scholarly journals Job creation, job destruction and reallocation in Sub-Saharan Africa: Firm-level evidence from Kenyan manufacturing sector

2020 ◽  
Vol 8 (1) ◽  
pp. 1782113 ◽  
Author(s):  
Stephen Esaku
Keyword(s):  
Manufacturing Sector ◽  
Job Creation ◽  
Sub Saharan Africa ◽  
Job Destruction ◽  
Firm Level ◽  
Sub Saharan

scholarly journals Competition, Competitiveness and Growth in Sub-Saharan Africa

2020 ◽  
Vol 20 (30) ◽  
Author(s):  
Reda Cherif ◽  
Sandesh Dhungana ◽  
Xiangming Fang ◽  
Jesus Gonzalez-Garcia ◽  
Yuanchen Yang ◽  
...  
Keyword(s):  
Manufacturing Sector ◽  
Emerging Market ◽  
Market Competition ◽  
Sub Saharan Africa ◽  
Foreign Firms ◽  
African Countries ◽  
Firm Level ◽  
Real Gdp Per Capita ◽  
Sub Saharan ◽  
Labor's Share

Does greater product market competition improve external competitiveness and growth? This paper examines this question by using country-and firm-level data for a sample of 39 sub-Saharan African countries over 2000–17, as well as other emerging market economies and developing countries, and finds that an improvement in domestic competition is associated with a signficant increase in real GDP per capita growth rate, achieved mainly through an improvement in export competitiveness and productivity growth. Price levels, including of essential items, are also generally lowered with an increase in competition. Moreover, at the firm-level, evidence shows that greater competition—proxied through a decline in corporate market power—is associated with an increase in firm’s investment and the labor’s share in output. These effects are more pronounced in the manufacturing sector and among domestic firms compared to foreign firms.

scholarly journals BARRIERS OF SMES’ SUSTAINABILITY IN SUB-SAHARAN AFRICA: A PLS-SEM APPROACH

2021 ◽  
Vol 9 (1) ◽  
pp. 10-24
Author(s):  
John Amoah ◽  
Abdul Bashiru Jibril ◽  
Bayuasi Nammei Luki ◽  
Michael Amponsah Odei ◽  
Charles Yawson
Keyword(s):  
Developing Countries ◽  
Developing Economies ◽  
Manufacturing Sector ◽  
Business Owners ◽  
Partial Least Square ◽  
Least Square ◽  
Sub Saharan Africa ◽  
Future Research ◽  
Global Business ◽  
Sub Saharan

Undoubtedly, entrepreneurial knowledge is a prerequisite for the survival of every business organization. To this, the contribution of Small and Medium Enterprises (SMEs) in the socio-economic development in most developing economies cannot be underestimated. Both developed and developing countries are living testimonies of their contributions to their nation’s growth and development. However, extant literature shows that as competition and innovation intensify in the global business market, many SMEs in developing countries are constrained by external forces that hinder the sustainability of these businesses.   Hence, this paper aims to find out the mitigating factors warranting SMEs’ sustainability from the viewpoint of entrepreneurs and business owners, particularly in the manufacturing sector of Ghana, a Sub-Saharan Africa region. To achieved this objective, the study deployed a simple random sampling technique with 370 valid responses through a structured questionnaire for the analysis. Relying on PLS-SEM (partial least square and structural modeling) with the aid of ADANCO 2.2.1 software version revealed that factors such as financial challenges, technology; market penetration & acceptability; and research & development are barriers facing SMEs sustainability in the Ghanaian manufacturing sector. This study would be beneficial to entrepreneurs and business owners of SMEs in most developing countries and provide deeper insight into the SME literature at large. This study would further strengthen SME entrepreneurs and business owners to fully devise strategies that can help them to override such migrating challenges and equipped them to effectively stay competitive in the long term for the firm’s growth and survival. The limitation and future research directions are equally presented in the paper.

Job Creation and Wages in Least Developed Countries: Evidence from Sub-Saharan Africa

2020 ◽  
Author(s):  
Juan Pablo Rud ◽  
Ija Trapeznikova
Keyword(s):  
Job Creation ◽  
Developed Countries ◽  
Labour Markets ◽  
Sub Saharan Africa ◽  
High Wage ◽  
Micro Data ◽  
Least Developed Countries ◽  
Developed Economies ◽  
Sector Model ◽  
Sub Saharan

Abstract Least developed economies are characterised by poorly functioning labour markets: only a small fraction of workers is in paid employment, where productivity and wages are low. We incorporate a standard search framework into a two-sector model of development to assess the importance of different obstacles to job creation and productivity. The model provides new insights in the characterisation of poorly developed labour markets that are observed in the data, such as high wage dispersion. We estimate the model using micro data for six countries in Sub-Saharan Africa and highlight the empirical relevance of labour market frictions, entry costs and skills.

scholarly journals Does Financial Liberalisation Improve Access to Investment Finance in Developing Countries?

2014 ◽  
Vol 5 (1) ◽  
Author(s):  
Conor M. O’Toole
Keyword(s):  
Sub Saharan Africa ◽  
Securities Market ◽  
State Control ◽  
Firm Level ◽  
Financial Flows ◽  
Reserve Requirements ◽  
Level Data ◽  
Financial Liberalisation ◽  
Sub Saharan ◽  
Market Liberalisation

AbstractThis paper considers the effect of financial liberalisation on access to investment finance using firm level data covering 48 developing and transition countries. An index is presented which measures financial market liberalisation along the following policy dimensions: directed lending, credit controls and reserve requirements, state control of banking, openness of international financial flows, banking market entry, prudential regulation and supervision and securities market development. Categorising firms as financially constrained across four measures, the results indicate that financial liberalisation is robustly associated with a reduction in the probability of being credit constrained, with the effect strongest for young, domestic private small and medium sized enterprises. For Sub-Saharan Africa, the results indicate that financial liberalisation actually increases financing constraints for firms. This may help explain the stylised fact that despite a commitment to financial reform, the predicted growth benefits have not been realised in this region.

scholarly journals Policies for Youth Employment in Sub-Saharan Africa

2019 ◽  
pp. 47-74
Author(s):  
Schwebel David ◽  
Elisenda Elisenda ◽  
Peter Wobst ◽  
Ileana Grandelis
Keyword(s):  
Job Creation ◽  
Analytical Framework ◽  
Sub Saharan Africa ◽  
Youth Employment ◽  
Demand Side ◽  
Decent Work ◽  
African Countries ◽  
Rural Transformation ◽  
Sub Saharan ◽  
Training Programmes

A qualitative analytical framework, policy discourse analysis, is applied to understand the prevalence of youth-targeting in national policies related to employment. Forty-seven policies from 13 Sub-Saharan African countries promulgated in 1996 to 2016 were selected for the evaluation, based on their direct or indirect relevance to youth employment via themes of development, rural transformation, and agriculture. The main findings show that policies focus more on promoting labour supply strategies, e.g. training programmes on entrepreneurship skills, rather than demand-side ones—such as reducing the constraints to business development and job creation at the sectoral level. Policies rarely touch on known constraints faced by youth, like their limited engagement in agribusiness activities and representation in policy dialogues. SSA policies with a youth employment lens associated to the different pillars of the Decent Work Agenda are assessed.

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