The Nexus Between Good Governance Indicators And Human Development Index In Africa: An Econometric Analysis

Abstract

This study examines the association between good governance indicators and the human development index in Africa. Accordingly, it uses the panel data of 49 African countries from 2000-2018 on the six World Bank governance indicators (WGIs) and the UNDP aggregate human development index (HDI). The data are analyzed using descriptive statistics and panel regression analysis. The descriptive statistical analysis shows that most of the countries that are scoring high in the governance indicators are also scoring high in the human development index. It also indicates that Africa's average score in all governance indicators from 2000-2018 ranges between 36.2 % and 40.4%, while the score for human development was 50.8%. Using a one-year moving average, the calculated improvement rates for the eighteen years in all the governance and human development indicators were meager. The finding from the panel regression analysis attests only the three good governance indicators - the rule of law, regulatory quality, and political stability and absence of violence - are significantly and directly associated with the human development index. The finding implies that policy makers in African countries should give emphasis on these three good governance indicators to augment their human development effort.

Human development and governance in Africa: do good fences make good neighbours?

“…The extant literature on the nexus between good governance and human development can be discussed in three main strands (Tsegaw, 2020). The first strand pertains to connections among development indicators as well as determinants of human development.…”

Human Development and Governance in Africa

“…The extant literature on the nexus between good governance and human development can be discussed in three main sections (Tsegaw 2020). The first section pertains to connections among development indicators as well as determinants of human development.…”

İyi̇ Yöneti̇şi̇mi̇n Seçi̇lmi̇ş Sosyal Ve Ekonomi̇k Göstergeler Üzeri̇ndeki̇ Etki̇leri̇: Orta Asya Türk Cumhuri̇yetleri̇ Ve Türki̇ye Örneği̇

“…),Almohammed ve Ekşi (2021), Al-Naser ve Hamdan (2021),Mengistu ve Adhikary (2011),Subasat ve Bellos (2013) ileTsegaw (2020) tarafından yapılan çalışmalar izlenerek kurulan ekonometrik modeller aşağıda yer almaktadır: 𝐹𝐷𝐼 𝑖𝑡 = 𝛽 0 + 𝛽 1 𝐺𝐷𝑃𝑃𝐶 𝑖𝑡 + 𝛽 2 𝐻𝐷𝐼 𝑖𝑡 + 𝛽 3 𝑌𝐾𝐸 𝑖𝑡 + 𝑒 𝑖𝑡 (1) 𝐻𝐷𝐼 𝑖𝑡 = 𝛼 0 + 𝛼 1 𝐺𝐷𝑃𝑃𝐶 𝑖𝑡 + 𝛼 2 𝑌𝐾𝐸 𝑖𝑡 + 𝑢 𝑖𝑡 (2) 𝐺𝐷𝑃𝑃𝐶 𝑖𝑡 = 𝛿 0 + 𝛿 1 𝐹𝐷𝐼 𝑖𝑡 + 𝛿 2 𝐻𝐷𝐼 𝑖𝑡 + 𝛿 3 𝑌𝐾𝐸 𝑖𝑡 + 𝑣 𝑖𝑡 (3) Bu modellerde yer alan iyi yönetişim endeksine ait altı farklı alt gösterge, her bir modele ayrı ayrı eklenmiştir. Böylece çalışmada 18 farklı model kullanılmıştır.…”