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Inclusive growth in Africa: Do fiscal measures matter?

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Поле Значение
 
Заглавие Inclusive growth in Africa: Do fiscal measures matter?
 
Автор Mamman, S. O.
Sohag, K.
Abubakar, A. B.
 
Тематика AFRICA
DEBT SERVICE
FISCAL POLICY
GOVERNMENT EXPENDITURE
INCLUSIVE GROWTH
INCOME INEQUALITY
POVERTY
SUSTAINABLE GROWTH
TAXATION
 
Описание In recent times, Africa has experienced remarkable economic growth; nonetheless, this advancement remains far from being considered inclusive, given the persistently high levels of poverty and income inequality across the continent. To this end, this study investigates the role of fiscal policy measures on inclusive growth using absolute and relative pro-poor measures of growth. The study utilizes panel data from 48 African countries spanning the period 1996 to 2020 and employs the Panel System Generalized Method of Moments (GMM) technique for analysis. Estimation results reveal a concerning trend where public debt service exacerbates both poverty and income inequality, underscoring the adverse consequences of mounting public debt pressures in the region. Interestingly, while government expenditure reduces inequality and worsens poverty, an increase in taxation reduces poverty but worsens income inequality. Further, an increase in taxation negatively affects the income shares of the bottom and middle-income groups while the top-income groups benefit. The findings of this study have significant policy implications for improving inclusive growth in the continent. © 2023 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
The payment of the APC by the University of the West of Scotland is appreciated.
 
Дата 2024-04-05T16:35:24Z
2024-04-05T16:35:24Z
2023
 
Тип Review
Review (info:eu-repo/semantics/review)
|info:eu-repo/semantics/publishedVersion
 
Идентификатор Mamman, S, Sohag, K & Abubakar, A 2023, 'Inclusive growth in Africa: Do fiscal measures matter?', Cogent Economics & Finance, Том. 11, № 2, 2273604. https://doi.org/10.1080/23322039.2023.2273604
Mamman, S., Sohag, K., & Abubakar, A. (2023). Inclusive growth in Africa: Do fiscal measures matter? Cogent Economics & Finance, 11(2), [2273604]. https://doi.org/10.1080/23322039.2023.2273604
2332-2039
Final
All Open Access, Gold
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85175705125&doi=10.1080%2f23322039.2023.2273604&partnerID=40&md5=fe041fc8878e89530bdb449392234d60
https://www.tandfonline.com/doi/pdf/10.1080/23322039.2023.2273604?needAccess=true
http://elar.urfu.ru/handle/10995/130916
10.1080/23322039.2023.2273604
85175705125
001092508500001
 
Язык en
 
Права Open access (info:eu-repo/semantics/openAccess)
cc-by
https://creativecommons.org/licenses/by/4.0/
 
Формат application/pdf
 
Издатель Cogent OA
 
Источник Cogent Economics & Finance
Cogent Economics and Finance