EconPapers    
Economics at your fingertips  
 

Is Africa’s current growth reducing inequality? Evidence from some selected african countries

Alege P.O., George E.O., Ojeaga P.I. () and Oluwatimiro Q.
Additional contact information
Alege P.O.: Covenant University Nigeria P.M.B 1023 Ota Department of Economics and Development Studies
George E.O.: Covenant University Nigeria P.M.B 1023 Ota Department of Economics and Development Studies
Ojeaga P.I.: Covenant University Nigeria P.M.B 1023 Ota Department of Economics and Development Studies
Oluwatimiro Q.: Covenant University Nigeria P.M.B 1023 Ota Department of Economics and Development Studies

Authors registered in the RePEc Author Service: Queen Esther Oye

Computational Methods in Social Sciences (CMSS), 2015, vol. 3, issue 1, 49-67

Abstract: Is Africa’s current growth reducing inequality? What are the implications of growth on output performances in Africa? Does the effect of Africa’s growth on sectorial output have any implication for inequality in Africa? The study investigates the effect of shocks on a set of macroeconomic variables on inequality (measured by life expectancy) and the implication of this on sectors that are perceived to provide economic empowerment in form of employment for people living in the African countries in our sample. Studies already find that growth in many African countries has not been accompanied with significant improvement in employment. Therefore inequality is subject to a counter cyclical trend in production levels when export destination countries experience a recession. The study also provides insight on the effect of growth on sectorial output for three major sectors in the African economy with the intent of analyzing the impact of growth on sectorial development. The method used in this study is Panel Vector Autoregressive (PVAR) estimation and the obvious advantage of this method lies in the fact that it allows us to capture both static and dynamic interdependencies and to treat the links across units in an unrestricted fashion. Data is obtained from World Bank (WDI) Statistics for the period 1985 to 2012 (28 years) for 10 African Countries. Our main findings confirm strong negative relationship between GDP growth and life expectancy and also for GDP and the services and manufacturing sector considering the full sample

Keywords: growth; sectorial performances; inequality; panel VAR and Africa (search for similar items in EconPapers)
JEL-codes: C33 E30 F62 (search for similar items in EconPapers)
Date: 2015-06
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://cmss.univnt.ro/wp-content/uploads/vol/split ... _issue_1_art.005.pdf First version, 2015 (application/pdf)

Related works:
Working Paper: Is Africa’s Current Growth Reducing Inequality? Evidence from Some Selected African Countries (2015) Downloads
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:ntu:ntcmss:vol3-iss1-15-049

Access Statistics for this article

Computational Methods in Social Sciences (CMSS) is currently edited by Bogdan Oancea

More articles in Computational Methods in Social Sciences (CMSS) from "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences Contact information at EDIRC.
Series data maintained by Stefan Ciucu ().

 
Page updated 2017-09-29
Handle: RePEc:ntu:ntcmss:vol3-iss1-15-049