Fiscal Dividend from Saving, Investment and Per Capita Income Growth in Sub-Saharan Africa: Panel Data Analysis

dc.contributor.authorAikaeli, Jehovaness
dc.date.accessioned2016-04-14T12:11:07Z
dc.date.available2016-04-14T12:11:07Z
dc.date.issued2014
dc.descriptionTo get full access please visit the following linkhttp://www.ccsenet.org/journal/index.php/ijef/article/view/41628en_US
dc.description.abstractMost of sub-Saharan Africa countries (SSA) have recorded impressive rates of growth and remained resilient to shocks especially during the recent past. Nevertheless, the status of social welfare has remained low as manifested by poor quality of standard of living and short longevity of life. In cognisance of the role of public sector to wellbeing through the fiscal arrangement, the objective of this study was to unearth the extent to which SSA have taken advantage of the achieved saving, investment and growth performance to enhance fiscal gains. Panel data analysis of 40 countries was done and results indicated that per capita income growth, total investment and gross national saving bolstered governments’ revenue and thus reduced budget deficits in SSA, except in the global economic crisis during which, only saving yielded significant fiscal dividend in terms of cushioning the revenue. In view of this, enhancing national savings (both public and private) in SSA can appropriate surpassing return to fiscal stance.en_US
dc.identifier.citationAikaeli, J. (2014). Fiscal Dividend from Saving, Investment and Per Capita Income Growth in Sub-Saharan Africa: Panel Data Analysis. International Journal of Economics and Finance, 6(11).en_US
dc.identifier.doi10.5539/ijef.v6n11p173
dc.identifier.issn1916-971X
dc.identifier.issn1916-9728
dc.identifier.urihttp://hdl.handle.net/123456789/1534
dc.language.isoenen_US
dc.publisherCanadian Center of Science and Educationen_US
dc.subjectGovernment revenueen_US
dc.subjectDeficiten_US
dc.subjectGrowthen_US
dc.subjectSavingen_US
dc.subjectInvestmenten_US
dc.titleFiscal Dividend from Saving, Investment and Per Capita Income Growth in Sub-Saharan Africa: Panel Data Analysisen_US
dc.typeJournal Article, Peer Revieweden_US
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