Author:
Asongu Simplice,Nnanna Joseph
Abstract
Purpose
This study aims to assess the role of income levels (low and middle) in modulating governance (political and economic) to influence inclusive human development.
Design/methodology/approach
The empirical evidence is based on interactive quantile regressions and 49 countries in sub-Saharan Africa for the period 2000-2002.
Findings
The following main findings are established. Firstly, low income modulates governance (economic and political) to positively affect inclusive human development exclusively in countries with above-median levels of inclusive human development. It follows that countries with averagely higher levels of inclusive human development are more likely to benefit from the relevance of income levels in influencing governance for inclusive development. Secondly, the importance of middle income in modulating political governance to positively affect inclusive human development is apparent exclusively in the median while the relevance of middle income in moderating economic governance to positively influence inclusive human development is significantly apparent in the 10th and 75th quantiles. Thirdly, regardless of panels, income levels modulate economic governance to affect inclusive human development at a higher magnitude, compared to political governance. Policy implications are discussed in light of the post-2015 agenda of sustainable development goals and contemporary development paradigms.
Originality/value
This study complements the extant sparse literature on inclusive human development in Africa.
Subject
Strategy and Management,Economics and Econometrics,Business and International Management
Cited by
4 articles.
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