nep-afr New Economics Papers
on Africa
Issue of 2022‒07‒18
four papers chosen by
Sam Sarpong
Xiamen University Malaysia Campus

  1. Towards Inclusive Green Growth in Africa: Critical energy efficiency synergies and governance thresholds By Isaac K. Ofori; Emmanuel Gbolonyo; Nathanael Ojong
  2. Mother Africa's Exceptionalism? Income and Fertility Redux By Gradstein, Mark; Ishak, Phoebe W.
  3. The Determinants of Unemployment Rate in Developing Economies: Does Banking System Credit Matter? By Chukwuebuka Bernard Azolibe; Stephen Kelechi Dimnwobi; Chidiebube Peace Uzochukwu-Obi
  4. Scaling up radio and ICTs for enhanced extension delivery and development impact: Quantitative baseline report By Ragasa, Catherine; Carrillo, Lucia; Balakasi, Kelvin

  1. By: Isaac K. Ofori (University of Insubria, Varese, Italy); Emmanuel Gbolonyo (University of Cape Town, South Africa); Nathanael Ojong (York University,Toronto, Canada)
    Abstract: This study contributes to the scholarly literature on the drive towards sustainable development in light of the UN’s Agenda 2030 and the African Union’s Agenda 2063 by examining pathways through which energy efficiency (EE) promotes inclusive green growth (IGG) in Africa. Our contribution is novel from both the conceptual and empirical perspectives. With regard to the former, we develop a framework on how EE and governance feed into IGG, and on the latter, our contribution is based on country-level data for 23 African countries for the period 1996 – 2020. First, evidence from the generalised method of moments (GMM) estimator shows that EE is not unconditionally effective for spurring IGG. Second, we find that governance is both directly, and indirectly effective for repackaging EE to foster IGG. In particular, the evidence suggests that governance mechanisms for controlling corruption while ensuring regulatory quality and government effectiveness are keys for forming relevant synergies with EE to foster IGG. Third, regarding the socioeconomic sustainability (SES) and environmental sustainability (EVS) dichotomy of IGG, we find that the EE-governance pathway is more effective for driving the latter compared to the former. We also make some policy recommendations.
    Keywords: , Inclusive Growth; Inclusive Green Growth; Greenhouse Gases; Environmental Sustainability; Carbon Intensity; Sustainable Development
    JEL: I3 O11 O43 O44 O55 Q01 Q43 Q56
    Date: 2022–01
  2. By: Gradstein, Mark (Ben Gurion University); Ishak, Phoebe W. (Aix Marseille University)
    Abstract: We revisit the effect of long run income growth on population fertility in some of the poorest countries in the world. Causal inference is enabled through proxying income windfalls by oil price shocks in oil rich versus oil poor provinces. Using various fertility measures as outcomes, we find that long run income growth significantly and robustly reduces fertility. Further analysis suggests that young women's fertility is particularly affected and that women's education; age of marriage, and the age of first birth, but not the use of contraceptives, are among the important mechanisms.
    Keywords: economic development, population fertility, Africa
    JEL: I15 O15 O47
    Date: 2022–04
  3. By: Chukwuebuka Bernard Azolibe (Nnamdi Azikiwe University Awka, Nigeria); Stephen Kelechi Dimnwobi (Nnamdi Azikiwe University Awka, Nigeria); Chidiebube Peace Uzochukwu-Obi (Nnamdi Azikiwe University Awka, Nigeria)
    Abstract: In developing countries, banks play a major role by acting as a conduit for the effective mobilization of funds from the surplus sectors of an economy for onward lending to the deficit sectors for productive investments that will in turn increase the level of employment and economic growth. There has being a rising trend in unemployment rate in Nigeria and South Africa and hence, the need for the study to assess the effectiveness of banking system credit in curbing unemployment rate by making a comparative analysis of Nigeria and South Africa covering period of 1991 to 2018. The study employed the unit root test, Johansen cointegration test, vector error correction model and VAR impulse response function in determining the relationship between the variables. The major findings revealed that banking system credit matters in curbing unemployment rate in South Africa than in Nigeria. Also, other macroeconomic factors such as lending rate, inflation rate, Government expenditure and population growth were significant enough in influencing unemployment rate in South Africa than in Nigeria. While foreign direct investment was a significant factor in reducing unemployment rate in Nigeria than in South Africa. The cointegration test showed a long-run relationship between the variables in both countries while the speed of adjustment coefficient of the vector error correction model is faster in South Africa than in Nigeria. Previous empirical studies on the relationship between banking system credit and unemployment rate have focused much on other regions such as Asia and Europe. Thus, the study is unique as it focused on the African region and also made a comparative analysis by testing the Keynesian theory of employment, interest and money on two emerging African economies which are Nigeria and South Africa.
    Keywords: Banking system credit, unemployment rate, macroeconomic factors, comparative analysis
    JEL: E51 E24 E6
    Date: 2022–01
  4. By: Ragasa, Catherine; Carrillo, Lucia; Balakasi, Kelvin
    Abstract: This report summarizes the baseline data that describe the rural population of five districts in Malawi targeted in the Scaling up Radio and ICTs for Enhanced Extension Delivery (SRIEED) II project that started in 2020 and ends in 2024. It also provides the impact evaluation strategy for the overall project as well as a causal impact evaluation of a major component of the project (impact ICT hubs).
    Keywords: MALAWI, SOUTHERN AFRICA, AFRICA SOUTH OF SAHARA, AFRICA, radio, Information and Communication Technologies, extension systems, development, food security, farm income, resilience
    Date: 2022

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