Budget deficit and economic growth in Namibia

dc.contributor.advisorAlhassan, Abdul Latif
dc.contributor.authorSakaria, Hilaria Ndilokelwa
dc.date.accessioned2019-08-01T08:25:51Z
dc.date.available2019-08-01T08:25:51Z
dc.date.issued2019
dc.date.updated2019-07-31T07:29:20Z
dc.description.abstractThe study provides an assessment of the relationship between budget deficit and economic growth in Namibia, using time series quarterly secondary data covering the period, 1990 to 2015. The study employed the Auto Regressive Distributed Lag (ARDL) Bounds Test and estimated the coefficients of the variables from the Error Correction Model in examining the relationship between budget deficit and economic growth. According to the cointegration test, the result has shown that past budget deficit and past Population growth has a negative and effect and that current Trade balance has a positive effect on economic growth in the short run. The overall findings indicate that budget deficit negatively affects economic growth. This is in conformity with the Neo-Classical Theory, which holds that fiscal deficit leads to low GDP. The study therefore recommends that government expenditure be invested in developmental infrastructure that will give positive results in the future.
dc.identifier.apacitationSakaria, H. N. (2019). <i>Budget deficit and economic growth in Namibia</i>. (). ,Faculty of Commerce ,Graduate School of Business (GSB). Retrieved from http://hdl.handle.net/11427/30396en_ZA
dc.identifier.chicagocitationSakaria, Hilaria Ndilokelwa. <i>"Budget deficit and economic growth in Namibia."</i> ., ,Faculty of Commerce ,Graduate School of Business (GSB), 2019. http://hdl.handle.net/11427/30396en_ZA
dc.identifier.citationSakaria, H.N. 2019. Budget deficit and economic growth in Namibia. . ,Faculty of Commerce ,Graduate School of Business (GSB). http://hdl.handle.net/11427/30396en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Sakaria, Hilaria Ndilokelwa AB - The study provides an assessment of the relationship between budget deficit and economic growth in Namibia, using time series quarterly secondary data covering the period, 1990 to 2015. The study employed the Auto Regressive Distributed Lag (ARDL) Bounds Test and estimated the coefficients of the variables from the Error Correction Model in examining the relationship between budget deficit and economic growth. According to the cointegration test, the result has shown that past budget deficit and past Population growth has a negative and effect and that current Trade balance has a positive effect on economic growth in the short run. The overall findings indicate that budget deficit negatively affects economic growth. This is in conformity with the Neo-Classical Theory, which holds that fiscal deficit leads to low GDP. The study therefore recommends that government expenditure be invested in developmental infrastructure that will give positive results in the future. DA - 2019 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PY - 2019 T1 - Budget deficit and economic growth in Namibia TI - Budget deficit and economic growth in Namibia UR - http://hdl.handle.net/11427/30396 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/30396
dc.identifier.vancouvercitationSakaria HN. Budget deficit and economic growth in Namibia. []. ,Faculty of Commerce ,Graduate School of Business (GSB), 2019 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/30396en_ZA
dc.language.rfc3066Eng
dc.publisher.departmentGraduate School of Business (GSB)
dc.publisher.facultyFaculty of Commerce
dc.titleBudget deficit and economic growth in Namibia
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMBA
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