Title: Revised and augmented adjusted net savings and real GDP per capita in Sub-Saharan Africa

Authors: Seydi Ababacar Dieng

Addresses: Cheikh Anta Diop University of Dakar (UCAD), P.O. Box 47337 Dakar-Liberté, Dakar, Senegal

Abstract: This article measures the effect of revised and augmented adjusted net savings (RANS) - by integrating variables such as health - on the per capita real GDP of Sub-Saharan African (SSA) countries. The results of the estimation by the GMM panel data model dynamics show that the coefficient of RANS ratio with respect to the gross national income is positive and significant at the 5% threshold. Thus, the increase in the ratio of 1% leads to an increase of 0.482 point of real GDP per capita.

Keywords: revised and augmented adjusted net savings; RANS; real GDP per capita; Sub-Saharan Africa; SSA; sustainable development; GMM method.

DOI: 10.1504/IJSD.2021.122712

International Journal of Sustainable Development, 2021 Vol.24 No.3/4, pp.194 - 205

Accepted: 03 Dec 2021
Published online: 06 May 2022 *

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