ABSTRACT This study investigates the impact of security outcomes on economic prosperity in Africa and its Regional Economic Communities (RECs) using a balanced panel data of 35 African countries and eight RECs for the period 1990–2015. Economic prosperity was measured with real GDP per capita as the proxy while security outcomes was computed from security effectiveness and legitimacy by using principal component analysis. This study employs a panel causality test and the Generalised Method of Moments (GMM) estimation techniques. The empirical results suggest that security outcomes promotes economic prosperity at the continental level and in six RECs. This implies that the security measures used in this study are important in providing an enabling environment for economic activities and opportunities despite the numerous security challenges facing the continent. Thus, an appropriate policy to improve and strengthen the security sector should be given priority in the RECS and across the entire continent.

中文翻译：

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安全是促进非洲区域经济共同体经济繁荣的结果：来自面板数据分析的证据

摘要 本研究使用 1990 年至 2015 年期间 35 个非洲国家和 8 个 RECs 的平衡面板数据，调查了安全成果对非洲及其区域经济共同体 (RECs) 经济繁荣的影响。经济繁荣以人均实际 GDP 为代表，安全结果通过主成分分析从安全有效性和合法性计算。本研究采用面板因果关系检验和广义矩量法 (GMM) 估计技术。实证结果表明，安全成果促进了大陆层面和六个 REC 的经济繁荣。这意味着，尽管非洲大陆面临众多安全挑战，但本研究中使用的安全措施对于为经济活动和机会提供有利环境非常重要。因此，应在 RECS 和整个大陆优先考虑改善和加强安全部门的适当政策。