Effects of urbanization and international trade on economic growth, productivity, and employment: Case of selected countries in Africa
These videos have been matched automatically. Contact us if they are not relevant.
These videos have been matched automatically. Contact us if they are not relevant.
View abstract on PubMed
Summary
This summary is machine-generated.African urbanization and international trade significantly impact economic growth, productivity, and employment. Effective management and policies are crucial for sustainable development and structural transformation in Africa.
Area Of Science
- Economics
- Urban Studies
- Development Studies
Background
- Africa's rapid urbanization presents economic opportunities and challenges.
- Understanding the urbanization-economy nexus is vital for harnessing Africa's growth potential.
- Existing research often overlooks the specific dynamics of African urbanization.
Purpose Of The Study
- To investigate the relationship between urbanization and economic dynamics in six African countries.
- To explore the causal links between urbanization, trade, growth, productivity, and employment.
- To provide evidence-based recommendations for policy and planning.
Main Methods
- Utilized panel data from six African countries (1991-2019).
- Employed the cross-sectional augmented autoregressive distributed lag (CS-ARDL) model.
- Analyzed urbanization rate, international trade, economic growth, productivity, and employment.
Main Results
- Confirmed significant relationships between urbanization, international trade, economic growth, productivity, and employment.
- Established a causal relationship among the studied variables.
- Found that international trade boosts long-term productivity, while economic growth and employment enhance short-term productivity.
Conclusions
- African urbanization and international trade possess substantial economic potential.
- Effective management and supportive policies are necessary to leverage these potentials.
- Findings support policies for sustainable urbanization and diversified trade to drive structural transformation.
These videos have been matched automatically. Contact us if they are not relevant.
These videos have been matched automatically. Contact us if they are not relevant.
Related Concept Videos
As the human population continues to grow and use resources, we must be mindful of our planet’s natural limits. Sustainable development provides a pathway to maintain and improve human life now while also ensuring that future generations will have the resources that they need. The long-term success of sustainability efforts rests on understanding the interplay between human actions and ecological systems.
The oceans are one important focus of global conservation efforts. Overfishing,...
Migration is long-range, seasonal movement from one region or habitat to another. This common strategy, carried out by many different organisms around the world, is an adaptive response that typically corresponds to changes in an organism’s environment, like resource availability or climate. Migrations can involve huge groups of thousands of animals as well as single individuals traveling alone and can range from thousands of kilometers to just a few hundred meters.
Why Animals Migrate
There have been five major extinction events throughout geological history, resulting in the elimination of biodiversity, followed by a rebound of species that adapted to the new conditions. In the current geological epoch, the Holocene, there is a sixth extinction event in progress. This mass extinction has been attributed to human activities and is thus provisionally called the Anthropocene. In 2019 the human population reached 7.7 billion people and is projected to comprise 10 billion by...
Climate refers to the prevailing weather conditions in a specific area over an extended period. As the saying goes, “Climate is what you expect. Weather is what you get.” Climate is influenced by geographic factors, such as latitude, terrain, and proximity to bodies of water.
Weather and Climate
Weather and climate are related, though they differ in terms of time scale and predictability. Weather refers to the state of the atmosphere at a specific time and place, whereas climate...
Developmental psychology explores the changes and continuities in human abilities throughout life, encompassing physical, cognitive, linguistic, and social dimensions. Human development is not restricted to growth, but includes aspects of decline, particularly in physical abilities as individuals age. Developmental psychologists seek to understand how people change as they age and how their mental and social skills evolve.
Developmental Milestones
A key concept in developmental psychology is...
Econometric Views, often stylized as EViews, is a package that merges statistical analysis with econometric studies. It is designed to provide tools for time series analysis, forecasting, and econometric model simulation. The software originated from MicroTSP software and has evolved significantly since its inception in 1981. The history of EViews is marked by a continuous effort to enhance its computational speed and user interface. It was initially developed for large computing systems but...