Globalisation and growth nexus
Evidence from Africa through Granger Causality and Wavelet Coherence
Bibliographic Data
| ID | 6455367 |
|---|---|
| Authors | Piyara Wijesuriya (0009-0003-9253-149X), Dinithi Athalage (0009-0001-0647-1271), Danushi Rathnayake (0009-0002-7509-1894), Irushi Sandanayaka (0009-0002-1574-5980), Ruwan Jayathilaka (0000-0002-7679-4164) |
| Year | 2025 |
| Volume | 9 |
| Pages | 100833-100833 |
| Publication date | 2025-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Sustainable Futures (JOURNAL) |
| Journal identifiers | ISSN: 2666-1888 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.sftr.2025.100833 |
| OpenAlex | W4411149067 |
| Language | EN |
| Citations received | 2 |
| References cited | 75 |
This study analyses the causal relationship between economic growth with globalisation and its economic, social and political facets in 33 African nations, for 51 years from 1971 to 2021. On an empirical perspective, the Granger Causality Test is utilised in the cross-country analysis, with the Wavelet Coherence methodology being conducted to comprehend the growth-globalisation nexus for the African region. Conceptually, the study is based on the Endogenous Growth and Dependency theories in identifying how globalisation drives growth in Africa. Unidirectional causal flows between globalisation and growth have been revealed for Benin, Burundi, Cameroon, Côte d’Ivoire, Kenya, Mauritania, Seychelles, Sierra Leone, and Uganda. Bidirectional causal flows between globalisation and growth have been revealed for Eswatini, Egypt and Rwanda. The study also suggests the strengthening of economic, social and political integrations, leveraging natural resources for sustainable growth, and cultivating resilience against external shocks while extending targeted support for low-performing nations in the region as strategies to improve the globalisation-growth nexus in the region. The study contributes to the existing literature by providing a holistic assessment of the growth-globalisation dynamics in Africa and its regional nations, extending over five decades, and using a dual-method approach
Causality (physics · Coherence (philosophical gambling strategy · Econometrics · Economics · Globalization · Granger causality · Market economy · Nexus (standard · Statistics · Computer Science · Economic Growth and Development · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Mathematics
The Best of Times and the Worst of Times
The Determination of the Order of an Autoregression
The dynamics of ICT, foreign direct investment, globalization and economic growth
Estimating the Dimension of a Model
Does globalization affect growth? Evidence from a new index of globalization
Distribution of the Estimators for Autoregressive Time Series with a Unit Root
Investigating Causal Relations by Econometric Models and Cross-spectral Methods
Economic Growth in a Cross Section of Countries
Interweaving globalisation and growth
Wavelet coherence analysis and exchange rate movements
Modelling the dynamic linkages between eco-innovation, urbanization, economic growth and ecological footprints for G7 countries
Selected Papers of Hirotugu Akaike
Cheers to anxiety
The Palgrave Handbook of South–South Migration and Inequality
Stock market returns, globalization and economic growth in Nigeria
Globalisation and Female Economic Participation in Sub-Saharan Africa
Migration and Self-Protection Against Climate Change
Tourism, terrorism and political violence in Tunisia
A Contribution to the Empirics of Economic Growth
A Contribution to the Theory of Economic Growth
The Origins of Endogenous Growth
Exploring the Dynamics of the Elderly Population and Economic Growth
| Unique citing works | 2 |
|---|---|
| Citations per year | 2 |
| Citation span | 2026 - 2026 (1) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 2 |