Remittances, the diffusion of information and industrialisation in Africa

Asongu, Simplice A.; Odhiambo, Nicholas M.

doi:10.1080/21582041.2019.1618898

Cited by 30 publications

(27 citation statements)

References 77 publications

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“…The limited control variables are adopted to eliminate issues surrounding instrument proliferation that could significantly bias the coefficient estimates. This procedure is consistent with GMMcentric empirical studies that select less than three control variables (Asongu & Odhiambo, 2020c;Kavya & Shijin, 2020). In addition, we expect these control variables to influence tax performance in Sub-Saharan Africa.…”

Section: Introductionsupporting

confidence: 80%

“…Following recent GMM-centric literature, the GMM empirical method is used for this present study bearing in mind the specific four factors identified by prior studies (Asongu & Odhiambo, 2020a, 2020cFosu, 2017;Tchamyou, 2019Tchamyou, , 2020a. These fundamental factors include; (i) The number of the countries considered in this study (i.e.…”

Section: Gmm Specificationmentioning

confidence: 99%

“…N>T) that warrants the adoption of the approach is met. (ii) The adopted three indicators of tax performance remain persistent as the correlation between their respective level, and first lag values exceed 0.800, which is the criterion for establishing persistence (Asongu & Odhiambo, 2020c;Tchamyou et al, 2020aTchamyou et al, , 2020b. (iii) The panel structure unveils that cross-country variations are taken into consideration in the estimation approach.…”

Section: Gmm Specificationmentioning

confidence: 99%

See 2 more Smart Citations

Promoting female economic inclusion for tax performance in Sub-Saharan Africa

Asongu

Adegboye

Nnanna³

2021

Economic Analysis and Policy

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Section: Introductionsupporting

confidence: 80%

Section: Gmm Specificationmentioning

confidence: 99%

Section: Gmm Specificationmentioning

confidence: 99%

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Promoting female economic inclusion for tax performance in Sub-Saharan Africa

Asongu

Adegboye

Nnanna³

2021

Economic Analysis and Policy

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“…In another study on knowledge transfer, Asongu and Odhiambo (2019c) assessed the role of information diffusion on remittances for industrialisation using a panel of 49 African countries for the period 1980 to 2014. The authors concluded that significant linkages between ICT, remittances and industrialisation were more apparent when initial levels of industrialisation were taken on board in the estimation technique.…”

Section: Building Knowledge Economies In Africamentioning

confidence: 99%

Building knowledge economies in Africa: an introduction

Asongu

Kuada

2020

Contemporary Social Science

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Knowledge has emerged as a fundamental driver of economic growth and development by inter alia improving the effectiveness and efficiency of economic projects and boosting the process of finding new avenues of addressing developmental policy syndromes. Recent evidence suggests that Africa is on the threshold of significant and sustainable economic growth if its human and material resources can be effectively mobilised to support the process (Kuada & Mensah, 2017;Asongu & Tchamyou, 2019). Consequently, the World Bank's Knowledge Economy Framework aims to explore and support the extent to which current policies in African countries affect the knowledge development process (and thereby competitiveness) on the continent. A knowledge economy is an economy in which economic prosperity largely depends on the accessibility, quality and quantity of information available, instead of the means of production (Asongu, 2017a(Asongu, , 2017b. This themed issue of Contemporary Social Science-'Building Knowledge Economies in Africa' -consists of papers that focus on, but are not limited to, the four dimensions of the World Bank's Knowledge Economy Index. These are: information and communication technology, education, economic incentives and institutional regime, and innovation (Tchamyou, 2017). The themed issue engages with high quality contributions which, taken together, address the drivers towards knowledge-based economies. This introduction provides a context for understanding the importance of building knowledge economies in Africa and summarises the main contributions to the themed issue. The paper ends by advising scholars and policy makers regarding the risks associated with a colonial view of knowledge-notably the importance of proposing knowledge-based policies while avoiding hegemonic paradigms and hierarchical constructs. In summary, the issue consists of a set of theoretically informed, empirically robust, policy-relevant and accessible articles for both specialists and non-specialists.

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“…Statistics shows that between 2015 and 2020, the real growth rate of gross domestic product of West Africa lagged behind that of East and North Africa (African Economic Outlook, 2019) (See Table 1). The poor industrial performance and by extension weak economic growth and development in West Africa has been attributed to a host of factors including infrastructure deficit (with poor road and transportation network, non-functional ports, inadequate power supply), non-innovative financing options (Onye, Akpama and Ikegwuonu, 2020;Effiom, 2020;Effiom and Agala, 2020), and inadequate capital to finance industrial expansion (Tibebe and Mollick, 2017;Asongu and Odhiambo, 2020). Having reviewed majority of the extant literature on this subject matter, we have not found to the best of our knowledge studies that x-ray the role of institutions in modifying the impact of renewable energy consumption on industrial performance in West Africa.…”

Section: Introductionmentioning

confidence: 99%

Institutions, renewable energy consumption and industrial performance in West Africa

Eke

Agala

Oburota

2020

Preprint

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This study examined the role of institutions in modifying the impact of renewable energy consumption on industrial performance in West Africa, and how the relationship differ across countries within the sub region based on income classification. The Driscoll-Kraay standard error and the panel-corrected standard error (PCSE) techniques were utilized to estimate the fixed effects and random effects models, respectively. Institutional quality index was computed using the principal component analysis (PCA). The results reported that renewable energy consumption enhances industrial performance in West Africa and in low-income countries (LICs). However, when institutional quality is interacted with renewable energy consumption, there is a dampening impact on industrial performance not only in West Africa but also in lower-middle-income countries (LMICs). This implies that improving the quality of institutions in West Africa would be instrumental to sustaining and deepening the impact of renewable energy consumption on industrial performance.JEL ClassificationC33, L60, Q40.

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Remittances, the diffusion of information and industrialisation in Africa

Cited by 30 publications

References 77 publications

Promoting female economic inclusion for tax performance in Sub-Saharan Africa

Promoting female economic inclusion for tax performance in Sub-Saharan Africa

Building knowledge economies in Africa: an introduction

Institutions, renewable energy consumption and industrial performance in West Africa

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