De jure, De facto Globalization and Economic Growth in Sub-Saharan Africa

Hodabalo Bataka ()
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Hodabalo Bataka: Université de Kara, Kara, Togo, Postal: Department of Economy, Université de Kara, B.P 43, 404, Kara,, Togo

Journal of Economic Integration, 2019, vol. 34, issue 1, 133-158

Abstract: Using data from 40 Sub-Saharan African (SSA) countries from 1980 to 2015, the present study examines the effects of globalization and its dimensions on economic growth by distinguishing the de jure and de facto aspects. Through second-generation panel data tests, the study analyzes the crosssectional dependence between the countries studied and adopts an appropriate methodology for its effectiveness treatment. The study finds an economic growth effect for the overall globalization in SSA countries. It also demonstrates that de jure globalization increases economic growth, while de facto aspect undermines this growth. However, this is still evidence that de jure, de facto economic globalization, and de jure social globalization promote economic growth. De facto social globalization and de jure political globalization remain ineffective, while de facto political dimension of globalization hinders growth.

Keywords: De jure globalization; De facto globalization; Economic growth; Crosssectional dependence; Panel data; Sub-Saharan Africa. (search for similar items in EconPapers)
JEL-codes: C23 F43 O10 O55 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:integr:0766

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