Does Governance Influence Economic Growth in Sub-Saharan Africa?

Yusuff A.S

Does Governance Influence Economic Growth in Sub-Saharan Africa?

Yusuff A.S * §

Contact

§ Federal College of Animal Health and Production Tech...

Does Governance Influence Economic Growth in Sub-Saharan Africa?

Article Fingerprint

ReserarchID

111KB

Does Governance Influence Economic Growth in Sub-Saharan Africa? Banner

Key Research Insights

Synthesized scholarly intelligence & interactive research assistant

Abstract

Poor governance in Sub-Saharan Africa has been a major hindrance to economic growth of the region compared to other regions in the rest of the world. To examine the influence of governance on economic growth of Sub-Saharan Africa, panel data on growth rate of Gross Domestic Product, governance indicators and other indicators of the three selected Sub-Saharan Africa countries namely Nigeria, South-Africa and Ghana for the period of 1996-2015 were sourced from World Development Indicators of the World Bank and World Governance Indicators. The data were analyzed using Descriptive statistics, Principal Component Analysis, Ordinary Least Square Regression and Generalized Method of Moments. The result revealed that South Africa and Ghana enjoyed better governance than Nigeria. It was also found that governance impacts positively on the economic growth of South Africa and Ghana however a negative impact was experienced by Nigeria. The disaggregated governance indicators regression showed that political stability and control of corruption increase economic growth in South-Africa and Ghana while voice and accountability as well as control of corruption had negative influence on economic growth of Nigeria. The study thus recommends freedom of speech to citizens, accountability of leaders, political stability as well as control of corruption to enhance effective governance and economic growth in the region.

References

18 Cites in Article

Reference Format

D Acemoglu,J Robinson (2012). Why Nations Fail: The origins of power, prosperity and poverty.
(2014). Democracy Index 2014.
John Gerring,Philip Bond,William Barndt,Carola Moreno (2005). Democracy and Economic Growth: A Historical Perspective.
Aris Riyanto (2023). INTEGRASI WWW DAN DATABASE.
Sanjeev Gupta,Hamid Davoodi,Rosa Alonso-Terme (2002). Does corruption affect equality and poverty?.
Xuehui Han,Haider Khan,Juzhong Zhuang (2014). Do Governance Indicators Explain Development Performance? A Cross-Country Analysis.
Daniel Kaufmann,Aart Kraay (2007). Governance Indicators: Where Are We, Where Should We Be Going?.
Daniel Kaufmann,Aart Kraay,Massimo Mastruzzi (2005). Governance Matters IV : Governance Indicators For 1996-2004.
Daniel Kaufmann,Aart Kraay,Massimo Mastruzzi (2010). The worldwide governance indicators : methodology and analytical issues.
Torsten Persson,Guido Tabellini (2006). Democratic Capital: The Nexus of Political and Economic Change.
PwC 2011: Impact of corruption on Nigeria's Economy retrieved online.
Rajib Sanyal,Subarna Samanta (2008). Effect of perception of corruption on outward US Foreign Direct Investment.
V Tanzi,H Davoodi (2000). Corruptions, Growth and Public Finances.
(2002). Economic Commission for Africa: Guideline for Enhancing Good Economic and Corporate Governance in Africa.
Jesús García Laborda (2011). Greaney, Vincent & Kellaghan, Thomas ed (2012) Implementing a national assessment of educational achievementWorld Bank Publications (Washington & Eurospan, London) isbn 978‐0‐8213‐8589‐0 260 pp £21.95 (free download) http://web.worldbank.org/WBSITE/EXTERNAL/TOPICS/EXTEDUCATION/0,,contentMDK:22301663~menuPK:5495844~pagePK:148956~piPK:216618~theSitePK:282386,00.html.
(2013). Figure 3.3. World Bank governance indicators.
World Bank Worldwide Governance Indicators online database.
(2011). Why should World Governance e Evaluated and for what Purpose? Forum for new World Governance Report proposal Paper Series retrieved online.

