Does economic complexity enhance governance quality in Africa?

被引:8
作者
Djeunankan, Ronald [1 ]
Kamguia, Brice [2 ]
Tadadjeu, Sosson [1 ]
机构
[1] Univ Dschang, Dschang Sch Econ & Management DSEM, Dschang, Cameroon
[2] Univ Yaounde II, Fac Econ & Management, CEREG, Yaounde, Cameroon
来源
CANADIAN JOURNAL OF DEVELOPMENT STUDIES-REVUE CANADIENNE D ETUDES DU DEVELOPPEMENT | 2024年 / 45卷 / 02期
关键词
Economic complexity; governance; Africa; sustainable development; FOREIGN DIRECT-INVESTMENT; INSTITUTIONAL QUALITY; EMPIRICAL-EVIDENCE; PANEL-DATA; DIVERSIFICATION; INEQUALITY; CORRUPTION; KNOWLEDGE; GROWTH; TESTS;
D O I
10.1080/02255189.2023.2268801
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
The importance of governance in promoting economic growth and its crucial role in the achievement of other Sustainable Development Goals have been largely discussed in the literature. Given the importance of governance and the desire of all nations to ameliorate the level of governance, a growing literature has engaged in understanding its determinants. This study attempts to contribute to this literature by examining, for the first time, the effect of economic complexity on governance using data from 32 African countries over the period from 2002 to 2019. We elaborate four governance indicators based on a principal component analysis. Results provide strong evidence of a positive relationship, suggesting that moving to higher levels of economic complexity leads to better governance performance. We identify human capital, foreign direct investment, and income inequality as some transmission channels through which economic complexity promotes governance. Based on these results, several policy implications are discussed. L'importance de la gouvernance dans le developpement de la croissance economique, ainsi que son role crucial dans la realisation d'autres Objectifs de Developpement Durable, ont ete longuement debattus dans le milieu academique. Ce role important qui lui est donne, ainsi que la volonte de toutes les nations d'ameliorer leur niveau de gouvernance, ont mene a un nombre croissant d'etudes ayant pour sujet la comprehension des determinants de la gouvernance. Dans cet article, nous contribuons a cette litterature en analysant, pour la premiere fois, les effets de la complexite economique sur la gouvernance dans 32 pays africains, en nous basant sur des donnees collectees entre 2002 et 2019. Au fil d'une analyse en composantes principales, nous degageons quatre indicateurs de gouvernance. Nos resultats indiquent l'existence d'une relation positive, suggerant ainsi que l'adoption de niveaux de complexite economique plus eleves mene a une meilleure performance de gouvernance. Nous identifions le capital humain, les investissements directs etrangers, et l'inegalite de revenus comme certains des canaux de transmission par le biais desquels la complexite economique stimule la gouvernance. En nous basant sur ces resultats, nous considerons les implications politiques de cette relation entre complexite economique et gouvernance.
引用
收藏
页码:306 / 331
页数:26
相关论文
共 81 条
[51]   The building blocks of economic complexity [J].
Hidalgo, Cesar A. ;
Hausmann, Ricardo .
PROCEEDINGS OF THE NATIONAL ACADEMY OF SCIENCES OF THE UNITED STATES OF AMERICA, 2009, 106 (26) :10570-10575
[52]   INDEX OF FACTORIAL SIMPLICITY [J].
KAISER, HF .
PSYCHOMETRIKA, 1974, 39 (01) :31-36
[53]  
Kamguia B., 2022, Int Econ, V169, P71, DOI [DOI 10.1016/J.INTECO.2021.10.004, https://doi.org/10.1016/j.inteco.2021.10.004]
[54]   The Worldwide Governance Indicators: Methodology and Analytical Issues [J].
Kaufmann, Daniel ;
Kraay, Aart ;
Mastruzzi, Massimo .
HAGUE JOURNAL ON THE RULE OF LAW, 2011, 3 (02) :220-246
[55]   Causal Nexus between Economic Complexity and FDI: Empirical Evidence from Time Series Analysis [J].
Khan, Hameed ;
Khan, Umair ;
Khan, Muhammad Asif .
CHINESE ECONOMY, 2020, 53 (05) :374-394
[56]   Generalized reduced rank tests using the singular value decomposition [J].
Kleibergen, Frank ;
Paap, Richard .
JOURNAL OF ECONOMETRICS, 2006, 133 (01) :97-126
[57]   Diversification and democracy [J].
Kolstad, Ivar ;
Wiig, Arne .
INTERNATIONAL POLITICAL SCIENCE REVIEW, 2018, 39 (04) :551-569
[58]   Foreign direct investment and governance quality in Russia [J].
Kuzmina, Olga ;
Volchkova, Natalya ;
Zueva, Tatiana .
JOURNAL OF COMPARATIVE ECONOMICS, 2014, 42 (04) :874-891
[59]   How does economic complexity influence income inequality? New evidence from international data [J].
Lan Khanh Chu ;
Dung Phuong Hoang .
ECONOMIC ANALYSIS AND POLICY, 2020, 68 :44-57
[60]  
Lapatinas A, 2016, ECON BULL, V36, P1441