Inclusive green growth in Africa: does institutionalized democracy matter?

Philémon Votsoma (), Sem I-de Dringa and Mohammadou Nourou ()
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Philémon Votsoma: Faculty of Economics and Management, University of Garoua, Cameroon
Mohammadou Nourou: Faculty of Economics and Management, University of Garoua, Cameroon

Economics Bulletin, 2025, vol. 45, issue 4, 1944 - 1962

Abstract: The quality of institutions, especially institutionalized democracy, is an important determinant of inclusive green growth in Africa. Using data from 39 African countries over the period 2002 to 2022, this study examines the effect of institutionalized democracy on inclusive green growth. In order to address heteroscedasticity and conditional heterogeneity, we used the Driscoll-Kraay method and the Generalized Method of Moments (GMM) to address endogeneity. The main result of this study reveals that institutionalized democracy accelerates inclusive green growth. Therefore, it is essential for African countries to strengthen democratic institutions.

Keywords: institutionalized democracy; inclusive green growth; Africa (search for similar items in EconPapers)
JEL-codes: O1 O4 (search for similar items in EconPapers)
Date: 2025-12-30
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