Economic Growth in a Cross-Cultural Environment: Lessons for Selected African Countries
Economic Growth in a Cross-Cultural Environment: Lessons for Selected African Countries
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跨文化环境中的经济增长：特定非洲国家的经验教训
DOI：
10.7176/jep/11-24-05
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发表时间：
2020
期刊：
影响因子：
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通讯作者：
U. Effiong
中科院分区：
文献类型：
--
作者：
J. Atan;U. Effiong
在本文中，我们研究了1991年至2017年期间全球化对25个选定非洲国家经济增长的影响。所使用的全球化指数是考虑到全球化的经济、社会和政治层面的全球化研究指数。研究报告还审查了全球化对非洲失业的影响。本研究采用面板单位根检验、协整检验、ARDL向量误差修正机制（VECM）和格兰杰因果关系检验技术。面板单位根检验报告了需要使用协整检验的混合整合顺序。Pedroni协整检验和Fisher-ADF检验揭示了全球化与非洲经济增长之间存在长期关系。基于VECM模型，研究发现，全球化对经济增长的长期影响是积极的和显著的，但短期影响是消极的和不显著的。此外，全球化在长期内对失业产生了积极和重大的影响，而在短期内，这种影响是消极和重大的。Dumitrescu Hurlin专门小组因果关系检验表明，全球化与非洲经济增长之间存在双向关系。该文件的政策含义是，非洲国家应认识到全球化作为推动现代经济的强大力量的长期重要性，因此，应制定连贯一致的政策，并着眼于管理全球化的过度现象，以便与不断演变的世界保持沿着。
In this paper, we examined the effect of globalization on economic growth of 25 selected African countries for the period 1991 to 2017. The index of globalization utilized was the Konjunkturforschungsstelle (KOF) Index of Globalization that takes into consideration the economic, social, and political dimensions of globalization. The study also examined the effect of globalization on unemployment in Africa. The study employed the panel unit root test, cointegration test, ARDL vector error correction mechanism (VECM), and Granger Causality test techniques. The panel unit root test reported a mixed order of integration necessitating the use of the cointegration test. The Pedroni cointegration test and the Fisher-ADF test revealed the presence of a long run relationship between globalization and economic growth in Africa. Based on the VECM, it was observed that globalization exerts a positive and significant effect on economic growth in the long run but a negative and insignificant effect in the short run. Also, globalization exerted a positive and significant effect on unemployment in the long run while in the short run, the effect was negative and significant. The Dumitrescu Hurlin Panel Causality Tests revealed the existence of a bi-directional relationship between globalization and economic growth in Africa. The policy implication of the paper is that African countries should realize the long run importance of globalization as a powerful force that drives a modern economy hence, coherent policies should be developed and geared towards managing the excesses of globalization so as to be moving along with the ever evolving world.
个人用通讯机器人 一般讨论
DOI：
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发表时间：
2019
期刊：
日本ロボット工業会『ロボット』
影响因子：
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作者：
西脇裕作;板敷尚;岡田美智男;岡田美智男
通讯作者：
岡田美智男