scholarly journals Trade, Institutional Quality and Income: Empirical Evidence for Sub-Saharan Africa

Economies ◽  
2019 ◽  
Vol 7 (2) ◽  
pp. 48
Author(s):  
Huy Quang Doan
Keyword(s):  
Trade Liberalization ◽  
Social Factors ◽  
Institutional Quality ◽  
Real Income ◽  
Short Term ◽  
Income Per Capita ◽  
Per Capita ◽  
Sub Saharan ◽  
Political Globalization

This paper looks at how trade liberalization and institutional quality influence real income. Previous evidence has provided mixed results, and we find that indicators representing trade liberalization have been very weak. By using strongly balanced panel data of 45 Sub-Saharan African countries covering the last 34 years (1980–2013), along with numerous advanced econometric instruments (random effect, fixed effect, system-generalized method of moments, pooled mean group) and composite trade indicators (KOF indicators), this paper determines the impact of trade liberalization, social factors and political globalization on real income per capita in both static and dynamic settings. The paper also considers short-term and long-term effects. The study confirms that free trade has a significant positive impact on the growth of real income per capita in static and dynamic settings. However, it also finds that countries must pay in the short-term to gain more significantly in the long-term. Further, we point out that social factors, especially information flows, can have significant but varying influences on real income under different scenarios and that political globalization both challenges and gives opportunities for improving living standards. We also find that institutional quality is a key factor for economic development in any situation.

scholarly journals Chronicle of the Causes of Famine in the World during 1840–2019 and their Risks

2020 ◽  
Author(s):  
Soma Funahashi ◽  
Misato Okaneya ◽  
Taikan Oki
Keyword(s):  
Logistic Regression ◽  
Social Factors ◽  
Sub Saharan Africa ◽  
Sustainable Development Goal ◽  
Future Scenario ◽  
Per Capita ◽  
Sub Saharan ◽  
Zero Hunger ◽  
Term Analysis

Abstract Famine still exists in this world, hindering the achievement of sustainable development goal 2: zero hunger. The history and mechanism of famine have been broadly studied; however, few studies have focused on quantitative and long-term analysis of the general characteristics of famine. This study aims to analyze the factors influencing famine and estimate its risk. We developed a famine database and estimated the probability of the occurrence of famine through logistic regression with physical and social factors. Herein, we identified a few factors that are strongly related to the occurrence of famine and found that soil water and gross domestic product per capita are the most influential. By extrapolating the logistic regression to a future scenario, we revealed that although the number of countries with high famine risk would decrease, some countries in sub-Saharan Africa would remain at high famine risk for a while.

scholarly journals Win-win or unequal exchange? The case of the Sino-Congolese cooperation agreements

2009 ◽  
Vol 47 (3) ◽  
pp. 371-396 ◽  
Author(s):  
Stefaan Marysse ◽  
Sara Geenen
Keyword(s):  
Joint Venture ◽  
Sub Saharan Africa ◽  
Public Infrastructure ◽  
Short Term ◽  
Internal Development ◽  
Unequal Exchange ◽  
The World ◽  
Sub Saharan ◽  
Investment Agreements

ABSTRACTThe recent involvement of China in sub-Saharan Africa is challenging and changing the world geostrategic scene. In the article, we analyse the agreements between the Congolese government and a group of Chinese state-owned enterprises. A number of public infrastructure works will be financed with Chinese loans. To guarantee reimbursement, a Congolese/Chinese joint venture will be created to extract and sell copper, cobalt and gold. These are the biggest trade/investment agreements that China has so far signed in Africa. This article seeks to contribute to the discussion regarding the agreement's impact on internal development in Congo. Does it create a ‘win-win’ situation for all, or is it an unequal exchange? We outline the internal and international debates and analyse several noteworthy characteristics of the agreements. In conclusion, we present a balanced view on the likely impact on Congo's short-term and long-term development.

scholarly journals Carbon Lock-In and Sustainable Growth Challenges : Evidence from Sub-Saharan Africa

