Globalization and Economic Growth in Developing Countries: Evidence from Sub-Saharan Africa

Zahonogo, Pam

doi:10.1080/08853908.2017.1333933

Cited by 50 publications

(30 citation statements)

References 44 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Using the dynamic growth model, Zahonogo (2018) analyzed the relationship between trade openness (economic globalization) and economic growth in SSA. Based on the panel data, Zahonogo (2018) showed a nonlinear relationship between globalization and economic growth and endorsed SSA countries to control trade openness, especially imports of consumption goods in order to stimulate their economic growth.…”

Section: Review On Globalization and Economic Growthmentioning

confidence: 99%

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

Bataka

2019

Journal of Economic Integration

View full text Add to dashboard Cite

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.

show abstract

Section: Review On Globalization and Economic Growthmentioning

confidence: 99%

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

Bataka

2019

Journal of Economic Integration

View full text Add to dashboard Cite

show abstract

“…Hence, the (dynamic) effect of tourism development and of the service industries on the entire economy of a state, is capable of generating spillover effects (Kouchi, Nezhad, & Kiani, 2018). In essence, as much as there exist individualized state interests across global economies, trade partnership and networking have continued to strengthen the global economy prospect (Esposti & Listorti, 2018;Zahonogo, 2018). Indications from the global value chains' shows that trade in goods and services (crude oil as an example of commodity trading and tourism as an example of service) is the core of most global economies (Gereffi, Humphrey, & Sturgeon, 2005;Kronenberg, Fuchs, & Lexhagen, 2018).…”

Section: Introductionmentioning

confidence: 99%

The spillover effects of tourism receipts, political risk, real exchange rate, and trade indicators in Turkey

Alola

Çöp

Alola

2019

Journal of Tourism Research

View full text Add to dashboard Cite

In examining the spillover effects of tourism receipts and the uncertainty‐induced factors in Turkey, this study examines the spillover effects of tourism receipts and related sources of uncertainties from trade‐ and political‐related factors. Using the novelty of Diebold and Yilmaz “Better to give than to receive: Predictive directional measurement of volatility spillovers” approach, the study reveals that tourism receipts have a net spillover of 4.1%, thus indicating that the country's tourism industry received a significant shock. Spillover effects from other variables are observed, thus suggesting a hedging policy mechanism for the country's tourism sector.

show abstract

“…Finally, recent contributions in this topic are Keho (2017), who presents evidence indicating that trade openness has positive effects on both capital formation and economic growth for the case of Cote d'ivoire, and the work of Zahonogo (2018), in which the results show an interesting promising role of globalization and economic growth for the Sub-Saharan Africa, i.e. a region that is mainly composed by low per capita income countries.…”

Section: Introductionmentioning

confidence: 99%

Exports, Terms of Trade and Economic Growth: Evidence from Countries with Different Level of Openness

Dabús¹,

Delbianco²

2019

J. Rev. Global Econ.

View full text Add to dashboard Cite

This paper explores the effects of the ratio exports/GDP and the terms of trade on growth among countries with different level of development and openness. These effects vary among subgroups of countries with different openness and per development level. Nonetheless, in general the evidence seems to support the hypothesis stated in this research. In less developed or better endowed for export countries one or both of the explanatory variables mentioned above encourage for economic growth. Specifically, in advanced economies only the ratio exports/GDP is growth promoting when these are open, and have high per capita but small global GDP and/or relative advantages to be growth export-led. In turn, exports or and the terms of trade trends to promote growth in lower middle income countries. Unfortunately, the surprising results came from the poorest countries. They do not are benefited from a more favourable foreign environment. On the contrary, exports are not significant while an improvement in the terms of trade diminishes their growth.

show abstract

Globalization and Economic Growth in Developing Countries: Evidence from Sub-Saharan Africa

Cited by 50 publications

References 44 publications

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

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

The spillover effects of tourism receipts, political risk, real exchange rate, and trade indicators in Turkey

Exports, Terms of Trade and Economic Growth: Evidence from Countries with Different Level of Openness

Contact Info

Product

Resources

About