Evans Kulu, Joshua Sebu and Bismark Osei
Given the relevance of entrepreneurship in nation-building, studies geared towards the promotion of new businesses are crucial. This study aims to contribute to the finance and…
Abstract
Purpose
Given the relevance of entrepreneurship in nation-building, studies geared towards the promotion of new businesses are crucial. This study aims to contribute to the finance and entrepreneurship literature by providing empirical evidence on the role ease of doing business plays in promoting new business establishments amidst financial stability.
Design/methodology/approach
The study used the fixed and random effect estimation techniques as well as the impulse response function to analyse annual panel data covering 53 African countries.
Findings
The results indicate that regulatory quality and access to electricity promote new business establishments. Also, to experience the direct effect of financial stability on new business establishments or entrepreneurship in Africa, the role of the ease of doing business cannot be isolated. The policy implication is that the creation of an enabling business environment is crucial for new business establishments.
Research limitations/implications
The sample only includes countries in Africa. Future or further studies may want to expand the sample size and also consider a comparative analysis where this analysis will be done plus another region so that the differences in findings can be known.
Originality/value
To the best of the authors’ knowledge, this is the first study to investigate the role of ease of doing business on new business establishments in the presence of financial stability in Africa.
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As an effort to support the quest for a stable financial sector, this study aims to determine the factors that contribute to the financial stability gap in sub-Saharan Africa…
Abstract
Purpose
As an effort to support the quest for a stable financial sector, this study aims to determine the factors that contribute to the financial stability gap in sub-Saharan Africa (SSA).
Design/methodology/approach
The estimation techniques used include the fixed and random effect, system general methods of moments and dominance analysis. The data used is annual data for 33 SSA countries, covering the period 2007 to 2018.
Findings
Key findings from the analyses indicate that nonperforming loans increase gaps in financial stability while regulatory quality, control of corruption, political stability and appreciation of the local currency reduce the financial stability gap in SSA.
Research limitations/implications
The absence of a specific metric for measuring the financial stability gap appears to be the limitation of this study. Its existence could improve the discussion and also make replicability easier. However, this study relies on a measure introduced by Kulu et al. (2022b), which is also acceptable and quite popular in the literature.
Originality/value
To the best of the authors’ knowledge, this study is the first in the finance literature to estimate the determinants of the financial stability gap in SSA.
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Bismark Osei, Agbemavor Korsi Fiagbe and Evans Kulu
This study aims to examine the appropriate measures needed toward achieving sustainability of renewable energy production among developing and middle-income countries.
Abstract
Purpose
This study aims to examine the appropriate measures needed toward achieving sustainability of renewable energy production among developing and middle-income countries.
Design/methodology/approach
This study uses semi-annual panel data covering the period 2000–2020 among 152 developing and middle-income countries and Cox proportional hazard model for the analysis.
Findings
Estimates indicate that effective operations of environmental institutions, investment in research and development, subsidizing the production of renewable energy, government investment in producing renewable energy and investment in renewable energy production made by the private sector will contribute immensely toward achieving sustainability of renewable energy production.
Practical implications
This study recommends that governments should rationalize their expenditures to mobilize enough resources for investment in renewable energy production. Again, operations of environmental institutions should be enhanced through giving their managers’ performance contracts and licensing its employees. Enabling environment should be created for private sector to increase their investment in renewable energy production.
Originality/value
Empirical studies have been carried out exploring measures to deal with climate change. Nonetheless, the appropriate measures needed toward achieving sustainability of renewable energy production among developing and middle-income countries have not been explored in existing empirical studies. Hence, this study fills the gap in existing empirical studies.
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Bismark Osei, Mark Edem Kunawotor and Paul Appiah-Konadu
This study examines the appropriate measures that need to be intensified among African countries to achieve sustainable environment to mitigate climate change.
Abstract
Purpose
This study examines the appropriate measures that need to be intensified among African countries to achieve sustainable environment to mitigate climate change.
Design/methodology/approach
The study employs panel data covering the period 2000 to 2020 among 54 African countries and Cox proportional hazard model for the analysis.
Findings
Estimates indicate that the practice of carbon farming, the development of rooftop gardens, renewable energy production and consumption contribute positively toward achieving sustainable environment, while governance adversely affects this objective of achieving sustainable environment.
Practical implications
The study recommends that governments should enforce the constant practice of carbon farming among these countries through passing laws to enforce its application among farmers and allocate 2% of ministry of agriculture's budget toward financing carbon farming for poor farmers.
