Credit derivatives played a large role in intensifying losses during the subprime lending
crisis, which began in 2007 in the US and spiralled into a financial crisis in 2008. One of the
major reasons for this descent ...
Using the autoregressive distributed lag (ARDL) bounds testing approach; this paper examines the short-run and long-run impact of monetary policy on economic growth in Kenya for the period 1973 to 2013. The paper uses both ...
In this study, we have explored the causal relationship between energy consumption and
economic growth in Ethiopia, during the period from 1971 to 2013. We have employed a
multivariate Granger-causality framework that ...
This paper examines the impact of both bank-based and market-based financial development on investment in Botswana during the period 1976 – 2012, using the autoregressive distributed lag (ARDL) bounds testing approach. The ...
This study examines the determinants of domestic investment in sub-Saharan African (SSA) countries with explicit focus on the role of governance/institutions. The literature has emphases more on the macroeconomic factors ...
This paper investigates the dynamic causal linkage between bank-based financial development and economic growth in Ethiopia during the period from 1980 to 2014. The study includes savings and investment as intermittent ...
The rate of unemployment in South Africa remains stubbornly high despite vastly improved macroeconomic fundamentals and relatively high rates of economic growth for most of the post-1994 democratic era. Employment growth ...
In this paper, the key macroeconomic determinants of economic growth in Zambia are investigated using the recently developed ARDL bounds-testing approach. The study has been motivated by the unsustainable growth trends ...
This paper investigates the dynamic causal linkage between poverty reduction and economic growth in Ethiopia during the period from 1970 to 2014. To address the omission of variable bias, the study includes financial ...
The paper empirically investigates the key macroeconomic determinants of growth in Malawi, using the recently developed ARDL bounds-testing approach. The paper is motivated by the social and economic hardships that Malawi ...
Unlike many other international instruments, accession to the WTO does not simply require the commitment of the government to sign and ratify the multilateral agreements. A country needs to make considerable legislative ...
In this study, we examine empirically the key determinants of economic growth in South Africa –
using the ARDL bounds-testing approach. The paper has been motivated by the low and dwindling
economic growth that South ...
Abstract
This paper investigates the dynamic causal relationship between financial systems and economic growth in three developing countries – South Africa, Brazil and Kenya – and three developed countries – the United ...
In this paper, we have examined the impact of both bank- and market-based financial development on
economic growth in Kenya during the period 1980 to 2012, using the autoregressive distributed lag
bounds testing approach. ...
This paper examines the impact of bank-based financial development on economic growth in
Ghana during the period from 1970 to 2014 – using the autoregressive distributed lag
(ARDL) bounds testing approach. Unlike some ...
This dissertation explored the efficacy of the new Basel III banking standards in SACU, grounded on the conjecture that they are not reflective of economies of SACU, but are merely an intensification of Basel II, rather ...
This study focuses on the Ricardian model of comparative advantage with one factor of production and two countries, but in a multi-goods dimension. This is used to explain the pattern of trade that exists between South ...
This study empirically examines the macroeconomic determinants of technological progress (total factor productivity) in Nigeria that is consistent with the endogenous growth theory. The estimations are carried out with ...
This study reports on research aimed at measuring the drivers behind public expenditure with specific reference to education expenditure in Africa. The empirical estimations are carried out using a public choice model on ...
The aim of this study is to investigate the impact of crime proxied by different indicators on regional tourist inflows to South Africa. The estimations are carried out using the Johansen estimation techniques. Monthly ...