PUBLICATIONS

@unpublished{Asongu_508,
author = {Simplice Asongu A Uchenna R. Efobi Belmondo V. Tanankem},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Technological-Advancement-and-the-Evolving-Gender-Identities.pdf},
year = {2016},
date = {2016-12-15},
abstract = {This study investigates how technological advancement improves gender identity by means of female economic participation in a panel 48 African countries for the period 1990-2014. Two indicators are used to measure female economic participation, namely, the: female labour force participation and employment rates. Technological advancement is measured with three main indicators, notably: internet penetration, mobile phone penetration and fixed broad band subscriptions. The empirical evidence is based on Ordinary Least Squares, Fixed Effects and System Generalized Method of Moments regressions. The findings show that improvement in technology increases female economic participation with the following consistent order of increasing magnitude: mobile phone penetration; internet penetration and fixed broad band subscriptions. The findings are robust to the control for: countries’ levels in economic development; the use of contemporary technology advancement indicators; internal conflicts and political stability; the level of social globalization and the use of alternative instruments. Policy implications are discussed.},
keywords = {Technology; Inclusive development; Africa},
pubstate = {published},
tppubtype = {unpublished}
}

@unpublished{Asongu_509,
author = {Jacinta Nwachukwu C Simplice A. Asongu},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Fighting-Capital-Flight-in-Africa.Evidence-from-Governance.pdf},
year = {2016},
date = {2016-12-15},
abstract = {This study investigates the effect of governance on capital flight by bundling and unbundling governance. The empirical evidence is based on 37 African countries for the period 1996-2010 and the Generalised Method of Moments. Governance is bundled by principal component analysis, namely: (i) political governance from political stability and ‘voice and accountability’; (ii) economic governance from government effectiveness and regulation quality and (iii) institutional governance from corruption-control and the rule of law. The following findings are established. (i) Political stability and ‘voice and accountability’ reduce capital flight while the collective effect of political governance is not significant. (ii) Economic governance increases capital flight whereas the individual effects of regulation quality and government effectiveness are not significant. (iii) Corruption-control and institutional governance negatively affect capital flight whereas the impact of the rule of law is not significant. (iv) Taken together, Corruption-control is the most effective governance weapon in the fight against capital flight. (v) Priority in the Washington Consensus is more effective at fighting capital flight compared to the Beijing Model. Policy implications are discussed.},
keywords = {Econometric modelling; Capital flight; Governance; Africa},
pubstate = {published},
tppubtype = {unpublished}
}

@unpublished{Asongu_510,
author = {Ibrahim Raheem & Venessa Tchamyou D S Simplice A. Asongu},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Information-Asymmetry-and-Financial-Dollarization-in-Sub-Saharan-Africa.pdf},
year = {2016},
date = {2016-12-02},
abstract = {Financial dollarization in Sub-Saharan Africa is the most persistent compared to other regions of the world. This study complements the existing scant literature on dollarization in Africa by assessing the role of information sharing offices (public credit registries and private credit bureaus) on financial dollarization in 26 countries of SSA for the period 2001-2012. The empirical evidence is based on Ordinary Least Squares (OLS) and Generalised Method of Moments (GMM). The findings show that information sharing offices (which are designed to reduce information asymmetry) in the banking industry are a deterrent to dollarization. Policy implications are discussed.},
keywords = {Dollarization; Openness; Information Asymmetry; Africa},
pubstate = {published},
tppubtype = {unpublished}
}

@unpublished{Asongu_511,
author = {Jacinta Nwachukwu C Simplice A. Asongu},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Determinants-of-Mobile-phone-penetration-in-Sub-Saharan-Africa.pdf},
year = {2016},
date = {2016-11-26},
abstract = {Despite the evolving literature on the development benefits of mobile phones, we still know very little about factors that influence their adoption. Using twenty five 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 negative impacts 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 = {Panel data; Mobile phones; Development; Africa},
pubstate = {published},
tppubtype = {unpublished}
}