2020 ◽  
pp. 01-25
Author(s):  
Aminatou Kemajou Pofoura ◽  
Huaping Sun ◽  
Maxwell Opuni Antwi ◽  
Charles Kwarteng Antwi
Keyword(s):  
Carbon Emissions ◽  
Path Dependency ◽  
Sub Saharan Africa ◽  
Financial Resources ◽  
Low Carbon ◽  
Income Per Capita ◽  
Short Run ◽  
Per Capita ◽  
Sub Saharan ◽  
Lock In

This research seeks to investigate the risks of carbon lock-in by examining the potential factors influencing carbon dioxide emissions levels in Sub-Saharan Africa. Given this, we employed a panel Sub-Saharan Africa comprised of 35 countries in the sub-region, from 2000 to 2014 with cross-sectional dependence among variables. We used the Two-step robust System Generalized Method of Moments to estimate the influencing factors of carbon emissions level that create path dependency. The main findings are: (1) income per capita, urbanization, and financial resources contribute to the increase of carbon emissions level in the Sub-Saharan Africa countries, in the short-run; (2) we noticed that in the short-run, the impacts of fossil fuels per capita, energy intensity and total energy consumption are insignificant; (3) in the long-run, income per capita, urbanization and financial resources increase carbon emissions level; (4) from various factors that increase carbon emissions level, these factors form a path dependency that slow the introduction of low-carbon systems, thus, creating carbon lock-in in the Sub-Saharan Africa countries. Considering this, policymakers and governments should ensure the strict compliance of environmental regulations by financial institutions and organizations, promote low-carbon cities during economic transformation, and encourage investments in low-carbon projects. The government should also educate and build awareness on the effects of environmental pollution on population health, provide incentives for energy conservation and promote the use of clean products to avoid future risks of lock-in in the sub-region.

scholarly journals Intentional replacement of dead children in sub-Saharan Africa: evidence from Ghana and Kenya

2004 ◽  
Vol 31 (1) ◽  
pp. 33 ◽  
Author(s):  
Stephen Obeng Gyimah ◽  
Rajulton Fernando
Keyword(s):  
Childhood Mortality ◽  
Policy Implications ◽  
Sub Saharan Africa ◽  
Physiological Effects ◽  
Short Term ◽  
Mortality Experience ◽  
First Child ◽  
Health Survey Data ◽  
Sub Saharan

This paper examines whether childhood deaths elicit an explicit, conscious and intentional fertility response using the 1998 Demographic and Health Survey data for Ghana and Kenya . Using multivariate hazard models, childhood mortality experience was found to have long term fertility implications beyond the short term physiological effects. In both countries, women who have experienced childhood mortality were found to have significantly higher number of additional children than those without. The death of the first child in particular was found to be associated with the risk of a higher order birth consistent with recent findings in Cameroon. The policy implications of the findings are discussed.

scholarly journals Effects of air pollution on children from a socioecological perspective

2019 ◽  
Vol 19 (1) ◽  
Author(s):  
Jong In Kim ◽  
Gukbin Kim ◽  
Yeonja Choi
Keyword(s):  
Air Pollution ◽  
Life Expectancy ◽  
Natural Resource ◽  
Solid Fuel ◽  
Resource Depletion ◽  
Short Term ◽  
Environmental Threats ◽  
Country Level ◽  
Per Capita

Abstract Background Country-level inequality in life expectancy (ILE) and deaths of children under age five due to air pollution (DCAP) can be influenced by country-level income per capita, solid fuel, electrification, and natural resource depletion. The ILE and DCAP in the short-term are useful indicators that can help in developing ways to reduce environmental threats. This study confirms evidence for ILE and DCAP as the effects of environmental threats by country-level income, energy, and natural resource levels from a socioecological approach. Methods This study based on life expectancy and children data on 164 countries acquired from the United Nations Development Programme. We obtained the country-level socioecological data from the United Nations and the World Bank database. We assessed the associations between ILE, DCAP, and the country-level indicators applying correlations coefficient and the regression models. Results These study findings showed considerable correlations between ILE and country-level socioecological indicators: gross national income per capita (GNI), non-solid fuel (NSF), electrification rate (ER), and natural resource depletion (NRD). The DCAP in short-term predictors were low NSF and low ER (R2 = 0.552), and ILE predictors were low GNI, NSF, and ER and higher NRD (R2 = 0.816). Thus, the countries with higher incomes and electrification rates and more sustainable natural resources had lower expected DCAP in the short-term and ILE in the long-term. Conclusions Based on our results, we confirmed that country-level income, energy, and natural resource indicators had important effects on ILE in long-term and DCAP in short-term. We recommend that countries consider targeting high standards of living and national incomes, access to non-solid fuel and electricity as energy sources, and sustainable natural resources to reduce ILE and DCAP in short-term.

