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

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dc.creator Aikaeli, Jehovaness
dc.date 2016-04-14T12:11:07Z
dc.date 2016-04-14T12:11:07Z
dc.date 2014
dc.date.accessioned 2018-03-27T09:04:55Z
dc.date.available 2018-03-27T09:04:55Z
dc.identifier Aikaeli, 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).
dc.identifier 1916-971X
dc.identifier 1916-9728
dc.identifier http://hdl.handle.net/123456789/1534
dc.identifier 10.5539/ijef.v6n11p173
dc.identifier.uri http://hdl.handle.net/123456789/4584
dc.description To get full access please visit the following linkhttp://www.ccsenet.org/journal/index.php/ijef/article/view/41628
dc.description Most 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.
dc.language en
dc.publisher Canadian Center of Science and Education
dc.subject Government revenue
dc.subject Deficit
dc.subject Growth
dc.subject Saving
dc.subject Investment
dc.title Fiscal Dividend from Saving, Investment and Per Capita Income Growth in Sub-Saharan Africa: Panel Data Analysis
dc.type Journal Article, Peer Reviewed


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