@unpublished{Asongu_512,
author = {Ivo Leke & Simplice J A Asongu},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/The-Costs-and-Benefits-of-Migration-into-the-European-Union.pdf},
year = {2016},
date = {2016-11-23},
abstract = {The purpose of this study is to dispel some myths associated with migrants in order to improve socio-economic appraisal of the consequences of the recent surge of migrants into Europe. We argue that: (i) the concern about loss of Christian cultural values is lacking in substance because compared to a relatively near historical epoch or era, very few European citizens do go to Church in contemporary Europe; (ii) the threat to European liberal institutions is falsifiable and statistically fragile because it is not substantiated with significant evidence; (iii) the insignificant proportion of the Moslem population that is aligned with Islamic fundamentalism invalidates the hypothesis on importation of radical Islamic fundamentalism and (iv) the concern about social security burden is relevant only in the short-term because of Europe’s ageing population.},
keywords = {Migration; the European Union; Development},
pubstate = {published},
tppubtype = {unpublished}
}

@unpublished{Asongu_513,
author = {Jacinta Nwachukwu C Simplice A. Asongu},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Determinants-of-Mobile-phone-penetration-in-Sub-Saharan-Africa.pdf},
year = {2016},
date = {2016-11-22},
abstract = {Despite the evolving literature on the development benefits of mobile phones, we still know very little about factors that influence their adoption. Using twenty five 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 negative impacts 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 = {Panel data; Mobile phones; Development; Africa},
pubstate = {published},
tppubtype = {unpublished}
}

@unpublished{Asongu_514,
author = {Nwachukwu J C Asongu S. A},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Globalization-and-Inclusive-Human-Development-in-Africa.pdf},
year = {2016},
date = {2016-11-17},
abstract = {This study extents the literature on responses to a recent World Bank report on the African poverty tragedy by assessing the effect of globalisation on inclusive human development in 51 African countries for the period 1996–2011. Political, economic, social and general globalisation variables are used. The empirical evidence is based on Generalised Method of Moments (GMM) and Instrumental Quantile Regressions (IQR). While estimated coefficients are not significant in GMM results, for IQR, globalisation positively affects inclusive human development and the favourable effect is higher in countries with high initial levels of inclusive development. The main economic implication is that in the post-2015 development agenda, countries would benefit more from globalisation by increasing their levels of inclusive development.},
keywords = {Globalisation; inequality; inclusive development; Africa},
pubstate = {published},
tppubtype = {unpublished}
}

@unpublished{Asongu_516,
author = {Simplice Asongu & Ibukun Beecroft A Uchenna R. Efobi Belmondo V. Tanankem},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Financial-Inclusion-Manufacturing-Firms-and-Development-in-Nigeria.pdf},
year = {2016},
date = {2016-11-14},
abstract = {This study used the matching technique to explore the impact of financial inclusion on the performance of manufacturing firms in Nigeria. Most studies that have considered financial inclusion have largely focused on household access to the services of financial institutions, but have inadvertently underexplored the impact on the performance of firms, especially in developing countries like Nigeria. On the one hand, financial inclusion is measured using a multidimensional measure, which includes (i) firms having between 20-40 percent of their working capital financed through borrowing from the bank; (ii) firms having an overdraft facility to finance their operation and (iii) firms having a line of credit or loan from a financial institution. On the other hand, firm performance is measured using the lag total annual sales value of the firm in local currency unit. From the matching estimation, we find that whereas firms perform better with the aid of access to bank services, the extent differs in relation to the type of access they have. We interpret these results as showing that financial deepening increases firms’ performance only dependent on the type of financial inclusion that is being observed.},
keywords = {Financial inclusion; Manufacturing Firms; Development; Nigeria},
pubstate = {published},
tppubtype = {unpublished}
}

@unpublished{Asongu_517,
author = {Jacinta Nwachukwu C Simplice A. Asongu},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Mobile-phones-institutions-and-entrepreneurship-in-SSA.pdf},
year = {2016},
date = {2016-11-14},
abstract = {This study investigates the role of mobile phones in governance for doing business in Sub-Saharan Africa with data from the period 2000-2012 by employing the Generalised Method of Moments. Three broad concepts of governance are explored, namely: (i) political (comprising voice & accountability and political stability/no violence), (ii) economic (involving government effectiveness and regulation quality) and (iii) institutional (including corruption-control and rule of law). Ten dimensions of entrepreneurship are considered. Two main findings are established with respect to the net effects of the interaction between mobile phones and governance dynamics. They are (1) reduced cost of business start-up procedure, the time to build a warehouse and the time to resolve an insolvency; (2) increased start-up procedure to register a business; the time to enforce a contract; the time to register a property and time to prepare and pay taxes. Implications for theory and policy are discussed.},
keywords = {Entrepreneurship; Knowledge Economy; Development; Africa},
pubstate = {published},
tppubtype = {unpublished}
}