Determinants of Property Rights Protection in Sub-Saharan Africa

Journal of the Knowledge Economy, Forthcoming

African Governance and Development Institute WP/16/041

28 Pages Posted: 20 Oct 2016 Last revised: 3 Nov 2016

See all articles by Simplice Asongu

Simplice Asongu

African Governance and Development Institute

Oasis Kodila-Tedika

University of Kinshasa - Department of Economics

Date Written: March 19, 2016

Abstract

This article complements existing literature by assessing determinants of property rights protection with particular emphasis on history, geography and institutions in Sub-Saharan Africa. The empirical evidence is based on a sample of 47 countries for the period 2000-2007. Random effects GLS regressions are employed using property rights measurements from the Mo Ibrahim and Heritage foundations. The results broadly show that ethnic fractionalisation, Polity IV and GDP per capita have positive effects on property rights institutions while the following have negative effects: military rule, the Protestant religion, maturity from colonial independence and population density. The findings have relevant policy implications for countries in the sub-region currently on the path to knowledge-based economies.

Keywords: Property Rights Protection; Panel Data; Africa

JEL Classification: F42; K42; O34; O38; O57

Suggested Citation

Asongu, Simplice and Kodila-Tedika, Oasis, Determinants of Property Rights Protection in Sub-Saharan Africa (March 19, 2016). Journal of the Knowledge Economy, Forthcoming ; African Governance and Development Institute WP/16/041. Available at SSRN: https://ssrn.com/abstract=2855953 or http://dx.doi.org/10.2139/ssrn.2855953

Simplice Asongu (Contact Author)

African Governance and Development Institute ( email )

P.O. Box 8413
Yaoundé, 8413
Cameroon

Oasis Kodila-Tedika

University of Kinshasa - Department of Economics ( email )

Kinshasa
Democratic Republic of the Congo

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