Loading…
Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa
Sub-Saharan African countries are known to be bedeviled with some challenges hindering the economic development. Meanwhile, some of these issues have not been exhaustively investigated in the context of the region. Thus, this study aimed at investigating the implications of government effectiveness,...
Saved in:
Published in: | International journal of environmental research and public health 2021-06, Vol.18 (12), p.6236 |
---|---|
Main Authors: | , , , , , , , |
Format: | Article |
Language: | English |
Subjects: | |
Citations: | Items that this one cites Items that cite this one |
Online Access: | Get full text |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
cited_by | cdi_FETCH-LOGICAL-c395t-f3afca88df7ebbedbb11f49d9c253ce39dded715f9339aeae309879aaebfe53b3 |
---|---|
cites | cdi_FETCH-LOGICAL-c395t-f3afca88df7ebbedbb11f49d9c253ce39dded715f9339aeae309879aaebfe53b3 |
container_end_page | |
container_issue | 12 |
container_start_page | 6236 |
container_title | International journal of environmental research and public health |
container_volume | 18 |
creator | Rjoub, Husam Ifediora, Chuka Uzoma Odugbesan, Jamiu Adetola Iloka, Benneth Chiemelie Xavier Rita, João Dantas, Rui Miguel Mata, Mário Nuno Martins, José Moleiro |
description | Sub-Saharan African countries are known to be bedeviled with some challenges hindering the economic development. Meanwhile, some of these issues have not been exhaustively investigated in the context of the region. Thus, this study aimed at investigating the implications of government effectiveness, availability of natural resources, and security threats on the regions’ economic development. Yearly data, spanning from 2007 to 2020, was converted from low frequency (yearly) to high frequency (quarterly) and utilized. Data analysis was conducted using Dynamic heterogeneous panel level estimators (PMG and CS-ARDL). Findings show that while PMG estimator confirms a long-run causal effect of governance, natural resources, and security threats on economic development, only natural resources show a short-run causal effect with economic development, while the CS-ARDL (model 2) confirms the significance of all the variables both in the long and short-run. Moreover, the ECT coefficients for both models were found to be statistically significant at less than 1% significance level, which indicates that the systems return back to equilibrium in case of a shock that causes disequilibrium, and in addition, reveals a stable long-run cointegration among the variables in the model. Finally, this study suggests that the policy makers in SSA countries should place more emphasis on improving governance, managing security challenges, and effectively utilizing rents from the natural resources, as all these have severe implications for the economic development of the region if not addressed. |
doi_str_mv | 10.3390/ijerph18126236 |
format | article |
fullrecord | <record><control><sourceid>proquest_pubme</sourceid><recordid>TN_cdi_pubmedcentral_primary_oai_pubmedcentral_nih_gov_8296055</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>2544977661</sourcerecordid><originalsourceid>FETCH-LOGICAL-c395t-f3afca88df7ebbedbb11f49d9c253ce39dded715f9339aeae309879aaebfe53b3</originalsourceid><addsrcrecordid>eNpdkcFv1TAMxiMEYmNw5RyJC4d1JE2bNhyQpu0xJk0g8cY5chOHl6c2KUn7pB3438m0CTFOtuSfP3-2CXnL2ZkQin3we0zzjve8lrWQz8gxl5JVjWT8-T_5EXmV854x0TdSvSRHoqlZJ1t-TH5fT_PoDSw-hkyjo1fxgClAMHhKv8KyJhjpd8xxTQbzKYVg6RbNmvxyR293CWEpbYFuTAxx8oZe4gHHOE8Ylo90c_AWixR1KU50uw7VFnaQINBzl8rU1-SFgzHjm8d4Qn583txefKluvl1dX5zfVEaodqmcAGeg763rcBjQDgPnrlFWmboVBoWyFm3HW6fKTQABBVN9pwBwcNiKQZyQTw-68zpMaE0xV_bSc_ITpDsdweunleB3-mc86L5WkrVtEXj_KJDirxXzoiefDY4jBIxr1nXb9A3rVFcX9N1_6L4cL5T17qlGdZ2UvFBnD5RJMeeE7q8ZzvT9Z_XTz4o_AKKaGQ</addsrcrecordid><sourcetype>Open