Rethinking of Government Institutions and Governance Quality Indicators on Economic Growth in Sub-Saharan African Countries

Ahmet Şit (), Magdalena Radulescu (), Hakan Güneş (), Hamis Miraji Ally Simba (), Mustafa Şit () and Haydar Karadağ ()
Additional contact information
Ahmet Şit: Malatya Turgut Ozal University
Magdalena Radulescu: National University of Science and Technology Politehnica Bucharest
Hakan Güneş: Bartın University
Hamis Miraji Ally Simba: Istanbul Gelisim University
Mustafa Şit: Harran University
Haydar Karadağ: Recep Tayyip Erdogan University

Journal of the Knowledge Economy, 2024, vol. 15, issue 4, No 198, 20883-20905

Abstract: Abstract The study aims to investigate the effect of governance quality on economic growth and government consumption in Sub-Saharan African countries. Balanced dynamic panel data for 36 Sub-Saharan African countries from 2011 to 2022 were analyzed using GMM and Driscoll-Kraay regressions. In addition to the fact that there is no study in the literature that examines the effect of state governance indicators on economic growth in SSA countries, the addition of government consumption variable as a second dependent variable adds originality to the study. The empirical analysis revealed that government institutions have a positive effect and are significant in SSA countries’ economic growth. In addition, according to the Driscoll-Kraay regression, it is seen that governments’ development of institutions increases government consumptions. The governance indicators threshold that strengthens the government institution in Sub-Sahara Africa must be reached to increase the economic growth of Sub-Sahara Africa. For economic growth, effective government institutions and governance quality policies should be practiced and maintained among the Sub-Saharan African countries. Graphical Abstract

Keywords: Economic growth; Government consumptions; Governance quality; GMM; Driscoll-Kraay regression (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s13132-024-02040-6 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:jknowl:v:15:y:2024:i:4:d:10.1007_s13132-024-02040-6

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/13132

DOI: 10.1007/s13132-024-02040-6

Access Statistics for this article

Journal of the Knowledge Economy is currently edited by Elias G. Carayannis

More articles in Journal of the Knowledge Economy from Springer, Portland International Center for Management of Engineering and Technology (PICMET)
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().