Browsing by Author "Nghifenwa, Festus Natangwe"

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    Factors influencing investment
    (2009) Nghifenwa, Festus Natangwe
    This study makes use of ordinary least squares (OLS) technique in conjuction with the cointegration abd error correction models to determine factors influencing investment in Namibia, using data for the period 1960-2006. The results suggested that in the long run, real investment in Namibia is positively related to and influenced by GDP and investment in aranium mines by Rossing during 1970s' while negatively related to the prime lending rates and the inflation rates. In the short-run, investment is positively influenced by three variables namely; real GDP, domestic savings and prime lending rates. The study recommends a review of the administration of the investment regime with the view to come up with a simpler and transparent regime. It further recommends that quality of governance and property rihts protection be maintained to enhance investors' confidence. Finally, recommendation is made for further research incorporating issues of qualitative nature as raised in the limitation of the study