Quality of Life Response to Global Food Prices, Energy Price and Inflation: Evidence from African Countries

Authors

  • Ahmed Rufai Mohammad Department of Economics, Jigawa State College of Education Gumel, Jigawa State, Nigeria.
  • Hamisu Alhaji Basiru Department of Urban and Regional Planning, Hussain Adamu Federal Polytechnic Kazaure, Jigawa State, Nigeria.

Keywords:

Energy price, Food, GMM, Quality of life, Africa

Abstract

The African sub-region is composed of similar countries with a common heritage and home to extremely diverse human and natural resources and at different stages of economic growth. There has been a food and energy scarcity in most nations in the sub-continent. This research investigates the direct influence of energy, food prices and inflation on the quality of life in developing African countries for the period 2015 to 2021. Based on the GMM, the dynamic empirical evidence reveals that an increase in food prices reduces the quality of life in Africa. Policy suggestions are directed towards an increase of grain cropland, food price reduction and mechanizing farming in Africa.

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Published

2023-09-30

How to Cite

Mohammad, A. R., & Basiru, H. A. (2023). Quality of Life Response to Global Food Prices, Energy Price and Inflation: Evidence from African Countries. International Journal of Intellectual Discourse, 6(3), 302–310. Retrieved from https://ijidjournal.org/index.php/ijid/article/view/442

Issue

Vol. 6 No. 3 (2023): September

Section

Articles