Globalisation outcomes and the real output in the sub-Saharan Africa LICs
A cointegration analysis
Bibliographic Data
| ID | 15066902 |
|---|---|
| Authors | Jeroen Buysse (0000-0001-5256-2994, Ghent University), Muhlis Can (0000-0002-7315-2916, Department of Economics and Finance, Hakkari University, Hakkari, Turkey), Giray Gozgor (0000-0003-1238-8105, Department of International Relations, Istanbul Medeniyet University, Istanbul, Turkey, corresponding author) |
| Year | 2018 |
| Volume | 31 |
| Issue | 1 |
| Pages | 338-351 |
| Publication date | 2018-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economic Research-Ekonomska Istraživanja (JOURNAL) |
| Journal identifiers | ISSN: 1331-677X • E-ISSN: 1848-9664 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/1331677x.2018.1426471 |
| OpenAlex | W2793929790 |
| Language | EN |
| Citations received | 7 |
| References cited | 25 |
This article examines the effects of trade openness, foreign direct investment (FDI), and product diversification of exports to the real gross domestic product (GDP) per capita in 11 sub-Saharan Africa Low Income Countries (LIC): Benin, Burkina Faso, the Democratic Republic of Congo, Kenya, Liberia, Madagascar, Malawi, Niger, Rwanda, Sierra Leone and Zimbabwe over the period 1970–2010. We consider time series analysis, including structural break(s) and cointegration modelling. The results indicate that long-run relationships only exist in Kenya, Liberia, Malawi and Sierra Leone. We also document that (1) FDI spurs the real GDP per capita in Kenya; (2) trade openness positively contributes to the real output in Liberia; (3) trade openness is negatively associated with the real GDP per capita in Malawi in the short-run; and (4) product diversification of exports promotes the real GDP per capita in Sierra Leone
Business · Cointegration · Development economics · Economic growth · Economics · Foreign direct investment · Gross domestic product · International economics · Macroeconomics · Openness to experience · Per capita · Per capita income · Population · Real gross domestic product · Sierra leone · Demography · Economic Growth and Productivity · Global trade and economics · Monetary Policy and Economic Impact
Boosting productive capacity in OECD countries
Do renewable energy consumption and green trade openness matter for human well-being? Empirical evidence from European Union countries
Economic progress in emerging countries
Revisiting the globalisation-welfare state Nexus
The impact of technology frontier on the total factor productivity growth in African economies
Natural Resources Depletion, Financial Risk, and Human Well-Being
Does Globalisation Promote Economic Output in Sub-Saharan Africa? Evidence from Bootstrap ARDL Model
Further evidence on breaking trend functions in macroeconomic variables
Canonical Cointegrating Regressions
Statistical inference in vector autoregressions with possibly integrated processes
The Evidence on Globalisation
A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems
Trade Liberalization and Growth
Trade Policy and Economic Growth
Tests for Parameter Instability in Regressions with 1(1) Processes
Trade liberalisation and growth in developing countries
How does foreign direct investment affect economic growth
Export Instability and Economic Growth in Sub-Saharan Africa
| Unique citing works | 7 |
|---|---|
| Citations per year | 1,4 |
| Citation span | 2021 - 2024 (4) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 7 |