Originality/value
Empirical studies have been carried out exploring measures to deal with climate change. Nonetheless, the appropriate measures of achieving sustainable environment to mitigate climate change have less been explored in literature on Africa. Hence, this study fills the gap in existing empirical studies.
Peer review
The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-04-2023-0290.
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Bismark Osei, Evans Kulu and Paul Appiah-Konadu
The purpose of this paper is to study the effect of government health expenditure on the health of children (under-five mortality rate and prevalence rate of stunting) among West…
Abstract
Purpose
The purpose of this paper is to study the effect of government health expenditure on the health of children (under-five mortality rate and prevalence rate of stunting) among West African countries.
Design/methodology/approach
The study utilizes heterogeneous panel from the period 1990 to 2018 among 16 West African countries for the analysis. The effect of government health expenditure on under-five mortality rate is measured in per 1,000 live births while that of stunting is measured in percentage. The study employs Pooled Mean Group (PMG) estimation technique and Impulse Response Functions (IRFs) for the analysis.
Findings
The results indicate that government health expenditure has negative effect on under-five mortality rate and prevalence rate of stunting in the long-run but not significant in the short-run. In addition, the IRFs result indicates that under-five mortality rate and prevalence rate of stunting both respond negatively to shocks in government health expenditure.
Practical implications
Governments should ensure that inefficiencies in the public health sector are reduced by licensing the health workers of this sector and allowing independent bodies to appoint the heads of health institutions. This will improve the delivering of health services for the health of children.
Originality/value
Previous studies carried out have not examined the short-run and long-run effects of the relationship under study among West African countries.
Peer review
The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-03-2022-0212
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Bismark Osei, Mark Edem Kunawotor and Paul Appiah-Konadu
The purpose of this paper is to investigate the effect of flood occurrence on mortality rate and life expectancy amongst 53 African countries.
Abstract
Purpose
The purpose of this paper is to investigate the effect of flood occurrence on mortality rate and life expectancy amongst 53 African countries.
Design/methodology/approach
The study utilizes panel data from the period 2000–2018 on 53 African countries and system generalized method of moments (system GMM) for the analysis.
Findings
The result indicates that flood occurrence causes the destruction of health facilities and the spread of diseases which reduces life expectancy. In addition, flood occurrence increases mortality rate amongst 53 African countries.
Research limitations/implications
Practical implications
The study recommends that governments amongst African countries should implement strategies being enshrined in Conference of Parties (COP, 2021) on climate change. This will help to reduce the level of climate change and flood occurrence.
Originality/value
Previous studies focussed on the adverse effect of flood occurrence without considering the issue of life expectancy amongst African countries. This study contributes to existing empirical studies by examining the effect of flood occurrence on mortality rate and life expectancy amongst African countries.
Peer review
The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-07-2022-0508.
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Bismark Osei, Mark Edem Kunawotor and Evans Kulu
The purpose of this paper is to undertake comparative analysis examining the effect of renewable energy production on employment focusing on European and Asian Countries.
Abstract
Purpose
The purpose of this paper is to undertake comparative analysis examining the effect of renewable energy production on employment focusing on European and Asian Countries.
Design/methodology/approach
The study utilizes panel data from the period 2000 to 2018 and System Generalized Method of Moments (System GMM) for the analysis. This study focuses on 50 European and 40 Asian countries data used for the analysis.
Findings
The result of the study indicates that, renewal energy production has positively affected employment in both European and Asian countries. However, the positive effect result of European countries is stronger than that of Asian countries.
Practical implications
The study recommends that, governments among these countries should continue to show strong commitment towards investing in renewable energy production as stated in Paris Agreement (2015). This will have a strong effect towards increasing further employment creation among these countries.
Originality/value
Numerous empirical studies have been carried out examining the effect of renewable energy production on employment. This study contributes to existing empirical studies by undertaking comparative analysis to examine the subject matter focusing on European and Asian countries.
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Bismark Amfo, James Osei Mensah and Robert Aidoo
Poor working conditions among migrant labourers on cocoa farms may be commonplace. This could affect labour productivity and cocoa industry performance. The paper investigates…
Abstract
Purpose
Poor working conditions among migrant labourers on cocoa farms may be commonplace. This could affect labour productivity and cocoa industry performance. The paper investigates migrants' satisfaction with working conditions on cocoa farms in Ghana and the key drivers of satisfaction.