Download References

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Yusuff A.S. 2018. "Does Governance Influence Economic Growth in Sub-Saharan Africa?". Global Journal of Human-Social Science - E: Economics GJHSS-E Volume 18 (GJHSS Volume 18 Issue E1).

More Citation Formats

Select Citation Style:

Download Citation

GJHSS Volume 18 Issue E1

Explore Journals Explore Volume Read This Issue

Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

Keywords

Not Found

Classification

GJHSS-E Classification FOR Code: 910103

Submission ReceivedDecember 12, 2017
Peer Review Double Blind
Handling Editor
Accepted January 3, 2018
Published January 15, 2018

Version of record

v1.2

Issue date

February 17, 2018

Language

English

Experiance in AR

Explore published articles in an immersive Augmented Reality environment. Our platform converts research papers into interactive 3D books, allowing readers to view and interact with content using AR and VR compatible devices.

View in VR

Read in 3D

Your published article is automatically converted into a realistic 3D book. Flip through pages and read research papers in a more engaging and interactive format.

View in 3D

Article Matrices

Total Score: 105

Country: Nigeria

Subject: Global Journal of Human-Social Science

Authors: Salawu M.B., Yusuff A.S, Salman K.K, Ogunniyi A.I, A.M Rufai (PhD/Dr. count: 0)

View Count (all-time): 255

Total Views (Real + Logic): 705

Total Downloads (simulated): 51

Publish Date: 2018 01, Mon

Monthly Totals (Real + Logic):

Month 1: 49 views
Month 2: 27 views
Month 3: 37 views
Month 4: 41 views
Month 5: 25 views
Month 6: 36 views
Month 7: 40 views
Month 8: 33 views
Month 9: 26 views
Month 10: 40 views
Month 11: 38 views
Month 12: 28 views
Month 13: 24 views
Month 14: 15 views
Month 15: 30 views
Month 16: 40 views
Month 17: 39 views
Month 18: 24 views
Month 19: 25 views
Month 20: 27 views
Month 21: 20 views
Month 22: 40 views
Month 23: 22 views
Month 24: 21 views
Month 25: 13 views
Month 26: 45 views
Month 27: 30 views
Month 28: 22 views
Month 29: 41 views
Month 30: 30 views
Month 31: 38 views
Month 32: 26 views
Month 33: 35 views
Month 34: 44 views
Month 35: 19 views
Month 36: 19 views
Month 37: 15 views
Month 38: 30 views
Month 39: 28 views
Month 40: 36 views
Month 41: 30 views
Month 42: 36 views
Month 43: 32 views
Month 44: 41 views
Month 45: 38 views
Month 46: 35 views
Month 47: 26 views
Month 48: 40 views
Month 49: 20 views
Month 50: 23 views
Month 51: 26 views
Month 52: 37 views
Month 53: 28 views
Month 54: 36 views
Month 55: 29 views
Month 56: 24 views
Month 57: 26 views
Month 58: 36 views
Month 59: 41 views
Month 60: 40 views
Month 61: 21 views
Month 62: 11 views
Month 63: 20 views
Month 64: 39 views
Month 65: 45 views
Month 66: 36 views
Month 67: 21 views
Month 68: 35 views
Month 69: 22 views
Month 70: 43 views
Month 71: 31 views
Month 72: 22 views
Month 73: 19 views
Month 74: 39 views
Month 75: 36 views
Month 76: 33 views
Month 77: 35 views
Month 78: 24 views
Month 79: 28 views
Month 80: 24 views
Month 81: 19 views
Month 82: 35 views
Month 83: 26 views
Month 84: 20 views
Month 85: 41 views
Month 86: 41 views
Month 87: 40 views
Month 88: 27 views
Month 89: 38 views
Month 90: 49 views
Month 91: 29 views
Month 92: 65 views
Month 93: 61 views
Month 94: 66 views
Month 95: 67 views
Month 96: 64 views
Month 97: 41 views
Month 98: 35 views
Month 99: 42 views
Month 100: 36 views
Month 101: 30 views
Month 102: 31 views
Month 103: 43 views
Month 104: 41 views
Month 105: 26 views

Total Views: 705

Total Downloads: 51

All Trends