Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa

Detalhes bibliográficos
Autor(a) principal: Rjoub, Husam
Data de Publicação: 2021
Outros Autores: IFEDIORA, CHUKA, Odugbesan, Jamiu Adetola, Iloka, Chiemelie Benneth, Xavier Rita, João, Dantas, Rui, Mata, Mário Nuno, Moleiro Martins, José
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.21/14457
Resumo: Artigo publicado em revista científica internacional
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spelling Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan AfricaGovernment effectivenessSecurityNatural resourcesEconomic developmentSub-Saharan AfricaArtigo publicado em revista científica internacionalSub-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 develop ment. 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.MDPIRCIPLRjoub, HusamIFEDIORA, CHUKAOdugbesan, Jamiu AdetolaIloka, Chiemelie BennethXavier Rita, JoãoDantas, RuiMata, Mário NunoMoleiro Martins, José2022-03-14T16:07:34Z2021-06-092021-06-09T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.21/14457engRjoub, H., Ifediora, C. U., Odugbesan, J. A., Iloka, B. C., Xavier Rita, J., Dantas, R. M., Mata, M. N., & Martins, J. M. (2021). Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa. International Journal of Environmental Research and Public Health, 18(12), 6236. https://doi.org/10.3390/ijerph18126236info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-08-03T10:10:39Zoai:repositorio.ipl.pt:10400.21/14457Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T20:22:15.662432Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa
title Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa
spellingShingle Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa
Rjoub, Husam
Government effectiveness
Security
Natural resources
Economic development
Sub-Saharan Africa
title_short Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa
title_full Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa
title_fullStr Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa
title_full_unstemmed Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa
title_sort Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa
author Rjoub, Husam
author_facet Rjoub, Husam
IFEDIORA, CHUKA
Odugbesan, Jamiu Adetola
Iloka, Chiemelie Benneth
Xavier Rita, João
Dantas, Rui
Mata, Mário Nuno
Moleiro Martins, José
author_role author
author2 IFEDIORA, CHUKA
Odugbesan, Jamiu Adetola
Iloka, Chiemelie Benneth
Xavier Rita, João
Dantas, Rui
Mata, Mário Nuno
Moleiro Martins, José
author2_role author
author
author
author
author
author
author
dc.contributor.none.fl_str_mv RCIPL
dc.contributor.author.fl_str_mv Rjoub, Husam
IFEDIORA, CHUKA
Odugbesan, Jamiu Adetola
Iloka, Chiemelie Benneth
Xavier Rita, João
Dantas, Rui
Mata, Mário Nuno
Moleiro Martins, José
dc.subject.por.fl_str_mv Government effectiveness
Security
Natural resources
Economic development
Sub-Saharan Africa
topic Government effectiveness
Security
Natural resources
Economic development
Sub-Saharan Africa
description Artigo publicado em revista científica internacional
publishDate 2021
dc.date.none.fl_str_mv 2021-06-09
2021-06-09T00:00:00Z
2022-03-14T16:07:34Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.21/14457
url http://hdl.handle.net/10400.21/14457
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Rjoub, H., Ifediora, C. U., Odugbesan, J. A., Iloka, B. C., Xavier Rita, J., Dantas, R. M., Mata, M. N., & Martins, J. M. (2021). Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa. International Journal of Environmental Research and Public Health, 18(12), 6236. https://doi.org/10.3390/ijerph18126236
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