An investigation of the determinants of public investments in Namibia select="/dri:document/dri:meta/dri:pageMeta/dri:metadata[@element='title']/node()"/>

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dc.contributor.author Ngenokesho, Kashilimonika Derefina
dc.date.accessioned 2020-08-21T09:00:51Z
dc.date.available 2020-08-21T09:00:51Z
dc.date.issued 2020
dc.identifier.uri http://hdl.handle.net/11070/2797
dc.description A thesis submitted in partial fulfilment of the requirements for the Degree of Master of Science in Economics en_US
dc.description.abstract This study investigated the determinants of public investment in Namibia. Time-series techniques such as unit root test, cointegration, and Autoregressive Distributed Lag (ARDL) approach were applied on quarterly data for the period 1990: Q1 to 2017: Q4. The results based on the unit root test showed that the variables are integrated of order zero and one, meaning that they are stationary in a level and first difference. The empirical results showed that real interest rate, unemployment rate, and real GDP are significant in explaining the percentage of public investment to GDP. Whereas, inflation and foreign direct investment are insignificant in explaining the percentage of public investment to GDP. The real gross domestic products lag 4 as well as unemployment rate lag 4 were all found to be significant in explaining the percentage of public investment to GDP in Namibia. The results also indicated that there is a negative relationship between unemployment and the percentage of public investment to GDP. In this regard, the study recommends that it would be a good idea to include investment policy incentives as part and parcel of the strategies that are used in the promotion of the country’s public investments. en_US
dc.language.iso en en_US
dc.publisher University of Namibia en_US
dc.subject Public investment en_US
dc.subject Error Correction Model en_US
dc.title An investigation of the determinants of public investments in Namibia en_US
dc.type Thesis en_US


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