Human Capital Contribution to the Economic Growth of Sub-Saharan Africa: Does Health Status Matter? Evidence from Dynamic Panel Data

Author(s):  
Abel Kinyondo ◽  
Mwoya Byaro
2002 ◽  
Vol 8 (3) ◽  
pp. 177-187 ◽  
Author(s):  
G. Agiomirgianakis ◽  
D. Asteriou ◽  
V. Monastiriotis

Author(s):  
Dagim Tadesse Bekele ◽  
Adisu Abebaw Degu

Finance-growth nexus is among the main debatable issue in economics and policymaking. So, this research tried to look at the effect of financial sector development on the economic growth of 25 sub-Saharan Africa countries by using panel data for time 2010-2017. Precisely, three dynamic panel data models which look the effect of financial sector depth, access and efficiency on economic growth were estimated by two-step system GMM estimation. In this research, credit extended to the private sector per GDP, commercial bank branch per 100,000 adult population, and Return to assets were used as a proxy for financial sector depth, access, and efficiency, respectively. Accordingly, the results revealed financial sector depth, access, and efficiency have a positive and statistically significant effect on the economic growth of these countries.  It is therefore recommended for the concerned bodies that broadening the depth of financial institutions by giving more credit for the private sector is essential. Besides, the financial institutions will have to be expanded to increase their accessibility to the mass and have to take some measures which promote their efficiency. 


2021 ◽  
Vol 26 ◽  
pp. 455-465
Author(s):  
Sawssen Nafti

This paper concentrates on the empirical analysis of the pace of change in the food security situation in developing countries. We used dynamic panel data modeling by the GMM technique of Blundel and Bond (1998) during the period which range from 1990-2018 in order to estimate the relationship between the growth rate of GDP per capita and the growth rate of under nutrition prevalence in 26 developing countries belonging to the three different regions, namely Latin America, Sub-Saharan Africa and Asia. Food security was used at a national level as measured by the prevalence of under nutrition and the magnitude of the food deficit. The results of the estimates clearly show a negative relationship between economic growth rate and under nutrition prevalence; however, the economic growth of developing countries seems to be a key factor in reducing poverty and the proportion of the undernourished population.  


2019 ◽  
Vol 11 (3) ◽  
pp. 662 ◽  
Author(s):  
Ming Zhang ◽  
Xiaorong Zou ◽  
Long Sha

China’s social security expenditure has rapidly grown during the past decade, and concerns about the impact of social security on productivity and sustained economic growth have attracted attention. Based on Chinese provincial panel data over the period 2007–2016, a threshold model analysis found that the impact of social security on productivity has a “double threshold” on human capital. Using dynamic panel data models and system General Moment Method estimators also found the existence of this threshold effect: When the human capital level is low or high, social security is favorable for sustained economic growth. However, if the human capital level is at the intermediate level, the function of social security is weak. The main conclusions were still valid after we examined the robustness of our results with several methods.


Sign in / Sign up

Export Citation Format

Share Document