techniques with data of 163 countries over a 20-year period, 1996-2016, the paper evidences that developing countries on average reap significantly greater growth gains from internet adoption in comparison to the average advanced country. The paper discusses policy implications from the paper’s findings. |
| 46. | K., Asongu Zuping Addis Shifaw Addis S A Z H K E A African Security Review, 2020. Abstract | Links | BibTeX | Tags: Ethiopia; Eritrea; Protests @article{Asongu_45, author = {Asongu Zuping Addis Shifaw S A Z H K E Addis A. K.}, url = {https://www.tandfonline.com/doi/full/10.1080/10246029.2020.1783333}, doi = {10.1080/10246029.2020.1783333}, year = {2020}, date = {2020-07-20}, journal = {African Security Review}, abstract = {This article is designed to provide an overview of the historical and contemporary relations between Ethiopia and Eritrea as well as to examine the recent geopolitical situation and the perception of local people in Ethiopia. This paper is mainly based on secondary data analysis of the available secondary information and news reports, online articles, academic literature, interviews and discussions. The Ethio-Eritrea war brought political, economic and social security threats to the Horn of Africa. Although the economy in Ethiopia is at the developing stage, recent protests have shaken the country to its core. Since 2015, anti-government protests have been triggered over freedom of the press, land rights, under-represented seats in the coalition parties, and horizontal inequality in economic, political and social affairs among ethnic groups across the country. In this study, it is established that the unrestrained political circumstance of the current regime has created dissension and violence among the public, and thus led to escalating political, economic and security crises in Ethiopia. If this issue is not rectified quickly, the peace in the country may be jeopardised. Another issue is that although Ethiopia-Eritrea rapprochement is appreciated, the agreement between both leaders and their foreign policy orientation is still unclear.}, keywords = {Ethiopia; Eritrea; Protests}, pubstate = {published}, tppubtype = {article} } This article is designed to provide an overview of the historical and contemporary relations between Ethiopia and Eritrea as well as to examine the recent geopolitical situation and the perception of local people in Ethiopia. This paper is mainly based on secondary data analysis of the available secondary information and news reports, online articles, academic literature, interviews and discussions. The Ethio-Eritrea war brought political, economic and social security threats to the Horn of Africa. Although the economy in Ethiopia is at the developing stage, recent protests have shaken the country to its core. Since 2015, anti-government protests have been triggered over freedom of the press, land rights, under-represented seats in the coalition parties, and horizontal inequality in economic, political and social affairs among ethnic groups across the country. In this study, it is established that the unrestrained political circumstance of the current regime has created dissension and violence among the public, and thus led to escalating political, economic and security crises in Ethiopia. If this issue is not rectified quickly, the peace in the country may be jeopardised. Another issue is that although Ethiopia-Eritrea rapprochement is appreciated, the agreement between both leaders and their foreign policy orientation is still unclear. |
| 47. | Nnanna, Paul Acha-Anyi Simplice Asongu Joseph N A 2020. Abstract | Links | BibTeX | Tags: Africa; Finance; Gender @unpublished{Asongu_46, author = {Paul Acha-Anyi N Simplice A. Asongu Joseph Nnanna}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Finance-inequality-and-inclusive-education-in-Sub-Saharan-Africa.pdf}, year = {2020}, date = {2020-07-19}, abstract = {This research complements the extant literature by establishing inequality critical masses that should not be exceeded in order for financial access to promote gender parity inclusive education in Sub-Saharan Africa. The focus is on 42 countries in the sub-region and the data is for the period 2004-2014. The estimation approach is the Generalized Method of Moments. When remittances are involved in the conditioning information set, the Palma ratio should not exceed 6.000 in order for financial access to promote gender parity inclusive “primary and secondary education” and the Atkinson index should not exceed 0.695 in order for financial access to promote inclusive tertiary education. However, when the internet is involved in the conditioning information set, it is established that in order for financial access to promote inclusive primary and secondary education, the: (i) Gini coefficient should not exceed 0.571; (ii) Atkinson index should not be above 0.750 and (iii) Palma ratio should be maintained below 8.000. Irrespective of variable in the conditioning information set, what is apparent is that inequality decreases the incidence of financial access on inclusive education. Hence, a common policy measure is to reduce inequality in order to promote inclusive education using the financial access mechanism. Policy implications are discussed in the light of Sustainable Development Goals.