Search Results - "system GMM"

Food security in Africa remains vulnerable to volatile price dynamics, particularly in price dynamics pressures on essential commodities. Understanding how these dynamics interact with institutional frameworks is critical for effective policymaking. Existing studies often overlook the nuanced role o...

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Health can lead economic development in many countries. The higher the quality of health, the more space for increasing economic growth and providing prosperity in the long-run. The current study attempts to estimate the effect of health on regional economic growth in Indonesia. Balanced panel data...

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The relationship between ESG and firm performance is complex and tends to yield mixed results globally. In South Africa, ESG implementation is still in its infancy stage due to economic and developmental challenges. Despite these challenges, the JSE introduced sustainability disclosure guidelines in...

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There is no doubt that Sub-Saharan Africa (SSA) is home to many financially excluded persons, and the sub-region accounts for a high proportion of the world’s poor. Despite the co-existence of low level of financial inclusion (FI) and high poverty level in SSA, little attention has been given to emp...

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Despite abundant natural resources and a growing youthful population, Sub-Saharan Africa continues to experience sluggish economic growth due to the persistent weakness of institutional structures often manifested through limited regulatory capacity, political instability, and governance deficits—w...

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With the economy’s and society’s rapid development, reservoir construction has gradually become an essential infrastructure for water resource regulation, flood control and disaster reduction, and power generation. However, involuntary migration is an increasingly prominent global challenge, present...

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This study investigates the relationship between capital structure and financial performance in South African firms, focusing on the potential non-linear, inverse U-shaped effect of leverage on profitability. Drawing on data from 1548 firm-year observations covering 183 publicly listed South African...

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In the context of increasing globalization, income inequality is one severe problem in several countries because it widens the income gap between the rich and the poor, which leads to social instability. Narrowing this gap has become one of the main agendas in many developing countries to satisfy th...

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The Export-Led Growth Hypothesis (ELGH) posits that expanding exports drive long-run economic growth. While this has held true for several Asian economies, its effectiveness across African regional blocs remains underexplored. This study investigates the validity of ELGH in the East African Communit...

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