Economics Research Papers/Topics

DRIVERS OF GROWTH IN THE AGRICULTURAL SECTOR ON THE DEVELOPMENT PLAN

Agricultural sector contribute about 36% of the East African Community’s Gross DomesticProduct (World Bank, 2009), 80 per cent of the populace depend on agriculture directly andindirectly for food, employment and income, while about 40 million people in EAC (East AfricanCountries) suffer from hunger and the agricultural sector still retains a lot of untapped potential,specifically for commercial farming. However, economic growth target for agriculture sector can beachieved by stimulating th...

Government Expenditure and Regional Economic Growth: The Direction of Causality

This study examines the link between government expenditure and regional economic growth, overthe period 2013 to 2017. Gross County Product per capita growth is used as indicator of regionaleconomic growth. This study used Error Correction Model and Engle and Granger framework twostep procedure to investigate the long-run and short-run equilibrium relationship betweenexpenditure and regional growth. The analysis reveals that expenditure and regional growth are cointegratedand, hence a long-ru...

Determinants of regional economic growth in Kenya

This research empirically explores the determinants of Kenya’s regional economic growth in the 47 counties over the period 2014 to 2017. Though economic policies aimed at enhancing regional growth were implemented, the economic performance has not been satisfactory hence the study seeks to find out what determines economic performance at the sub-national level. This research is based on the reduced Solow-Swan growth theoretical framework. The analysis techniques that were used in this study...

UMA ANÁLISE DA ADMINISTRAÇÃO IDEAL DE DESPESAS PARA O CRESCIMENTO ECONÔMICO EM UM GOVERNO DESCENTRALIZADO: A CURVA ARMEY NO QUÊNIA

O presente estudo, assumindo um orçamento equilibrado, busca estimar a administraçãoideal de despesas de um governo descentralizado em 47 unidades subnacionaisdo Quênia por meio da regressão de painel ARDL e o modelo de Scully para o período2014-2018. O modelo de estimativa examinou a ideia de Armey de uma curva quadráticaque explica o nível de despesas governamentais e o nível correspondente decrescimento econômico. A análise do painel ARDL revela que o tamanho de governosdescentr...

AN ANALYSIS OF OPTIMAL DEVOLVED GOVERNMENT SIZE FOR GROWTH: ARMEY CURVE IN KENYA

This study, assuming a balanced budget, attempts to estimate the optimal size ofdevolved government expenditure in 47 Kenyan counties using the panel ARDLregression and Scully (2008) model for the period 2014-2018. The estimation modelexamined Armey’s idea of a quadratic curve that explains the level of governmentexpenditure in an economy and the corresponding level of economic growth. Thepanel ARDL series analysis reveals that devolved government size is optimized whencounty expenditures s...

Do Fiscal Transfers Foster Regional Economic Growth?

Fiscal transfer development across the world today has been in part driven by assertions of a supposed ‘economic dividend’ linked with the devolved financial spending. There is, however, little empirical evidence to validate these assertions in Kenya. It is against this background that this study was carried out to estimate the end product of fiscal transfer on regional economic growth in Kenya using a secondary panel data set. Using the ARDL estimation technique the long-run and error co...

Impact of Agricultural R&D on Sectoral Economic

Public and private investment in agricultural research and development (R&D) createspreconditions for the implementation of more advanced and better technologies. It enables theintroduction of new production processes and products which can result in higher earnings andpotential sectoral economic growth in Agriculture. Despite the fact that accelerated agriculturalresearch and development is a catalyst for the beginning of the long-run economic activity, itsimportance is not widely investigat...

East African Community Regional Integration: Private Investment Implications

The objective of regional integration is the attainment of long-run economic growth for membercountries. Private investments are decisive in attaining this objective, given the high dependence ofEAC member states on state-owned investment. This has been attributed to the economic policiesimplemented by the government which favors state-owned investment. Further, existing empiricalstudies have been unable to determine whether trade liberalization advances or obstructs theaccumulation of privat...

Financial Inclusion in East Africa: Does Economic Growth Matter?

Inclusive financial systems in any economy cannot be ignored. In fact, it has become a policystrategy in many governments around the world, including East Africa region economies – Kenya,Uganda and Tanzania. Using panel data, this study presents a cross country analysis of thevariables that determine financial inclusion levels with a key focus on economic growth throughdemand leading hypothesis. The study sought to test if economic expansion matters in financialinclusion in East Africa for ...

Contraceptive Use Among Young Adults in Zimbabwe, Questionnaire Study

Adolescents face several challenges where ASRH issues are concerned. One of these issues is the low uptake of HIV prevention services especially those in high-density urban townships who are prone to several factors that hinder their access to HIV prevention services. This study sought to highlight the prevalence of HIV prevention methods use among adolescents and factors that determine their accessibility in Dzivarasekwa and Tynwald Districts. A total of 500 questionnaires were administered ...

An Analysis of the Household Choice and Determinants of Livelihoods Diversification Activities of the Galo Tribal People, India

Though many scholars have written several articles on the livelihoods activities of the tribal population, only a few have tried to offer an outsider in-depth analysis of the livelihoods of tribal people, specifically those in North East India. The few research on this topic mainly focused on the challenges being faced by tribal communities without paying attention to how the tribes are manoeuvring their vast challenges in their livelihoods, opportunities and the constraints they face in doin...

Impact of Macroeconomic Variables on Exchange Rate Uncertain

Macroeconomic convergence is critical for member states to achieve the level of harmonization required for establishing a stable and resilient monetary union. The East African Community (EAC) member states, therefore, established set targets for macroeconomic convergence, in-tending to eliminate exchange rate uncertainty within the bloc and reduce the costs of the mon-etary union. However, recent empirical studies indicate that the rate of convergence of the member states to the set macroecon...

Impact of Public Consumption on Economic Growth

Faced with the financial crisis and global economic recessions, Africa governments have rediscovered the importance of economic policy instruments. They use it to rescue the bankrupt banks, and to make more economic activity to carry back recession. But now there's a backlash demanding that the deficits used to create the stimulus must be reduced by cutting public consumption spending on a grand scale. Hence the target of this study is to explore the role of public consumption expenditure on ...

Corruption and Economic Growth in Kenya: A county-level analysis

While there's an outsized consensus within the empirical literature on the negative impact of corruption on the economic process, some studies still argue that corruption could also be economically justified. There is, however, little empirical evidence to validate the impact of corruption on economic growth within the devolved units. The effect of the corruption rate on the economic activities is examined using ordinary least squares regression analysis and Kenya county-level data. The resul...

Effect of Fiscal and Monetary Policy on Gross Domestic Savings in Kenya

Domestic savings is a vital source of investment funds, especially for developing economies. It is thus essentialthat internal savings capacity in these economies is increased to enhance investment financing and economicgrowth. Since increased reliance on external capital flows can result in economic instability, achieving a highernational saving rate is a critical macroeconomic objective for many developing countries. However, domesticsavings remain low in many of them including Kenya, posin...


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