Forthcoming and Online First Articles

African Journal of Economic and Sustainable Development

African Journal of Economic and Sustainable Development (AJESD)

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African J. of Economic and Sustainable Development (One paper in press)

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  • Public spending efficiency on human capital and income inequality in selected African countries   Order a copy of this article
    by Isaiah Sikayena, Kwadwo Ankomah, Georgina Katakity, Frank Gyimah Sackey 
    Abstract: This study examines the relationship between the efficiency of public spending on human capital, specifically education and health and income inequality in Selected African Countries, using system GMM with robust standard errors over the period 20062017. The findings reveal that efficient public spending on health reduces income inequality, while efficient spending on education initially increases inequality, forming an n-shaped relationship. However, after a certain threshold, further improvements in education spending efficiency help reduce inequality. Based on these findings, the study recommends that African governments, along with ministries of health and education, prioritise maintaining high efficiency in public spending to effectively address income inequality and foster equitable development across the continent.
    Keywords: income inequality; efficiency of public spending; human capital; health; education.
    DOI: 10.1504/AJESD.2025.10070761