Access Repository</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2544977661</pqid></control><display><type>article</type><title>Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa</title><source>Full-Text Journals in Chemistry (Open access)</source><source>ProQuest - Publicly Available Content Database</source><source>PubMed Central</source><creator>Rjoub, Husam ; Ifediora, Chuka Uzoma ; Odugbesan, Jamiu Adetola ; Iloka, Benneth Chiemelie ; Xavier Rita, João ; Dantas, Rui Miguel ; Mata, Mário Nuno ; Martins, José Moleiro</creator><creatorcontrib>Rjoub, Husam ; Ifediora, Chuka Uzoma ; Odugbesan, Jamiu Adetola ; Iloka, Benneth Chiemelie ; Xavier Rita, João ; Dantas, Rui Miguel ; Mata, Mário Nuno ; Martins, José Moleiro</creatorcontrib><description>Sub-Saharan African countries are known to be bedeviled with some challenges hindering the economic development. Meanwhile, some of these issues have not been exhaustively investigated in the context of the region. Thus, this study aimed at investigating the implications of government effectiveness, availability of natural resources, and security threats on the regions’ economic development. Yearly data, spanning from 2007 to 2020, was converted from low frequency (yearly) to high frequency (quarterly) and utilized. Data analysis was conducted using Dynamic heterogeneous panel level estimators (PMG and CS-ARDL). Findings show that while PMG estimator confirms a long-run causal effect of governance, natural resources, and security threats on economic development, only natural resources show a short-run causal effect with economic development, while the CS-ARDL (model 2) confirms the significance of all the variables both in the long and short-run. Moreover, the ECT coefficients for both models were found to be statistically significant at less than 1% significance level, which indicates that the systems return back to equilibrium in case of a shock that causes disequilibrium, and in addition, reveals a stable long-run cointegration among the variables in the model. Finally, this study suggests that the policy makers in SSA countries should place more emphasis on improving governance, managing security challenges, and effectively utilizing rents from the natural resources, as all these have severe implications for the economic development of the region if not addressed.</description><identifier>ISSN: 1660-4601</identifier><identifier>ISSN: 1661-7827</identifier><identifier>EISSN: 1660-4601</identifier><identifier>DOI: 10.3390/ijerph18126236</identifier><identifier>PMID: 34207651</identifier><language>eng</language><publisher>Basel: MDPI AG</publisher><subject>Civil war ; Economic development ; Economic models ; Electroconvulsive therapy ; Natural resources ; Security ; Statistical analysis ; Violence</subject><ispartof>International journal of environmental research and public health, 2021-06, Vol.18 (12), p.6236</ispartof><rights>2021 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.</rights><rights>2021 by the authors. 2021</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c395t-f3afca88df7ebbedbb11f49d9c253ce39dded715f9339aeae309879aaebfe53b3</citedby><cites>FETCH-LOGICAL-c395t-f3afca88df7ebbedbb11f49d9c253ce39dded715f9339aeae309879aaebfe53b3</cites><orcidid>0000-0003-2352-3798 ; 0000-0003-1297-4905 ; 0000-0003-3301-396X ; 0000-0001-6536-8971 ; 0000-0003-4892-116X ; 0000-0003-1765-4273 ; 0000-0001-6853-2917 ; 0000-0001-8566-7303</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.proquest.com/docview/2544977661/fulltextPDF?pq-origsite=primo$$EPDF$$P50$$Gproquest$$Hfree_for_read</linktopdf><linktohtml>$$Uhttps://www.proquest.com/docview/2544977661?pq-origsite=primo$$EHTML$$P50$$Gproquest$$Hfree_for_read</linktohtml><link.rule.ids>230,315,733,786,790,891,25783,27957,27958,37047,37048,44625,53827,53829,75483</link.rule.ids></links><search><creatorcontrib>Rjoub, Husam</creatorcontrib><creatorcontrib>Ifediora, Chuka