Government expenditure variables and economic growth in Zambia

 

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dc.contributor.advisor Alhassan, Abdul Latif en_ZA
dc.contributor.author Sekele, Ezekiel Chisenga en_ZA
dc.date.accessioned 2018-11-23T06:58:34Z
dc.date.available 2018-11-23T06:58:34Z
dc.date.issued 2018 en_ZA
dc.identifier.citation Sekele, E. 2018. Government expenditure variables and economic growth in Zambia. University of Cape Town. en_ZA
dc.identifier.uri http://hdl.handle.net/11427/29076
dc.description.abstract The government sector forms a significant part of the economy. As such, it is important to examine the impact of government activities on the economy. This study investigates the impact of several components of government expenditure on economic growth between 2001Q1 and 2014Q4 using the vector error correction model. The study found that only expenditure on transport and gross fixed capital formation had a significant positive impact on economic growth in the short-run. In the long-run, only expenditures on transport and education had a significant impact on economic growth. However, expenditure on health has a negative, although insignificant, impact on economic growth. This result may be due to the heavy concentration of health expenditure on disease treatment rather than disease preventive measures. Spending on defense has no significant impact on economic growth. Expenditure on agriculture was found to have no significant impact on economic growth both in the short- and long-run, partly due to a heavy concentration of expenditure on price-distorting agriculture input- and output-price support programs. The findings of the study suggest that there is need to focus expenditure on increasing agricultural productivity, improving the quality of education, improving road infrastructure and expanding disease prevention measures. en_ZA
dc.language.iso eng en_ZA
dc.subject.other Development Finance en_ZA
dc.title Government expenditure variables and economic growth in Zambia en_ZA
dc.type Thesis / Dissertation en_ZA
uct.type.publication Research en_ZA
uct.type.resource Thesis en_ZA
dc.publisher.institution University of Cape Town
dc.publisher.faculty Faculty of Commerce en_ZA
dc.publisher.department Research of GSB en_ZA
dc.type.qualificationlevel Masters en_ZA
dc.type.qualificationname MCom en_ZA
uct.type.filetype Text
uct.type.filetype Image


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