ITEM VIEW

The relationship between saving mobilisation, investment and economic growth in Namibia

dc.contributor.advisorTita, A. F.en_ZA
dc.contributor.authorHishongwa, Elise Ndapewoshalien_ZA
dc.contributor.otherStellenbosch University. Faculty of Economic and Management Sciences. Graduate School of Business.en_ZA
dc.date.accessioned2016-08-18T12:44:56Z
dc.date.available2016-08-18T12:44:56Z
dc.date.issued2015-12
dc.identifier.urihttp://hdl.handle.net/10019.1/99411
dc.descriptionThesis (MDF (Development Finance))--Stellenbosch University, 2015.en_ZA
dc.description.abstractENGLISH ABSTRACT: The study sought to analyse the dynamic relationship between domestic savings, investment and economic growth in Namibia, and ascertain the direction of causality between domestic savings, investment and economic growth, using the vector auto-regression methodology. This method relies on the use of impulse response functions and forecast error variance decompositions. The major findings of the study are outlined below. First, the study shows that shocks to savings affect savings, investment and economic growth positively and significantly. In addition, shocks to investment significantly affect investment and savings in the short run, but they are insignificant in explaining economic growth. Further, shocks to economic growth significantly influence savings, investment and economic growth. Second, the variance decomposition results show that the variation in savings is largely explained by shocks to savings, investment and economic growth, in that respective order of size. Furthermore, the variation in investment is explained significantly by shocks to all three the variables although it can be noted that savings and economic growth are more important in explaining investment in the long run than investment. The study also established that variations in economic growth are not explained by investment shocks in both the short and long runs. In brief, savings shocks are more important in explaining variations in economic growth than economic growth in the long run.en_ZA
dc.description.abstractAFRIKAANSE OPSOMMING: Geen opsomming beskikbaaraf_ZA
dc.format.extentxi, 49 pagesen_ZA
dc.language.isoen_ZAen_ZA
dc.publisherStellenbosch : Stellenbosch Universityen_ZA
dc.subjectEconomic developmenten_ZA
dc.subjectSaving and investmenten_ZA
dc.titleThe relationship between saving mobilisation, investment and economic growth in Namibiaen_ZA
dc.typeThesisen_ZA
dc.rights.holderStellenbosch Universityen_ZA


Files in this item

Thumbnail
Thumbnail

This item appears in the following Collection(s)

ITEM VIEW