Uzoma</creatorcontrib><creatorcontrib>Odugbesan, Jamiu Adetola</creatorcontrib><creatorcontrib>Iloka, Benneth Chiemelie</creatorcontrib><creatorcontrib>Xavier Rita, João</creatorcontrib><creatorcontrib>Dantas, Rui Miguel</creatorcontrib><creatorcontrib>Mata, Mário Nuno</creatorcontrib><creatorcontrib>Martins, José Moleiro</creatorcontrib><title>Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa</title><title>International journal of environmental research and public health</title><description>Sub-Saharan African countries are known to be bedeviled with some challenges hindering the economic development. Meanwhile, some of these issues have not been exhaustively investigated in the context of the region. Thus, this study aimed at investigating the implications of government effectiveness, availability of natural resources, and security threats on the regions’ economic development. Yearly data, spanning from 2007 to 2020, was converted from low frequency (yearly) to high frequency (quarterly) and utilized. Data analysis was conducted using Dynamic heterogeneous panel level estimators (PMG and CS-ARDL). Findings show that while PMG estimator confirms a long-run causal effect of governance, natural resources, and security threats on economic development, only natural resources show a short-run causal effect with economic development, while the CS-ARDL (model 2) confirms the significance of all the variables both in the long and short-run. Moreover, the ECT coefficients for both models were found to be statistically significant at less than 1% significance level, which indicates that the systems return back to equilibrium in case of a shock that causes disequilibrium, and in addition, reveals a stable long-run cointegration among the variables in the model. Finally, this study suggests that the policy makers in SSA countries should place more emphasis on improving governance, managing security challenges, and effectively utilizing rents from the natural resources, as all these have severe implications for the economic development of the region if not addressed.</description><subject>Civil war</subject><subject>Economic development</subject><subject>Economic models</subject><subject>Electroconvulsive therapy</subject><subject>Natural resources</subject><subject>Security</subject><subject>Statistical analysis</subject><subject>Violence</subject><issn>1660-4601</issn><issn>1661-7827</issn><issn>1660-4601</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2021</creationdate><recordtype>article</recordtype><sourceid>PIMPY</sourceid><recordid>eNpdkcFv1TAMxiMEYmNw5RyJC4d1JE2bNhyQpu0xJk0g8cY5chOHl6c2KUn7pB3438m0CTFOtuSfP3-2CXnL2ZkQin3we0zzjve8lrWQz8gxl5JVjWT8-T_5EXmV854x0TdSvSRHoqlZJ1t-TH5fT_PoDSw-hkyjo1fxgClAMHhKv8KyJhjpd8xxTQbzKYVg6RbNmvxyR293CWEpbYFuTAxx8oZe4gHHOE8Ylo90c_AWixR1KU50uw7VFnaQINBzl8rU1-SFgzHjm8d4Qn583txefKluvl1dX5zfVEaodqmcAGeg763rcBjQDgPnrlFWmboVBoWyFm3HW6fKTQABBVN9pwBwcNiKQZyQTw-68zpMaE0xV_bSc_ITpDsdweunleB3-mc86L5WkrVtEXj_KJDirxXzoiefDY4jBIxr1nXb9A3rVFcX9N1_6L4cL5T17qlGdZ2UvFBnD5RJMeeE7q8ZzvT9Z_XTz4o_AKKaGQ</recordid><startdate>20210609</startdate><enddate>20210609</enddate><creator>Rjoub, Husam</creator><creator>Ifediora, Chuka Uzoma</creator><creator>Odugbesan, Jamiu Adetola</creator><creator>Iloka, Benneth Chiemelie</creator><creator>Xavier Rita, João</creator><creator>Dantas, Rui Miguel</creator><creator>Mata, Mário Nuno</creator><creator>Martins, José Moleiro</creator><general>MDPI AG</general><general>MDPI</general><scope>AAYXX</scope><scope>CITATION</scope><scope>3V.</scope><scope>7X7</scope><scope>7XB</scope><scope>88E</scope><scope>8C1</scope><scope>8FI</scope><scope>8FJ</scope><scope>8FK</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FYUFA</scope><scope>GHDGH</scope><scope>K9.