Design/methodology/approach
The study employed a five-point Likert scale to evaluate migrants' satisfaction with remuneration, working hours, welfare, health and safety, contract and freedom. Using primary data from 400 migrants and non-migrants in four cocoa districts, multivariate probit regression was employed to evaluate the determinants of satisfaction with working conditions.
Findings
Migrant labourers are generally satisfied with their working hours, nature of contract and freedom they enjoy. However, they are unsatisfied with their remuneration, welfare and health/safety conditions on cocoa farms. All things being equal, secondary occupation, nature of contract, number of farmers served by labourer, annual earnings, farm ownership, education and expectations before migration influence migrants' satisfaction with working conditions.
Practical implications
To improve satisfaction with working conditions and productivity, migrants on cocoa farms should be given protective working gear, long-term or renewable contracts and they should be encouraged to engage in secondary occupations.
Originality/value
Unlike previous studies that focussed on working conditions in the formal sector, this study explores migrants' satisfaction with working conditions in the informal agricultural sector. Also, the study examines labourers' satisfaction with six subcomponents of working conditions compared to previous studies that employed a univariate analytical approach to examine working conditions.
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Bismark Amfo, James Osei Mensah and Robert Aidoo
The study assessed welfare of migrant and non-migrant labourers on cocoa farms in Ghana, using multidimensional poverty index (MPI) with four dimensions (education, health…
Abstract
Purpose
The study assessed welfare of migrant and non-migrant labourers on cocoa farms in Ghana, using multidimensional poverty index (MPI) with four dimensions (education, health, dietary diversity, living standards) and 21 indicators. Specifically, we examined and compared non-monetary welfare of migrant and non-migrant labourers on cocoa farms in Ghana by adopting MPI approach. Also, we explored the factors affecting labourers' welfare.
Design/methodology/approach
A sample of 400 labourers was used. Qualitative and quantitative data were used. Quantile regression was used to investigate factors affecting labourers' deprivation in the different domains of non-monetary welfare.
Findings
Labourers on cocoa farms are generally deprived in all the welfare indicators. Apart from having low education, labourers were underfed and lived under poor conditions. Though both migrants and non-migrants were multidimensionally poor, welfare of the later was higher than the former. Welfare of migrants and non-migrants on cocoa farms are influenced by similar factors: secondary occupation, income, credit accessibility, nature of contract and distance to social amenities.
Research limitations/implications
For migrants, permanent status improves welfare. To improve labourers' welfare for enhanced productivity, cocoa farmers should provide permanent/long-term contracts for labourers and government should provide social amenities in cocoa-producing communities.
Originality/value
Most previous welfare studies focused on farmers, with little attention paid to welfare of labourers on cocoa farms. We examined and compared the factors that affect migrant and non-migrant labourers' welfare on cocoa farms in Ghana. Moreover, we adopted the MPI (non-monetary) approach to assess labourers' welfare, instead of the expenditure and income approaches prevalent in literature.
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Bismark Amfo, James Osei Mensah, Ernest Baba Ali, Gilbert Dagunga, Seth Etuah and Robert Aidoo
This study investigates implications of crop and income diversifications on consumption expenditure (welfare) of rice-producing households in Ghana. It further compares…
Abstract
Purpose
This study investigates implications of crop and income diversifications on consumption expenditure (welfare) of rice-producing households in Ghana. It further compares diversification by three rice production systems: two-season rain-fed, two-season irrigated and one-season rain-fed rice production.
Design/methodology/approach
Primary data were sourced from 225 rice farmers. Margalef index and three-stage least-squares were employed.
Findings
Majority of rice-farming households in Ghana diversify livelihoods. The extent of livelihood diversification differs among two-season rain-fed, two-season irrigated and one-season rain-fed rice-producing households. Credit, distance to district capitals, production purpose and number of farming seasons influence crop and income diversifications, and consumption expenditure of rice-producing households. While crop diversification reduces consumption expenditure, income diversification increases it. Crop and income diversifications positively influence each other. Consumption expenditure reduces crop diversification but increases income diversification.
Practical implications
Policy should be directed towards the promotion of more livelihood activities to boost rice farmers' welfare. There should be awareness creation and training programmes to enable rice farmers realize different economic activities within and outside the agricultural value chain.
Originality/value
Crop and income diversifications were measured as continuous response variables, unlike previous studies that used a binary response variable. The authors established a synergy among crop and income diversifications, and consumption expenditure (welfare). The authors further compared crop and income diversifications by three rice production systems: two-season rain-fed, two-season irrigated and one-season rain-fed rice production systems.