|
| |
| Philémon Votsoma, Sem I-dé Dringa . and Mohammadou Nourou |
| |
| ''Inclusive green growth in Africa: does institutionalized democracy matter?'' |
| ( 2025, Vol. 45 No.4 ) |
| |
| |
| The quality of institutions, especially institutionalized democracy, is an important
determinant of inclusive green growth in Africa. Using data from 39 African countries over the
period 2002 to 2022, this study examines the effect of institutionalized democracy on inclusive
green growth. In order to address heteroscedasticity and conditional heterogeneity, we used the
Driscoll-Kraay method and the Generalized Method of Moments (GMM) to address
endogeneity. The main result of this study reveals that institutionalized democracy accelerates
inclusive green growth. Therefore, it is essential for African countries to strengthen
democratic institutions. |
| |
| |
| Keywords: institutionalized democracy, inclusive green growth, Africa |
JEL: O1 - Economic Development: General
O4 - Economic Growth and Aggregate Productivity: General |
| |
| Manuscript Received : Mar 01 2025 | | Manuscript Accepted : Dec 30 2025 |
|
