Public debt and inequality in Sub-Saharan Africa: the case of EMCCA and WAEMU countries

被引：0
|
作者：
Mutascu, Mihai [1 ,2 ,3 ]
Lessoua, Albert [4 ]
Ianc, Nicolae Bogdan [1 ,5 ]
机构：
[1] West Univ Timisoara, Fac Econ & Business Adm, Timisoara, Romania
[2] ZHAW Sch Management & Law, Int Management Inst, Winterthur, Switzerland
[3] Zeppelin Univ Friedrichshafen, Chair Int & Digital Econ, Friedrichshafen, Germany
[4] OMNES Educ Paris, ESCE Int Business Sch, La Defense, France
[5] Univ Orleans, Fac Droit Econ & Gest, LEO Lab Econ Orleans, Orleans, France
来源：
ECONOMIC CHANGE AND RESTRUCTURING | 2024年 / 57卷 / 05期
关键词：
Public debt; Revenue inequality; Determinants; Sub-Saharan Africa; D63; H63; C23; INCOME INEQUALITY; EDUCATION EXPENDITURES; IMPACT; POVERTY; FINANCE; ACCESS;
D O I：
10.1007/s10644-024-09744-4
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The paper investigates whether public debt explains income inequality in several Sub-Saharan African (SSA) countries. The core method employed is the Bayesian Model Averaging (BMA) estimator, which uses a dataset covering the period 1997-2019. The key findings reveal that public debt tends to reduce inequality among the poor but may harm the rich in the WAEMU region. Public debt generally has a neutral impact on inequality in EMCCA but can improve income distribution among the rich under stringent corruption control. In terms of contributions, the paper is one of the first works that examine how public debt impacts inequality in the Sub-Saharan African (SSA) countries across different levels of income. Moreover, it explores the intricate relationship among public debt, socio-economic characteristics, corruption, and inequality within the region.
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页数：44
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