Domestic Credit and Export Diversification: Africa from a Global Perspective
作者: FosuAbass
作者单位: 1a Institute of Statistical, Social and Economic Research (ISSER) , University of Ghana , Legon , Ghana
2b Faculty of Economic and Management Sciences (FEMS) , University of Pretoria , Pretoria , South Africa
3c Centre for the Study of African Economies (CSAE) , University of Oxford , Oxford , UK
4d Institute of Statistical, Social and Economic Research (ISSER) , University of Ghana , Legon , Ghana
刊名: Journal of African Business, 2019, Vol.20 (2), pp.160-179
来源数据库: Taylor & Francis Journal
DOI: 10.1080/15228916.2019.1582295
关键词: Export diversificationDomestic creditAfricaGlobal perspective
原始语种摘要: ABSTRACT(#br)As open economies, African countries need to diversify their exports for economic transformation, sustained growth, and development. Meanwhile, there has been increasing importance of development financing. Following the discussion of theoretical issues on the importance of domestic credit as a potential instrument for overcoming the liquidity constraint of developing countries, as in the case of Africa, this paper empirically explores the determinants of export diversification, with particular attention to domestic credit. The estimation is based on a five-year panel regression analysis for the 1962–2010 period involving 80 countries around the world, of which 62 are developing and 29 African countries, using as covariates variables traditionally viewed as affecting export...
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关键词翻译
关键词翻译
  • Africa 非洲
  • credit 信用
  • importance 重要性
  • governance 统治方式
  • domestic 国产的
  • liquidity 怜性
  • diversify 多样化
  • development 开发
  • capital 首都
  • economic 经济的