Wiley Online Library » African Development Review
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African Development Review is a professional journal devoted to the study and analysis of development policy in Africa. Published four times a year for the African Development Bank, the Review emphasizes policy relevance of research findings, rather than purely theoretical and quantitative issues.
Wiley Online Library » African Development Review
2w ago
Abstract
This paper examines the asymmetric link between carbon pricing and the comparative advantage in environmental goods exports in South Africa from 1995 to 2021. The non-linear autoregressive distributed lag model is utilized to investigate the effects of both minor and major positive and negative fluctuations in carbon taxes, technological innovation, and energy transition on comparative advantage. The results reveal that carbon taxes have an asymmetric effect on comparative advantage in both the short and long runs, with positive shocks exerting a greater beneficial influence than nega ..read more
Wiley Online Library » African Development Review
2w ago
Abstract
Russia's invasion of Ukraine has threatened global grain supplies as it reduces production and exports while increasing trade costs. While the overall share of Africa's trade with Ukraine and Russia is small, the concentration of imports in products such as wheat, other grains, and fertilizer is critical to food security. This paper investigates the long-term impacts of the conflict on grain imports and prices in Africa. We use a long-run general equilibrium trade model to study three scenarios that may evolve as a consequence of the conflict: (1) a heavily reduced Ukrainian productio ..read more
Wiley Online Library » African Development Review
2w ago
Résumé
Cet article évalue l'impact de l'intégration financière régionale sur le commerce intra régional des produits manufacturés dans les pays de la Communauté Economique des Etats de l'Afrique de l'Ouest (CEDEAO) en utilisant un modèle de gravité augmenté sur la période 2005–2019. En utilisant une mesure de régionalisation financière basée sur l'intégration des marchés de crédits et la différence des taux d'intérêts, les résultats empiriques indiquent que l'intégration financière régionale a un impact positif et significatif sur le commerce intra régional des produits manufacturés aussi bien ..read more
Wiley Online Library » African Development Review
1M ago
Abstract
Illicit financial flows have been an issue of great concern over the past decades due to the challenge they present for economic development in Africa. Illicit financial flows undermine the productivity and growth of African economies as countries lose foreign exchange and tax revenues. Countries lose financial resources needed for development programs, hence undermining social service delivery and retarding poverty reduction. To effectively combat illicit financial flows, it is imperative to examine their determinants. This study seeks to examine the determinants of illicit capital m ..read more
Wiley Online Library » African Development Review
1M ago
Abstract
Addressing the challenge of limited access to drinking water requires a comprehensive understanding of its underlying causes. This study aims to evaluate the effect of foreign direct investment (FDI) on access to basic services in Africa, focusing specifically on people's access to drinking water. Utilizing data from a panel of 51 countries spanning the period 2000–2020, we employed a two-step system generalized method of moments to estimate dynamic econometric models. Our analysis reveals a positive correlation between FDI inflows and improved access to drinking water. A one-percenta ..read more
Wiley Online Library » African Development Review
1M ago
Abstract
With the increasing education of women in developing countries, educational assortative mating has become a significant aspect in the marriage market, with educational assortative mating patterns likely to be dependent on marriage timing. Using pooled data from three recent waves of the Cameroon Demographic and Health Surveys, the paper investigates the effect of marriage timing on educational assortative mating patterns in Cameroon. To achieve the objective, the study employed the Cox proportional hazard model and a control function version of multinomial Probit. Results show that de ..read more
Wiley Online Library » African Development Review
1M ago
Abstract
This study explores the impact of oil shocks on the Moroccan economy using a dynamic stochastic general equilibrium (DSGE) model. The DSGE simulations reveal that these shocks, exacerbated by the war in Ukraine, led to a contraction in the output gap, consumption, investment, and savings, as well as increased inflation. These results highlight the vulnerability of the Moroccan economy to external shocks, particularly those linked to energy prices. They underline the need for Morocco to diversify its energy sources and reduce its dependence on oil imports. Furthermore, our results sugg ..read more
Wiley Online Library » African Development Review
1M ago
African Development Review, Volume 36, Issue 1, March 2024 ..read more
Wiley Online Library » African Development Review
1M ago
African Development Review, Volume 36, Issue 1, Page 171-171, March 2024 ..read more
Wiley Online Library » African Development Review
1M ago
African Development Review, EarlyView ..read more