</scope><scope>M0S</scope><scope>M1P</scope><scope>PIMPY</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PRINS</scope><scope>7X8</scope><scope>5PM</scope><orcidid>https://orcid.org/0000-0003-2352-3798</orcidid><orcidid>https://orcid.org/0000-0003-1297-4905</orcidid><orcidid>https://orcid.org/0000-0003-3301-396X</orcidid><orcidid>https://orcid.org/0000-0001-6536-8971</orcidid><orcidid>https://orcid.org/0000-0003-4892-116X</orcidid><orcidid>https://orcid.org/0000-0003-1765-4273</orcidid><orcidid>https://orcid.org/0000-0001-6853-2917</orcidid><orcidid>https://orcid.org/0000-0001-8566-7303</orcidid></search><sort><creationdate>20210609</creationdate><title>Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa</title><author>Rjoub, Husam ; Ifediora, Chuka Uzoma ; Odugbesan, Jamiu Adetola ; Iloka, Benneth Chiemelie ; Xavier Rita, João ; Dantas, Rui Miguel ; Mata, Mário Nuno ; Martins, José Moleiro</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c395t-f3afca88df7ebbedbb11f49d9c253ce39dded715f9339aeae309879aaebfe53b3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2021</creationdate><topic>Civil war</topic><topic>Economic development</topic><topic>Economic models</topic><topic>Electroconvulsive therapy</topic><topic>Natural resources</topic><topic>Security</topic><topic>Statistical analysis</topic><topic>Violence</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Rjoub, Husam</creatorcontrib><creatorcontrib>Ifediora, Chuka Uzoma</creatorcontrib><creatorcontrib>Odugbesan, Jamiu Adetola</creatorcontrib><creatorcontrib>Iloka, Benneth Chiemelie</creatorcontrib><creatorcontrib>Xavier Rita, João</creatorcontrib><creatorcontrib>Dantas, Rui Miguel</creatorcontrib><creatorcontrib>Mata, Mário Nuno</creatorcontrib><creatorcontrib>Martins, José Moleiro</creatorcontrib><collection>CrossRef</collection><collection>ProQuest Central (Corporate)</collection><collection>ProQuest Health & Medical Collection</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>Medical Database (Alumni Edition)</collection><collection>ProQuest Public Health Database</collection><collection>Hospital Premium Collection</collection><collection>Hospital Premium Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ProQuest Central (Alumni)</collection><collection>ProQuest Central</collection><collection>ProQuest Central Essentials</collection><collection>AUTh Library subscriptions: ProQuest Central</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central</collection><collection>Health Research Premium Collection</collection><collection>Health Research Premium Collection (Alumni)</collection><collection>ProQuest Health & Medical Complete (Alumni)</collection><collection>Health & Medical Collection (Alumni Edition)</collection><collection>PML(ProQuest Medical Library)</collection><collection>ProQuest - Publicly Available Content Database</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central China</collection><collection>MEDLINE - Academic</collection><collection>PubMed Central (Full Participant titles)</collection><jtitle>International journal of environmental research and public health</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Rjoub, Husam</au><au>Ifediora, Chuka Uzoma</au><au>Odugbesan, Jamiu Adetola</au><au>Iloka, Benneth Chiemelie</au><au>Xavier Rita, João</au><au>Dantas, Rui Miguel</au><au>Mata, Mário Nuno</au><au>Martins, José Moleiro</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa</atitle><jtitle>International journal of environmental research and public health</jtitle><date>2021-06-09</date><risdate>2021</risdate><volume>18</volume><issue>12</issue><spage>6236</spage><pages>6236-</pages><issn>1660-4601</issn><issn>1661-7827</issn><eissn>1660-4601</eissn><notes>ObjectType-Article-1</notes><notes>SourceType-Scholarly