Income Inequality and Economic Complexity in Africa: The Moderating Role of Governance Quality
Journal: Research Square
Year: 2023

Abstract This study examines the effect of economic complexity on income inequality through the moderating role of governance factors. It is based on data obtained from 24 African countries from 2000 to 2018 and has employed systems GMM panel method of estimation. The findings show that economic complexity (without interaction term) has a significant positive effect on income inequality. However, the coefficient of the interaction term is negative and significant implying that the adverse (posit