External Debt, FDI and Economic Growth in Zimbabwe: External Debt, FDI and Growth - Couverture souple

Makova, Tendai; Muhoyi, Edgar; Nyamadzawo, Jecob

 
9783845430546: External Debt, FDI and Economic Growth in Zimbabwe: External Debt, FDI and Growth
Couverture souple
ISBN 10 : 3845430540 ISBN 13 : 9783845430546
Editeur : LAP LAMBERT Academic Publishing, 2011

Synopsis

The paper examines the relationship between external debt, foreign direct investment (FDI) and economic growth in the Zimbabwean economy over the period 1980 - 2006. The study employs Granger based vector autoregression analysis to investigate this relationship. Results show that there is a bi-directional causal relationship between external debt and economic growth, indicating feedback effects between the two variables. Furthermore, a uni-directional causal relationship running from external debt to FDI was identified, buttressing the idea that Zimbabwe faces a debt overhang problem. Estimations of variance decomposition found statistically significant relationships between external debt, FDI and economic growth. Evidence from impulse response functions shows that the external debt shock significantly explains fluctuations in FDI and economic growth.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

The paper examines the relationship between external debt, foreign direct investment (FDI) and economic growth in the Zimbabwean economy over the period 1980 - 2006. The study employs Granger based vector autoregression analysis to investigate this relationship. Results show that there is a bi-directional causal relationship between external debt and economic growth, indicating feedback effects between the two variables. Furthermore, a uni-directional causal relationship running from external debt to FDI was identified, buttressing the idea that Zimbabwe faces a debt overhang problem. Estimations of variance decomposition found statistically significant relationships between external debt, FDI and economic growth. Evidence from impulse response functions shows that the external debt shock significantly explains fluctuations in FDI and economic growth.

Biographie de l'auteur

Tendai Makova is a lecturer at the University of Zimbabwe in the Department of Economics. Edgar Muhoyi is a lecturer at the University of Zimbabwe in the Department of Economics. Jecob Nyamadzawo is a Research Fellow at the Zimbabwe Economic Policy Analysis and Research Unit (ZEPARU).

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2011
Langue
anglais
ISBN 10 
3845430540
ISBN 13 
9783845430546
Reliure
Broché
Nombre de pages
92
Coordonnées du fabricant
non disponible
Personne responsable
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