}, keywords = {Africa; Finance; Gender}, pubstate = {published}, tppubtype = {unpublished} } This research complements the extant literature by establishing inequality critical masses that should not be exceeded in order for financial access to promote gender parity inclusive education in Sub-Saharan Africa. The focus is on 42 countries in the sub-region and the data is for the period 2004-2014. The estimation approach is the Generalized Method of Moments. When remittances are involved in the conditioning information set, the Palma ratio should not exceed 6.000 in order for financial access to promote gender parity inclusive “primary and secondary education” and the Atkinson index should not exceed 0.695 in order for financial access to promote inclusive tertiary education. However, when the internet is involved in the conditioning information set, it is established that in order for financial access to promote inclusive primary and secondary education, the: (i) Gini coefficient should not exceed 0.571; (ii) Atkinson index should not be above 0.750 and (iii) Palma ratio should be maintained below 8.000. Irrespective of variable in the conditioning information set, what is apparent is that inequality decreases the incidence of financial access on inclusive education. Hence, a common policy measure is to reduce inequality in order to promote inclusive education using the financial access mechanism. Policy implications are discussed in the light of Sustainable Development Goals. |
| 48. | Odo, Davidmac Ekeocha Chimere Iheonu Kingsley O O O 2020. Abstract | Links | BibTeX | Tags: Democracy; Governance; Militarisation @unpublished{Asongu_51, author = {Davidmac Ekeocha O Chimere O. Iheonu Kingsley O. Odo}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Estimating-the-effect-of-Democracy-Governance-and-Militarisation-on-Peace-in-Africa.pdf}, year = {2020}, date = {2020-07-10}, abstract = {Peace has been deemed paramount to socioeconomic progress and economic development across nations. It is for this reason nations strive to improve the peaceful coexistence of citizens. This study investigates the effect of democracy, governance and militarisation on peace in 43 African countries for the year 2018 in a cross sectional framework. The Ordinary Least Square (OLS), the Tobit regression and the Quantile Regression (QR) were employed as estimation strategies. The empirical results firstly reveal that democracy increases peace in Africa, particularly in countries where the initial level of peace is at its highest level. Secondly, militarisation of Africa reduces peace in the region only in countries where the initial level of peace is at its highest level. Thirdly, the influence of governance on peace in Africa depends majorly on the measure of governance utilised. The control of corruption, government effectiveness and regulatory quality increase peace where the initial level of peace is at its lowest level. Political stability increases peace across the entire quantiles utilised while rule of law increases peace in countries where the initial level of peace is low. In conclusion, governance in general increases peace in the countries where initial level of peace is very low. Policy recommendations based on these findings are discussed.}, keywords = {Democracy; Governance; Militarisation}, pubstate = {published}, tppubtype = {unpublished} } Peace has been deemed paramount to socioeconomic progress and economic development across nations. It is for this reason nations strive to improve the peaceful coexistence of citizens. This study investigates the effect of democracy, governance and militarisation on peace in 43 African countries for the year 2018 in a cross sectional framework. The Ordinary Least Square (OLS), the Tobit regression and the Quantile Regression (QR) were employed as estimation strategies. The empirical results firstly reveal that democracy increases peace in Africa, particularly in countries where the initial level of peace is at its highest level. Secondly, militarisation of Africa reduces peace in the region only in countries where the initial level of peace is at its highest level. Thirdly, the influence of governance on peace in Africa depends majorly on the measure of governance utilised. The control of corruption, government effectiveness and regulatory quality increase peace where the initial level of peace is at its lowest level. Political stability increases peace across the entire quantiles utilised while rule of law increases peace in countries where the initial level of peace is low. In conclusion, governance in general increases peace in the countries where initial level of peace is very low. Policy recommendations based on these findings are discussed. |
