Governance, debt service, information technology and access to electricity in Africa
Simplice Asongu and
Sara le Roux
No 24/003, Working Papers from European Xtramile Centre of African Studies (EXCAS)
Abstract:
The study investigates the role of governance (i.e., ‘voice & accountability’, political stability/no violence, regulatory quality, government effectiveness, corruption-control and the rule of law) in the incidence of short-term debt services on infrastructure development in the perspective of telecommunication infrastructure and access to electricity. The focus of the study is on 52 African countries for the period 2002-2021. The generalized method of moments is employed as estimation strategy and the following findings are established. Debt service has a negative unconditional effect on access to electricity and telecommunication infrastructure. Governance dynamics moderate the negative effect of debt service on infrastructure dynamics. Effective moderation is from regulatory quality and corruption-control for access to electricity and from government effectiveness, regulatory quality, corruption-control and rule of law, for telecommunication infrastructure. Policy implications are discussed.
Keywords: Debt service, governance; information technology; access to electricity; Africa (search for similar items in EconPapers)
JEL-codes: F34 H63 O10 O40 O55 (search for similar items in EconPapers)
Pages: 26
Date: 2024-01
New Economics Papers: this item is included in nep-ene, nep-ict, nep-inv and nep-pay
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)
Forthcoming: International Journal of Finance and Economics
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http://publications.excas.org/RePEc/exs/exs-wpaper ... ricity-in-Africa.pdf Revised version, 2024 (application/pdf)
Related works:
Journal Article: Governance, debt service, information technology and access to electricity in Africa (2025) 
Working Paper: Governance, debt service, information technology and access to electricity in Africa (2024) 
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Persistent link: https://EconPapers.repec.org/RePEc:exs:wpaper:24/003
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