scholarly journals Deficit, Decay and Deprioritization of Transport Infrastructure in Nigeria: Policy Options for Sustainability

2016 ◽  
Vol 8 (3) ◽  
pp. 55 ◽  
Author(s):  
Lionel Effiom ◽  
Peter Ubi
Keyword(s):  
Local Governments ◽  
Common Knowledge ◽  
Current Data ◽  
Transport Infrastructure ◽  
Sub Saharan Africa ◽  
Short Term ◽  
Road Infrastructure ◽  
The Public ◽  
Sub Saharan

<p>It is common knowledge that Nigeria’s road infrastructure, and indeed the general infrastructure of sub-Saharan Africa, is in a most despicable condition. This paper formalises this observation by providing current data to support the hypothesis. By deploying descriptive and theoretical methodological approaches, it demonstrates that road infrastructure is not only deteriorating but also suffers from a twin evil of deficit and deprioritisation in the public sector’s preferential scale–a state of indifference of sorts. Long and short term policy choices have to be made to urgently address the issue. In the short term, infrastructure concessions, public private partnerships (PPP), pension funds, sovereign wealth fund, savings from reduction in fuel subsidies, leveraging on the Africa Growth and Opportunity Act (AGOA) mechanism–are part of the portfolio of choices that government can readily choose from. In the long term however, the paper recommends increase in the statutory allocation to the states and local governments which would ensure that component units of the federation control more resources to deploy and develop infrastructure in their immediate domain.</p>

The early bird catches the retirement savings

2019 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lucía Rey-Ares ◽  
Sara Fernández-López ◽  
María Milagros Vivel-Búa ◽  
Rubén Lado-Sestayo
Keyword(s):  
Social Factors ◽  
Cognitive Abilities ◽  
Design Methodology ◽  
Empirical Studies ◽  
Planning Horizon ◽  
Retirement Savings ◽  
Short Term ◽  
Relevant Variable ◽  
Content Type

Purpose This paper aims to investigate whether individuals’ planning horizon influences their decision to save privately for their retirement. Design/methodology/approach Focussing on Spain, this empirical research uses the fifth wave of the Survey of Health, Ageing and Retirement in Europe (SHARE)[1]. Logit models are estimated considering variables related to demographic characteristics, economic situation, education and cognitive abilities and psychological and social factors. Findings The results confirm that the planning horizon significantly influences the decision to save for retirement. Long-term planners are more likely to save for retirement than short-term planners. Originality/value Although previous literature has identified the planning horizon as a relevant variable in the decision to save for retirement, few empirical studies have evaluated their impact. This paper shows that it is important to develop habits of financial planning in societies, especially in societies with a prominent orientation towards the present.

scholarly journals Human Capital Persistence and Development

2017 ◽  
Vol 9 (4) ◽  
pp. 105-136 ◽  
Author(s):  
Rudi Rocha ◽  
Claudio Ferraz ◽  
Rodrigo R. Soares
Keyword(s):  
Twentieth Century ◽  
Human Capital ◽  
Income Per Capita ◽  
Long Run ◽  
Per Capita ◽  
Late Nineteenth ◽  
Settlement Policy ◽  
And Shifts ◽  
Over Time

This paper documents the persistence of human capital over time and its association with long-term development. We exploit variation induced by a state-sponsored settlement policy that attracted immigrants with higher levels of schooling to particular regions of Brazil in the late nineteenth and early twentieth century. We show that one century after the policy, municipalities that received settlements had higher levels of schooling and higher income per capita. We provide evidence that long-run effects worked through higher supply of educational inputs and shifts in the structure of occupations toward skill-intensive sectors. (JEL I26, J22, J24, J61, N36, O15, Z13)

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