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Impact of Institutional Quality on the Quality of Life in Africa: An Economic Approach

Author

Listed:
  • Martins Iyoboyi

    (Federal University Dutsin-Ma)

  • Latifah Musa-Pedro

    (Bayero University Kano)

Abstract

This study examines the impact that institutional quality exerts on the quality of life. Using the 2-step system Generalized Method of Moments technique on panel data covering 2006 through 2018 on 47 African countries, the empirical results indicate that institutional quality, proxied by Political Stability and Absence of Violence, Voice and Accountability, and Control of Corruption have a positive impact on the quality of life. While real income, CO2 emissions, internet, education and globalization were found to exert a statistically significant positive impact, government health expenditure, unemployment, urbanization and unemployment negatively affected the quality of life within the period under study. The paper recommends an improvement in the institutional environment.

Suggested Citation

  • Martins Iyoboyi & Latifah Musa-Pedro, 2024. "Impact of Institutional Quality on the Quality of Life in Africa: An Economic Approach," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 19(2), pages 523-545, April.
    • Handle: RePEc:spr:ariqol:v:19:y:2024:i:2:d:10.1007_s11482-023-10252-2
    DOI: 10.1007/s11482-023-10252-2
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    More about this item

    Keywords

    Africa; Panel data analysis; Quality of life; System-GMM;
    All these keywords.

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs

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