An examination of the relationship between government spending and economic growth in Namibia select="/dri:document/dri:meta/dri:pageMeta/dri:metadata[@element='title']/node()"/>

DSpace Repository

Show simple item record

dc.contributor.author Shafuda, Christopher P.
dc.date.accessioned 2015-05-12T16:33:55Z
dc.date.available 2015-05-12T16:33:55Z
dc.date.issued 2015
dc.identifier.uri http://hdl.handle.net/11070/1471
dc.description A thesis submitted in partial fulfilment of the requirements for the Master Degree of Business Administration (Finance) en_US
dc.description.abstract The existing studies on the relationship between government spending and economic growth provide inconclusive empirical evidence. This study examines the causal relationship between government spending and economic growth for the Namibian economy by employing general government (final) consumption expenditure and real Gross Domestic Product (GDP) data for the period 1980 to 2012. The study employs the pair wise Granger causality test, Co-integration test and Vector Error Correction Model (VECM). The series were tested for stationarity using the Augmented Dickey-Fuller (ADF) test. The study found that the variables were non-stationary but would become stationary after being differenced once. VECM and pair wise Granger causality tests results support the hypothesis of public expenditure causing economic growth as proposed by the Keynesian theory. The results show that there is a unidirectional relationship between the two variables. The empirical investigations suggest that government spending has a significant and positive impact on economic growth in Namibia. en_US
dc.language.iso en en_US
dc.subject Government spending en_US
dc.subject Economic growth en_US
dc.subject Namibia en_US
dc.subject.lcsh Economic development, Namibia
dc.subject.lcsh Economic development, Government policy
dc.subject.lcsh Government spending policy, Namibia
dc.title An examination of the relationship between government spending and economic growth in Namibia en_US
dc.type Thesis en_US


Files in this item

This item appears in the following Collection(s)

Show simple item record