Abstract The grant aim of this study was to assess the various factors that determinethe level of small scale household farmers’ offfarm income amongst grape farmers in Dodoma. Thestudy appliedthe Tobit econometric technique in investigating the factors that may explain the households’ decision on whether or not to participate in various off-farm income generating activities, using household data collected from grape farmers in Dodoma. Due to its failure in specification tests, the study ...
ABSTRACT The study investigated the relationship between economic growth, exports, and FDI in Namibia using quarterly data for the period of 1980:Q1 to 2013:Q4. The Autoregressive Distributed Lag approach to cointegration was used to carry out the study. The study used foreign direct investment (FDI) inflows as a proxy for FDI, export values as a ratio of GDP as a proxy for Exports, and Real Gross Domestic Product as a proxy for economic growth. The results from the study found that economic ...
ABSTRACT The Namibian Defence Force (NDF) is 18 years in existence and, like any other organization is responsible for the maintenance of discipline within the institution. However, the legal system of the NDF contains more than the ordinary disciplinary hearings as provided for in the Public Service Act, (Act 13 of 1995) and Labour Act, (Act 6 of 1992) as it has jurisdiction over any criminal�...
Abstract This study investigated the determinants of public investment in Namibia. Time-series techniques such as unit root test, cointegration, and Autoregressive Distributed Lag (ARDL) approach were applied on quarterly data for the period 1990: Q1 to 2017: Q4. The results based on the unit root test showed that the variables are integrated of order zero and one, meaning that they are stationary in a level and first difference. The empirical results showed that real interest rate, unemploym...
ABSTRACT Capital flight continues to be of great concern in many developing countries and Namibia is not an exception. The purpose of this study is to examine the effects of fiscal policy on capital flight in Namibia for the period, 1993-2014. To assess this effect, the ARDL bounds test to cointegration technique was employed. The finding not only reveals fiscal policy to affect capital flight but also that there is a long-run relationship between capital flight and the selected macroeconomic...
ABSTRACT The study examines the effect of financial innovation on the demand for money in Namibia. The sample period of the study covers the first Quarter of 2000 to the fourth Quarter of 2013. The secondary data utilized is sourced from Bank of Namibia, Namibia Statistics Agency as well as the World Bank Financial Statistics. The study employs the following variables; real Gross Domestic Product (GDP) as a proxy for income, inflation, repo rate and credit extended to the private sector as a ...
ABSTRACT This study examines calendar anomalies, specifically day of the week and month of the year effects on the Namibian stock exchange using daily and monthly data from January 4th, 2000 to March 31st, 2017 obtained from the Namibian stock exchange. In an attempt to select a model best fit to account for return and volatility in the Namibian stock market, the symmetric GARCH (1,1) and two other asymmetric models EGARCH(1,1) and TARCH(1,2) models were estimated. The empirical results deriv...
ABSTRACT The study investigates the relationship between financial development and economic growth in Namibia. It employed an auto-regression distributive lag modelling approach on quarterly data for the period 1995 to 2014. The study used the following variables, namely: ratio of broad money supply to gross domestic product, real gross domestic product (GDP), saving and interest rate. Firstly, the results of the unit root tests showed a combination of integration of order zero and one. Secon...
ABSTRACT This study carries out an empirical investigation of the determinants of banking sector development in Namibia. The study uses quarterly data for Namibia covering the period of 2000: I to 2011: IV, obtained from the Bank of Namibia. The indicator that is used to represent banking sector development is the ratio of credit extended to the private sector by the banks to gross domestic product (GDP). The study uses the autoregressive distributed lag model (ARDL) for the analysis. The bou...
ABSTRACT Over centuries, various technologies have been introduced to developing nations, which have aided the growth of business and made lives of individuals more comfortable. Yet, none of these technologies have had as much influence on individual consumers in developing economies as the mobile phone technology. Students are one group of people who find the mobile phone technology useful in accessing information (given its internet adaptability features). Again, students’ access to info...
ABSTRACT Most microfinance institutions globally, have majority of their customers as women with few men or even in some cases, no men at all. The study investigated the reasons for the gender imbalances in the microfinance industries guided by microfinance loan repayment determinants. A census of 74 microfinance institutions from four districts of Accra; Tema Metropolitan, Ashaiman Municipal, Dangbe East District and finally, Ningo/Prampra District Assembly were interviewed. A sample of 370...
Abstract The objectives of this study are two folds: firstly to explore the magnitude of catastrophic expenditure, and secondly to determine its contributing factor,s including the protective impact of the voluntary community based health insurance schemes in Tanzania. The study covered 274 respondents. Study findings have shown that the estimated poverty line was Tsh.35,064.6 (US$21.25). Of the sampled respondents, 30.3% experienced catastrophic expenditure in the range of 10-20% of their c...
ABSTRACT This thesis uses the fifth and sixth rounds of the Ghana Living Standards Survey (GLSS) conducted in 2005-2006 and 2012-2013, respectively, to examine the themes of education, inequality and earnings in Ghana. Three key objectives are pursued. The first objective is to assess how educational attainment, measured by the average years of schooling, relates to inequality in education. The second objective is to examine how education influences inequality in earnings through an assessme...
ABSTRACT The importance of economic growth and development for social welfare improvement cannot be overemphasized. For this reason, every country across the globe, especially, the developing and less developed ones, are making every effort necessary to develop and provide their citizens with an improved standard of living. These efforts include opening up their economies more to the rest of the world through international trade, capital flows and cooperation. Therefore, exchange rate policy...
ABSTRACT The study examines the nature of food Engel curve using total expenditure as a proxy for income. The Working-leser and the quadratic specifications of Engel’s model are employed and modified to include certain demographic characteristics of households. The study uses secondary data from the last four rounds of the Ghana Living Standard Survey. Results from the study show a significant relationship between budget share of food and total expenditure. The budget share of food also va...