| 49. | Asongu, Kingsley Odo Patrick Ojiem Chimere Iheonu Simplice O K O A 2020. Abstract | Links | BibTeX | Tags: Financial Sector Development; Investment @unpublished{Asongu_50, author = {Kingsley Odo Patrick Ojiem O K Chimere O. Iheonu Simplice A. Asongu}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Financial-Sector-Development-and-Investment-in-Selected-ECOWAS-Countries.pdf}, year = {2020}, date = {2020-07-10}, abstract = {This study investigated the impact of financial sector development on domestic investment in selected Economic Community of West African States (ECOWAS) countries for the years 1985 to 2017. The study employed the Augmented Mean Group procedure which accounts for country specific heterogeneity and cross sectional dependence, and the Granger non-causality test robust to cross sectional dependence. The result reveals that (1) the impact of financial sector development on domestic investment depends on the measure of financial sector development utilised, (2) domestic credit to the private sector has a positive but insignificant impact on domestic investment in ECOWAS while banking intermediation efficiency (i.e. ability of the banks to transform deposits into credit) and broad money supply negatively and significant influence domestic investment, (3) cross country differences exist on the impact of financial sector development on domestic investment in the selected ECOWAS countries, and (4) domestic credit to the private sector Granger causes domestic investment in ECOWAS. The study recommends cautiousness in terms of the measure of financial development which is being utilised as a policy instrument to foster domestic investment as well as the importance of employing country-specific domestic investment policies in order to avoid blanket policy measures. Also, domestic credit to the private sector should be given priority when forecasting domestic investment into the future.}, keywords = {Financial Sector Development; Investment}, pubstate = {published}, tppubtype = {unpublished} } This study investigated the impact of financial sector development on domestic investment in selected Economic Community of West African States (ECOWAS) countries for the years 1985 to 2017. The study employed the Augmented Mean Group procedure which accounts for country specific heterogeneity and cross sectional dependence, and the Granger non-causality test robust to cross sectional dependence. The result reveals that (1) the impact of financial sector development on domestic investment depends on the measure of financial sector development utilised, (2) domestic credit to the private sector has a positive but insignificant impact on domestic investment in ECOWAS while banking intermediation efficiency (i.e. ability of the banks to transform deposits into credit) and broad money supply negatively and significant influence domestic investment, (3) cross country differences exist on the impact of financial sector development on domestic investment in the selected ECOWAS countries, and (4) domestic credit to the private sector Granger causes domestic investment in ECOWAS. The study recommends cautiousness in terms of the measure of financial development which is being utilised as a policy instrument to foster domestic investment as well as the importance of employing country-specific domestic investment policies in order to avoid blanket policy measures. Also, domestic credit to the private sector should be given priority when forecasting domestic investment into the future. |
| 50. | Odhiambo, Simplice Asongu Sheilla Nyasha Nicholas A M 2020. Abstract | Links | BibTeX | Tags: Tourism Development; Economic Growth @article{Asongu_49, author = {Simplice Asongu A Sheilla Nyasha Nicholas M Odhiambo}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/The-Impact-of-Tourism-Development-on-Economic-Growth-in-Sub-Saharan-Africa.pdf}, year = {2020}, date = {2020-07-10}, abstract = {This study examines the dynamic impact of tourism development on economic growth in sub-Saharan Africa (SSA) using the Generalised Method of Moments and data covering the period from 2002 to 2018. The increasingly important role of tourism and the limelight the tourism sector has been enjoying of late, on the one hand, and the lack of sufficient coverage of tourism-growth nexus studies in Africa in general and in SSA in particular, motivated this study. Unlike most of the known panel data-based studies on tourism development and economic growth, this study has split the sub-Saharan African countries into low-income and middle-income sub-Saharan African countries. The results of the study show that tourism expenditure negatively affects economic growth while tourism receipts have the opposite effect in SSA. The findings are robust to the low-income sub-sample while only the effect of tourism expenditure is robust in the middle-income sub-sample.}, keywords = {Tourism Development; Economic Growth}, pubstate = {published}, tppubtype = {article} } This study examines the dynamic impact of tourism development on economic growth in sub-Saharan Africa (SSA) using the Generalised Method of Moments and data covering the period from 2002 to 2018. The increasingly important role of tourism and the limelight the tourism sector has been enjoying of late, on the one hand, and the lack of sufficient coverage of tourism-growth nexus studies in Africa in general and in SSA in particular, motivated this study. Unlike most of the known panel data-based studies on tourism development and economic growth, this study has split the sub-Saharan African countries into low-income and middle-income sub-Saharan African countries. The results of the study show that tourism expenditure negatively affects economic growth while tourism receipts have the opposite effect in SSA. The findings are robust to the low-income sub-sample while only the effect of tourism expenditure is robust in the middle-income sub-sample. |