Journals-1</notes><notes>ObjectType-Feature-2</notes><notes>content type line 23</notes><abstract>Sub-Saharan African countries are known to be bedeviled with some challenges hindering the economic development. Meanwhile, some of these issues have not been exhaustively investigated in the context of the region. Thus, this study aimed at investigating the implications of government effectiveness, availability of natural resources, and security threats on the regions’ economic development. Yearly data, spanning from 2007 to 2020, was converted from low frequency (yearly) to high frequency (quarterly) and utilized. Data analysis was conducted using Dynamic heterogeneous panel level estimators (PMG and CS-ARDL). Findings show that while PMG estimator confirms a long-run causal effect of governance, natural resources, and security threats on economic development, only natural resources show a short-run causal effect with economic development, while the CS-ARDL (model 2) confirms the significance of all the variables both in the long and short-run. Moreover, the ECT coefficients for both models were found to be statistically significant at less than 1% significance level, which indicates that the systems return back to equilibrium in case of a shock that causes disequilibrium, and in addition, reveals a stable long-run cointegration among the variables in the model. Finally, this study suggests that the policy makers in SSA countries should place more emphasis on improving governance, managing security challenges, and effectively utilizing rents from the natural resources, as all these have severe implications for the economic development of the region if not addressed.</abstract><cop>Basel</cop><pub>MDPI AG</pub><pmid>34207651</pmid><doi>10.3390/ijerph18126236</doi><orcidid>https://orcid.org/0000-0003-2352-3798</orcidid><orcidid>https://orcid.org/0000-0003-1297-4905</orcidid><orcidid>https://orcid.org/0000-0003-3301-396X</orcidid><orcidid>https://orcid.org/0000-0001-6536-8971</orcidid><orcidid>https://orcid.org/0000-0003-4892-116X</orcidid><orcidid>https://orcid.org/0000-0003-1765-4273</orcidid><orcidid>https://orcid.org/0000-0001-6853-2917</orcidid><orcidid>https://orcid.org/0000-0001-8566-7303</orcidid><oa>free_for_read</oa></addata></record> |
fulltext | fulltext |
identifier | ISSN: 1660-4601 |
ispartof | International journal of environmental research and public health, 2021-06, Vol.18 (12), p.6236 |
issn | 1660-4601 1661-7827 1660-4601 |
language | eng |
recordid | cdi_pubmedcentral_primary_oai_pubmedcentral_nih_gov_8296055 |
source | Full-Text Journals in Chemistry (Open access); ProQuest - Publicly Available Content Database; PubMed Central |
subjects | Civil war Economic development Economic models Electroconvulsive therapy Natural resources Security Statistical analysis Violence |
title | Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa |
url | http://sfxeu10.hosted.exlibrisgroup.com/loughborough?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-09-22T15%3A22%3A10IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_pubme&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Implications%20of%20Governance,%20Natural%20Resources,%20and%20Security%20Threats%20on%20Economic%20Development:%20Evidence%20from%20Sub-Saharan%20Africa&rft.jtitle=International%20journal%20of%20environmental%20research%20and%20public%20health&rft.au=Rjoub,%20Husam&rft.date=2021-06-09&rft.volume=18&rft.issue=12&rft.spage=6236&rft.pages=6236-&rft.issn=1660-4601&rft.eissn=1660-4601&rft_id=info:doi/10.3390/ijerph18126236&rft_dat=%3Cproquest_pubme%3E2544977661%3C/proquest_pubme%3E%3Cgrp_id%3Ecdi_FETCH-LOGICAL-c395t-f3afca88df7ebbedbb11f49d9c253ce39dded715f9339aeae309879aaebfe53b3%3C/grp_id%3E%3Coa%3E%3C/oa%3E%3Curl%3E%3C/url%3E&rft_id=info:oai/&rft_pqid=2544977661&rft_id=info:pmid/34207651&rfr_iscdi=true |