Abstract: The study used time series data for Zimbabwe (1975-2012) to: (i) empirically determine the link between economic growth and four macroeconomic variables (Foreign Direct Investment, volume of trade, Inflation and capital accumulation) (ii) analyze the impact of these macroeconomic variables on economic growth (iii) test if innovations in macroeconomic variables influence on the rate of economic growth and vice versa and (iv) establish the major drivers of economic growth. Using the ...
Abstract: Emerging economies are still faced with need to improve economic growth. One of the main drivers of growth in literature has been found to be electricity consumption. However literature fails to explain the relationship between economic growth and electricity consumption. It is against this background that the study examines the presence of the long run relationship between economic growth and electricity consumption in Botswana. The study use annual time series data for the period...
Abstract: This research empirically examines the connection between stock market performance, exchange rates and interest rates using the VECM model and monthly time series data. During the pre hyperinflationary phase findings showed that the impact of interest rates on stock market performance were mixed. Stock market performance converged to long run equilibrium with bank rates (1.4%) within 8 months. Unidirectional causality moves from stock market to exchange rates, Treasury bill rates a...
The unprecedented growth of mobile phones to make transactions has become a dependable form of payment for low-income earners living in rural and urban Kenya, increasing demand for goods and services and stimulating demand for money. However, its effect on money demand and subsequent effect on monetary policy is inconclusive as observed from past empirical studies. Furthermore, the rapid adoption of mobile money has generated new data needs and growing interest in understanding its contributi...
Abstract: Disruptions in the food supply chains caused by the COVID-19 pandemic have destabilized the balance between production, supply, transport, distribution, and consumption. Consequently, these disruptions have affected food and nutritional security all over the world. This study proposes a framework for investigating the impact of COVID-19 on food supply chains, considering Eastern Africa as a focus region with Kenya and Rwanda as case studies. A systems thinking approach with three s...
Abstract: This study analyzes the cost benefit implication of maize storage techniques used by farmers and traders, and further identifies challenges in the uptake of new and improved technology and innovations. Using a case study area in Njoro sub-County from Kenya, we identified and evaluated the economic feasibility of the various technologies that farmers and traders used to store their maize against being attacked by insects and rodents. Analysis showed that most feasible storage innova...
Abstract: This thesis explores the economic burden of malaria incidence by controlling household practices regarding malaria prevention in Jabi-tehnan District. It uses household survey data collected by the Social Sciences and Impact Assessment Unit of the International Centre of Insect Physiology and Ecology(icipe). This study aimed at assessing and examining factors contributing to malaria and the impact of the incidenceby using both descrptive statistics and econometrics aproach. In the ...
Abstract: This study analyzes the cost benefit implication of maize storage techniques used by farmers and traders, and further identifies challenges in the uptake of new and improved technology and innovations. Using a case study area in Njoro sub-County from Kenya, we identified and evaluated the economic feasibility of the various technologies that farmers and traders used to store their maize against being attacked by insects and rodents. Analysis showed that most feasible storage innova...
The study investigates the relationship between foreign direct investment (FDI) and economic growth in Kenya through comprehensive regression analysis and causality tests. Theoretical literature argues that FDI inflow can transfer great advantages to the host country, however, empirical studies show that the benefits of FDI vary greatly across countries. Kenya has traditionally been one of the largest recipients of FDI in Africa, foreign investors provide intangible assets to support the oper...
The modern devolution development across the globe has been in part driven by assertions of a supposed ‘economic dividend’linked with the devolved expenditure. There is however, little empirical evidence to validate these assertions in Kenya. Most empirical studies across different countries have used different methods of analysis, different time periods and diverse techniques of measuring variable which have generated mixed conclusions and others are inconclusive. More so, in Kenya ...
The goal of this research was to investigate empirically how government expenditure contributes to economic growth in East Africa. Most existing studies on the association between government expenditure and economic growth show conflicting results and mainlyfocus on developed economies. Hence this study focused on both the functional and composition of public spending of the East African countries over the period from 1980 to 2010, with a particular focus on sectoral expenditures: Education, ...
Abstract This report is a socioeconomic study of multi-towns Water treatment system project in Afar Regional State. It is prepared by Bright Research Consultants outsourced from Beles engineering. The project proponent is Afar National Regional State Water and Energy Bureau. The project lies along the program target towns of Samara, Logia, Dubti, Aysaita, Dichot, Det Bahari and Galafi towns. These towns are located in one of the five zones of Afar region known as Awsi Rasu Zone ( Zone 1). Al...
Recently most nations have been experiencing reduced gross savings due to external shocks, among them the financial crisis and coronavirus disease-related macroeconomic costs, this study investigates the role of the inflation rate in explaining the variation in the saving behaviour in Kenya. Available empirical works have been conducted mostly in advanced economies and hence are difficult to generalize for developing countries considering differences in macro economic conditions. Therefore, t...
Tremendous changes have been witnessed in the developing countries' macroeconomic landscape over the past few decades. For instance, several forms of financial innovations have been witnessed in the sub-Saharan African region over the past decades. These changes can shift various parameters of the money demand model and function. However, few empirical studies have been carried out in this scope in East Africa. It is against this backdrop that this study will employ the panel estimation techn...
This article reviews empirical literature on the relationship between health and economic growth across different geographical jurisdictions in Ghana.