Open AccessPosted Content
How Enhancing Information and Communication Technology has affected Inequality in Africa for Sustainable Development: An Empirical Investigation
TLDR
In this article, the authors examined if enhancing ICT reduces inequality in 48 countries in Africa for the period 2004-2014 and found that increasing internet penetration and fixed broadband subscriptions have a net effect on reducing the Gini coefficient and the Atkinson index.Abstract:
This study examines if enhancing ICT reduces inequality in 48 countries in Africa for the period 2004-2014. Three inequality indictors are used, namely, the: Gini coefficient, Atkinson index and Palma ratio. The adopted ICT indicators include: mobile phone penetration, internet penetration and fixed broadband subscriptions. The empirical evidence is based on the Generalised Method of Moments. Enhancing internet penetration and fixed broadband subscriptions have a net effect on reducing the Gini coefficient and the Atkinson index, whereas increasing mobile phone penetration and internet penetration reduces the Palma ratio. Policy implications are discussed in the light of challenges to Sustainable Development Goals.read more
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Financial globalisation dynamic thresholds for financial development: evidence from Africa
TL;DR: In this article, the authors investigated if financial development benefits from financial globalisation are questionable until certain thresholds of financial globalization are attained, and provided policy makers with levels of FDI (as percentage of GDP) that are required to start materialising financial development gains from financial globalization.
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Unleashing the convergence amid digitalization and sustainability towards pursuing the Sustainable Development Goals (SDGs): A holistic review
TL;DR: In this paper, the authors provide a first-of-its-kind overview on the SDGs and their nexus with digitalization, while unraveling policy implications and future research directions.
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Fintech, financial inclusion and income inequality: a quantile regression approach
TL;DR: Although theory suggests that financial market imperfections, such as information asymmetries, market segmentation and transaction costs, prevent poor people from escaping poverty by limiting the ability to escape poverty as discussed by the authors.
Dataset
Law and finance: Why does legal origin matter? [Dataset]
TL;DR: In this article, the authors assess two theories of why legal origin influences financial development: political and adaptation, and conclude that legal systems that adapt quickly to minimize the gap between the contracting needs of the economy and the legal system's capabilities will foster financial development more effectively than would more rigid legal traditions.
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Is Poverty in the African DNA (Gene)
TL;DR: In this paper, the authors assess if poverty is in the African gene by revisiting the findings of Ashraf and Galor (2013, AER) and reformulating the out of Africa Hypothesis into a genetic diversity hypothesis for a within Africa analysis.
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Journal ArticleDOI
Another look at the instrumental variable estimation of error-components models
Manuel Arellano,Olympia Bover +1 more
TL;DR: In this paper, a framework for efficient IV estimators of random effects models with information in levels which can accommodate predetermined variables is presented. But the authors do not consider models with predetermined variables that have constant correlation with the effects.
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Catching Up, Forging Ahead, and Falling Behind
TL;DR: The catch-up hypothesis holds that, in comparisons among countries, productivity growth rates tend to vary inversely with productivity levels as discussed by the authors, and the convergence of productivity levels implies the relative success of early leaders and latecomers.
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Financial development and dynamic investment behavior: Evidence from panel VAR
Inessa Love,Lea Zicchino +1 more
TL;DR: In this article, the authors apply vector autoregression (VAR) to firm-level panel data from 36 countries to study the dynamic relationship between firms' financial conditions and investment, and find that the impact of financial factors on investment is significantly larger in countries with less developed financial systems.
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Law and Finance: Why Does Legal Origin Matter?
TL;DR: The authors empirically assesses two theories of why legal origin influences financial development, i.e., political and adaptation, and concludes that legal systems that adapt quic kly to minimize the gap between the contracting needs of the economy and the legal system's capabilities will foster financial development more effectively than would more rigid legal traditions.
Journal ArticleDOI
Mobile banking adoption: A literature review
TL;DR: The findings indicate that the m-banking adoption literature is fragmented, though it commonly relies on the technology acceptance model and its modifications, revealing that compatibility, perceived usefulness, and attitude are the most significant drivers of intentions to adopt m-Banking services in developed and developing countries.