非洲的制度、宏观经济政策和经济增长:来自小组数据的证据

Q3 Social Sciences Journal of Comparative Asian Development Pub Date : 2019-05-05 DOI:10.5296/JAD.V5I2.13241
H. M. Aliero, M. Olarinde
{"title":"非洲的制度、宏观经济政策和经济增长:来自小组数据的证据","authors":"H. M. Aliero, M. Olarinde","doi":"10.5296/JAD.V5I2.13241","DOIUrl":null,"url":null,"abstract":"This study investigates the effects of institution and macroeconomic policy on economic growth in Africa, using panel Cointegration technique to analysed data obtained from a panel  of 50 African Countries covering a period of 25years (1990-2014). The results confirm that declining growth rate in Africa is due to poor management of macroeconomic policies. A weak turning point is also confirmed to exist for government size in the short run; in the long run it becomes more pronounce. The Wald restrictions tests of causality ascertain that institutions lead economic growth performance in the short run, while poor economic growth performance impaired the capacity required in building strong institutions which in turn stunts growth in the long run. Therefore, African leaders should tilt their expenditure in favour of human capital development and strong institution, ensure intra-regional trade and adopt private sector led – economic growth strategy.","PeriodicalId":53585,"journal":{"name":"Journal of Comparative Asian Development","volume":"2 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2019-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Institutions, Macroeconomic Policies and Economic Growth in Africa: Evidence from Panel Data\",\"authors\":\"H. M. Aliero, M. Olarinde\",\"doi\":\"10.5296/JAD.V5I2.13241\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This study investigates the effects of institution and macroeconomic policy on economic growth in Africa, using panel Cointegration technique to analysed data obtained from a panel  of 50 African Countries covering a period of 25years (1990-2014). The results confirm that declining growth rate in Africa is due to poor management of macroeconomic policies. A weak turning point is also confirmed to exist for government size in the short run; in the long run it becomes more pronounce. The Wald restrictions tests of causality ascertain that institutions lead economic growth performance in the short run, while poor economic growth performance impaired the capacity required in building strong institutions which in turn stunts growth in the long run. Therefore, African leaders should tilt their expenditure in favour of human capital development and strong institution, ensure intra-regional trade and adopt private sector led – economic growth strategy.\",\"PeriodicalId\":53585,\"journal\":{\"name\":\"Journal of Comparative Asian Development\",\"volume\":\"2 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2019-05-05\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Comparative Asian Development\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.5296/JAD.V5I2.13241\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"Social Sciences\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Comparative Asian Development","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.5296/JAD.V5I2.13241","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 0

摘要

本研究调查了制度和宏观经济政策对非洲经济增长的影响,使用面板协整技术分析了从50个非洲国家的面板获得的数据,涵盖了25年(1990-2014)。结果证实,非洲的增长率下降是由于宏观经济政策管理不善。短期内政府规模也存在一个弱转折点;长此以往,它会变得更发音。沃尔德因果关系的限制检验确定,制度在短期内引领经济增长绩效,而经济增长绩效不佳损害了建立强大制度所需的能力,而这反过来又阻碍了长期增长。因此,非洲领导人应将支出偏向人力资本开发和强大的制度,确保区域内贸易,并采取私营部门主导的经济增长战略。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
Institutions, Macroeconomic Policies and Economic Growth in Africa: Evidence from Panel Data
This study investigates the effects of institution and macroeconomic policy on economic growth in Africa, using panel Cointegration technique to analysed data obtained from a panel  of 50 African Countries covering a period of 25years (1990-2014). The results confirm that declining growth rate in Africa is due to poor management of macroeconomic policies. A weak turning point is also confirmed to exist for government size in the short run; in the long run it becomes more pronounce. The Wald restrictions tests of causality ascertain that institutions lead economic growth performance in the short run, while poor economic growth performance impaired the capacity required in building strong institutions which in turn stunts growth in the long run. Therefore, African leaders should tilt their expenditure in favour of human capital development and strong institution, ensure intra-regional trade and adopt private sector led – economic growth strategy.
求助全文
通过发布文献求助,成功后即可免费获取论文全文。 去求助
来源期刊
Journal of Comparative Asian Development
Journal of Comparative Asian Development Social Sciences-Political Science and International Relations
CiteScore
1.30
自引率
0.00%
发文量
2
期刊介绍: The Journal of Comparative Asian Development (JCAD) aims to offer the most up-to-date research, analyses, and findings on the many aspects of social, economic, and political development in contemporary Asia conducted by scholars and experts from Asia and around the world.
期刊最新文献
Advancing Muslim Modest Fashion Clothing Theoretical Discussions on China’s Rise in the Era of Globalization Movement Control Order (MCO) - A Viable Legal Mechanism in the Management of COVID-19 Pandemic in Malaysia? The Relationship of Foreign Direct Investment and Unemployment Rate in the Philippines Factors Driving Foreign Direct Investment: An Empirical Investigation Using Multiple Regression
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1