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SCOPUS 학술저널

De jure, De facto Globalization and Economic Growth in Sub-Saharan Africa

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Using data from 40 Sub-Saharan African (SSA) countries from 1980 to 2015, the present study examines the effects of globalization and its dimensions on economic growth by distinguishing the de jure and de facto aspects. Through second-generation panel data tests, the study analyzes the crosssectional dependence between the countries studied and adopts an appropriate methodology for its effectiveness treatment. The study finds an economic growth effect for the overall globalization in SSA countries. It also demonstrates that de jure globalization increases economic growth, while de facto aspect undermines this growth. However, this is still evidence that de jure, de facto economic globalization, and de jure social globalization promote economic growth. De facto social globalization and de jure political globalization remain ineffective, while de facto political dimension of globalization hinders growth.

I. Introduction

II. Review on Globalization and Economic Growth

III. Methodology and Estimation Strategy

VI. Data and Variables Description

V. Results and Discussion

VI. Conclusion and Recommendations

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