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
Publications List
2020 |
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| 1. | Asongu, Charles Andoh David Adeabah Simplice A 2020. Abstract | Links | BibTeX | Tags: Mobile phones, Pension, remittances @unpublished{Asongu_33, author = {Charles Andoh David Adeabah Simplice A. Asongu}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Remittances-ICT-and-Pension-Income-Coverage-The-International-Evidence.pdf}, year = {2020}, date = {2020-08-08}, abstract = {This study examines the impact of remittances and information and communication technology (ICT) on pension at the country level. Our empirical evidence, based on data from 96 countries, indicate a significant non-linearity between remittances, ICT and pension income coverage. First, we find a convex relation between remittances and pension income coverage, indicating that increases in remittance, initially decreases pension income coverage, but as remittance increases beyond a certain point, so too does pension income coverage. This inflection point, where the effect of remittances turns from negative to positive, is estimated to be around 3.09% of GDP. Second, we document a concave relationship between ICT (i.e. mobile subscription and internet penetration) and pension income coverage. An increase in ICT results in increased pension income coverage. However, when ICT reaches a certain point, any further increase is associated with lower pension income coverage. The estimated optimal point is found to be around 140.14 subscriptions (per 100 people) for mobile phone and 27.93 (per 100 people) for internet penetration, respectively. Other implications are discussed.}, keywords = {Mobile phones, Pension, remittances}, pubstate = {published}, tppubtype = {unpublished} } This study examines the impact of remittances and information and communication technology (ICT) on pension at the country level. Our empirical evidence, based on data from 96 countries, indicate a significant non-linearity between remittances, ICT and pension income coverage. First, we find a convex relation between remittances and pension income coverage, indicating that increases in remittance, initially decreases pension income coverage, but as remittance increases beyond a certain point, so too does pension income coverage. This inflection point, where the effect of remittances turns from negative to positive, is estimated to be around 3.09% of GDP. Second, we document a concave relationship between ICT (i.e. mobile subscription and internet penetration) and pension income coverage. An increase in ICT results in increased pension income coverage. However, when ICT reaches a certain point, any further increase is associated with lower pension income coverage. The estimated optimal point is found to be around 140.14 subscriptions (per 100 people) for mobile phone and 27.93 (per 100 people) for internet penetration, respectively. Other implications are discussed. |
2018 |
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| 2. | A., Nwachukwu & Aziz Asongu J C A S Journal of Global Information Technology Management, 2018. Abstract | Links | BibTeX | Tags: Africa, Development, Mobile phones, Panel data @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} } 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. |
2015 |
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| 3. | Asongu, Simplice A Journal of the Knowledge Economy, pp. 1-55, 2015. Abstract | Links | BibTeX | Tags: Africa, Development, Mobile banking, Mobile phones @article{Asongu_615, author = {Simplice A Asongu}, url = {http://link.springer.com/article/10.1007/s13132-015-0322-z}, doi = {10.1007/s13132-015-0322-z}, year = {2015}, date = {2015-10-01}, journal = {Journal of the Knowledge Economy}, pages = {1-55}, abstract = {Using 25 policy variables, this study investigates determinants of mobile phone/banking in 49 sub-Saharan African countries with data for the year 2011. The determinants are classified into six policy categories, notably macroeconomic, business/bank, market-related, knowledge economy, external flows and human development. The empirical evidence is based on contemporary and non-contemporary quantile regressions. The following implications are relevant to the findings. First, mobile phone penetration is positively correlated with (i) education, domestic savings, regulation quality and patent applications, especially at low initial levels of mobile penetration; (ii) bank density; (iii) urban population density and (iv) internet penetration. Second, the use of the mobile to pay bills is positively linked with (i) trade and internet penetration, especially in contemporary specifications and (ii) remittances and patent applications, especially at low initial levels of the dependent variable. Third, using the mobile to send/receive money is positively correlated with internet penetration and human development, especially in the contemporary specifications. Fourth, mobile banking is positively linked with (i) trade in contemporary specifications, (ii) remittances and patent applications at low initial levels of the dependent variable and (iii) internet penetration and human development, with contemporary threshold evidence. The policy implications are articulated with incremental policy syndromes.