The impact of financial development on private investment in South Africa

dc.contributor.advisorGossel, Sean Jen_ZA
dc.contributor.authorHashikutuva, Lovisa Ndapewelaoen_ZA
dc.date.accessioned2017-09-06T10:27:19Z
dc.date.available2017-09-06T10:27:19Z
dc.date.issued2017en_ZA
dc.description.abstractThe study analysed the impact of financial development (measured by depth, stability, efficiency and access) on private investment in South Africa over the period 1977 (Q1) to 2015 (Q4). Autoregressive distributive lag model was used in addition to conducting further tests to establish the efficiency of the model using standard diagnostics which confirmed the overall significance of the model. The results find the relationship between financial development and private investment in South Africa to be long-run in nature. The statistically significant variables found to explain the variance of private investment for South Africa in both the short- and long-run are market capitalization, domestic credit, growth in output as well as trade openness. Interest rate spread was found significant only in the short-run.en_ZA
dc.identifier.apacitationHashikutuva, L. N. (2017). <i>The impact of financial development on private investment in South Africa</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,Research of GSB. Retrieved from http://hdl.handle.net/11427/25092en_ZA
dc.identifier.chicagocitationHashikutuva, Lovisa Ndapewelao. <i>"The impact of financial development on private investment in South Africa."</i> Thesis., University of Cape Town ,Faculty of Commerce ,Research of GSB, 2017. http://hdl.handle.net/11427/25092en_ZA
dc.identifier.citationHashikutuva, L. 2017. The impact of financial development on private investment in South Africa. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Hashikutuva, Lovisa Ndapewelao AB - The study analysed the impact of financial development (measured by depth, stability, efficiency and access) on private investment in South Africa over the period 1977 (Q1) to 2015 (Q4). Autoregressive distributive lag model was used in addition to conducting further tests to establish the efficiency of the model using standard diagnostics which confirmed the overall significance of the model. The results find the relationship between financial development and private investment in South Africa to be long-run in nature. The statistically significant variables found to explain the variance of private investment for South Africa in both the short- and long-run are market capitalization, domestic credit, growth in output as well as trade openness. Interest rate spread was found significant only in the short-run. DA - 2017 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2017 T1 - The impact of financial development on private investment in South Africa TI - The impact of financial development on private investment in South Africa UR - http://hdl.handle.net/11427/25092 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/25092
dc.identifier.vancouvercitationHashikutuva LN. The impact of financial development on private investment in South Africa. [Thesis]. University of Cape Town ,Faculty of Commerce ,Research of GSB, 2017 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/25092en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentResearch of GSBen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherDevelopment Financeen_ZA
dc.titleThe impact of financial development on private investment in South Africaen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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