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Given the increase in the number of terrorist attacks in African countries, a better understanding of the relationship between terrorism, the informal economy and public debt is essential for policymakers. The model is empirically tested for 47 countries during the period 1996–2015. We use...
This study investigates the effect of agglomeration on technical efficiency of small and medium‐sized garment firms in Egypt. Using a sample of 502 firms, we estimated a translog stochastic frontier production function with inefficiency components. We also applied a switching regression model to...
Ghana implemented the National Health Insurance Scheme (NHIS) in 2005 and introduced free maternal healthcare (FMH) into the scheme in 2008. These reforms aimed at improving the utilization of healthcare, especially for expectant mothers. Using data from the 2008 and 2014 Ghana Demographic and...
Financial inclusion, as a key pillar for inclusive development, has long been considered as an important instrument for reducing poverty and income inequality. However, the income convergence effect of financial inclusion remains only partially explored. Using longitudinal data covering three...
In the literature on economic integration, the optimum currency area (OCA) theory says that there should be a high degree of trade between potential members of a monetary union for them to benefit from the use of a single currency. This study uses an augmented gravity model of trade to estimate...
The study examines Nigeria's business cycles between October 1998 and October 2017 and ascertains the importance of general elections cycles in engendering cyclical fluctuations in different measures of business cycles.
This paper analyses the determinants of consumption decision and household expenditure on cultural goods in Togo, based on survey data from the 2015 QUIBB Basic Well‐being Indicators. The determinants of consumption decision are empirically estimated from a probit model while the determinants of...
An opportunity to improve measurement and modelling of poverty in Africa arises from recent intra‐year panel surveys that observe household consumption in post‐planting and post‐harvest periods. Observing the same household twice lets an intra‐year correlation be estimated, which can be used to...
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