}, keywords = {Africa, Development, Mobile banking, Mobile phones}, pubstate = {published}, tppubtype = {article} } Using 25 policy variables, this study investigates determinants of mobile phone/banking in 49 sub-Saharan African countries with data for the year 2011. The determinants are classified into six policy categories, notably macroeconomic, business/bank, market-related, knowledge economy, external flows and human development. The empirical evidence is based on contemporary and non-contemporary quantile regressions. The following implications are relevant to the findings. First, mobile phone penetration is positively correlated with (i) education, domestic savings, regulation quality and patent applications, especially at low initial levels of mobile penetration; (ii) bank density; (iii) urban population density and (iv) internet penetration. Second, the use of the mobile to pay bills is positively linked with (i) trade and internet penetration, especially in contemporary specifications and (ii) remittances and patent applications, especially at low initial levels of the dependent variable. Third, using the mobile to send/receive money is positively correlated with internet penetration and human development, especially in the contemporary specifications. Fourth, mobile banking is positively linked with (i) trade in contemporary specifications, (ii) remittances and patent applications at low initial levels of the dependent variable and (iii) internet penetration and human development, with contemporary threshold evidence. The policy implications are articulated with incremental policy syndromes. |
| 4. | Asongu, Simplice A International Journal of Social Economics, 42 (8), pp. 706 - 716, 2015. Abstract | Links | BibTeX | Tags: Africa, Inequality, Mobile phones, Poverty, Shadow economy @article{Asongu_641, author = {Simplice A Asongu}, url = {http://dx.doi.org/10.1108/IJSE-11-2012-0228}, doi = {10.1108/IJSE-11-2012-0228}, year = {2015}, date = {2015-07-01}, journal = {International Journal of Social Economics}, volume = {42}, number = {8}, pages = {706 - 716}, abstract = {Purpose – The purpose of this paper is to complement theoretical and qualitative literature with empirical evidence on the income-redistributive effect of mobile phone penetration in 52 African countries. Design/methodology/approach – Robust ordinary least squares and two stage least squares empirical strategies are employed. Findings – The findings suggest that mobile penetration is pro-poor, as it has a positive income equality effect. Social implications – “Mobile phone”-oriented poverty reduction channels are discussed. Originality/value – It deviates from mainstream country-specific and microeconomic survey-based approaches in the literature and provides the first macroeconomic assessment of the “mobile phone”-inequality nexus.}, keywords = {Africa, Inequality, Mobile phones, Poverty, Shadow economy}, pubstate = {published}, tppubtype = {article} } Purpose – The purpose of this paper is to complement theoretical and qualitative literature with empirical evidence on the income-redistributive effect of mobile phone penetration in 52 African countries. Design/methodology/approach – Robust ordinary least squares and two stage least squares empirical strategies are employed. Findings – The findings suggest that mobile penetration is pro-poor, as it has a positive income equality effect. Social implications – “Mobile phone”-oriented poverty reduction channels are discussed. Originality/value – It deviates from mainstream country-specific and microeconomic survey-based approaches in the literature and provides the first macroeconomic assessment of the “mobile phone”-inequality nexus. |
2013 |
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| 5. | Asongu, Simplice A Journal of African Business, 14 (1), pp. 7-18, 2013. Abstract | Links | BibTeX | Tags: Africa, Banking, Financial Development, Mobile phones, Shadow economy @article{Asongu_769, author = {Simplice A Asongu}, url = {http://www.tandfonline.com/doi/abs/10.1080/15228916.2013.765309}, doi = {10.1080/15228916.2013.765309}, year = {2013}, date = {2013-03-06}, journal = {Journal of African Business}, volume = {14}, number = {1}, pages = {7-18}, abstract = {In the first macroeconomic empirical assessment of the relationship between mobile phones and finance, the author examines the correlations between mobile phone penetration and financial development using two conflicting definitions of the financial system in the financial development literature. With the traditional International Financial Statistics (IFS) (2008) definition, mobile phone penetration has a negative correlation with traditional financial intermediary dynamics of depth, activity, and size. However, when a previously missing informal-financial sector component is integrated into the definition, mobile phone penetration has a positive correlation with informal financial development. Three implications result: There is a growing role of informal finance; mobile phone penetration may not be positively assessed at a macroeconomic level by traditional financial development indicators; and it is a wake-up call for scholarly research on informal financial development indicators that will orient monetary policy.}, keywords = {Africa, Banking, Financial Development, Mobile phones, Shadow economy}, pubstate = {published}, tppubtype = {article} } In the first macroeconomic empirical assessment of the relationship between mobile phones and finance, the author examines the correlations between mobile phone penetration and financial development using two conflicting definitions of the financial system in the financial development literature. With the traditional International Financial Statistics (IFS) (2008) definition, mobile phone penetration has a negative correlation with traditional financial intermediary dynamics of depth, activity, and size. However, when a previously missing informal-financial sector component is integrated into the definition, mobile phone penetration has a positive correlation with informal financial development. Three implications result: There is a growing role of informal finance; mobile phone penetration may not be positively assessed at a macroeconomic level by traditional financial development indicators; and it is a wake-up call for scholarly research on informal financial development indicators that will orient monetary policy. |