Government expenditure variables and economic growth in Zambia

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dc.contributor.advisorAlhassan, Abdul Latifen_ZA
dc.contributor.authorSekele, Ezekiel Chisengaen_ZA
dc.date.accessioned2018-11-23T06:58:34Z
dc.date.available2018-11-23T06:58:34Z
dc.date.issued2018en_ZA
dc.description.abstractThe 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.identifier.apacitationSekele, E. C. (2018). <i>Government expenditure variables and economic growth in Zambia</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,Research of GSB. Retrieved from http://hdl.handle.net/11427/29076en_ZA
dc.identifier.chicagocitationSekele, Ezekiel Chisenga. <i>"Government expenditure variables and economic growth in Zambia."</i> Thesis., University of Cape Town ,Faculty of Commerce ,Research of GSB, 2018. http://hdl.handle.net/11427/29076en_ZA
dc.identifier.citationSekele, E. 2018. Government expenditure variables and economic growth in Zambia. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Sekele, Ezekiel Chisenga AB - 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. DA - 2018 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2018 T1 - Government expenditure variables and economic growth in Zambia TI - Government expenditure variables and economic growth in Zambia UR - http://hdl.handle.net/11427/29076 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/29076
dc.identifier.vancouvercitationSekele EC. Government expenditure variables and economic growth in Zambia. [Thesis]. University of Cape Town ,Faculty of Commerce ,Research of GSB, 2018 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/29076en_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.titleGovernment expenditure variables and economic growth in Zambiaen_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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