ABSTRACT Since the late 1980s, Zimbabwe has experienced rising poverty for quite a number of years despite policy makers implementing trade liberalisation. Therefore, the study sought to determine the impact of trade liberalisation on poverty in Zimbabwe. Using time series data from 1986 to 2012, an Ordinary Least Squares (OLS) estimation criteria was employed to estimate the change of poverty in Zimbabwe. The study found out that trade liberalization has positive effect on poverty. Policy ma...
Abstract: Despite that reviews have been done in intellectual capital and the performance of firms, their status has remained uncertain in the emerging economy. Previous studies have generally focused on single industries and have overlooked the input of the service and manufacturing sectors as a whole. This study offers new insight into the area of intellectual capital and its relationship with firms’ performance in Tanzania and evaluates intellectual capital within the service and manufa...
ABSTRACT All firms have to make a decision on how to finance their operations. A firm can use retained profit or borrow from financial institutions, or offer securities and shares. Each source of funds has its own advantages and disadvantages. The proportion of debt to equity applied by firms determines the capital structure of a firm. This study therefore investigated the relationship between capital structure and the performance of non-financial companies listed on the Zimbabwe Stock Exchan...
ABSTRACT Health insurance scheme is important in improving health finance in Tanzania. However, health insurance faces numerous difficulties including inadequate health services availability. This study attempted to assess the determinants of health insurance services provision among Accredited Drugs Dispensing Outlets (ADDOs) in Kilombero district. The objective of the study is to assess the social-economic factors affecting the response of private sector Accredited Drugs dispending Outlets...
Abstract This study is an attempt to extend the frontiers of knowledge about company finances, with particular empirical reference to Nigeria. It examines the extent to which Nigerian firms use owners’ funds (equity) and borrowed funds (debt). It covers a period of 10 years, from 1974 to 1983. The study samples 87 non-financial companies quoted on the Nigeria Stock Exchange; the sample excuses the financial sector because its financing patterns sharply differ from those of the other secto...
ABSTRACT This study examines the determinants of the real exchange rate in Namibia using annual time series for the period 1980 to 2014. The fundamental determinants of the real exchange rate in Namibia are openness, terms of trade, ratio of government expenditure to GDP and the ratio of investment to GDP. Time series properties were tested for stationarity using the Dickey Fuller-GLS test. The variables were found to be nonstationary but became stationary at their first differences. The stu...
ABSTRACT Theories of residential location are traceable to the earlier works of
ABSTRACT Namibia depends mainly on tax revenue to finance the budget. This study evaluate the revenue productivity of Namibia’s overall tax system on the basis of estimates of tax buoyancy and tax elasticity, using the quarterly time series data for the period 2001 to 2014. Secondary data from ministry of finance was used in this study. Time series properties were tested using Dickey fuller (ADF) to test the existence of unit roots among the variables. The variables were found to be non-sta...
ABSTRACT The primary aim of this study is to analyse empirically the determinants of investments behaviour in Nigerian manufacturing industries based on
Abstract This study examined the causal relationship between Private Sector Credit Extension (PSCE) and Economic growth in Namibia. The study used the quarterly data covering the period from 2000:Q1-2017:Q4. The variables employed were Gross Domestic Product (GDP) growth, Private Sector Credit Extended, Broad Money Supply (M2) and lending rates. The study employed co-integration tests on different sets of variables used to examine long run relationship. Granger causality tests established the...
ABSTRACT The objectives of this paper are to: examine whether there is a long-run relationship between financial development and economic growth in Namibia and hence determine the direction of causality as well as the implications of such results for a financial sector policy- oriented growth in the economy. In order to test for the existence of long run relationship between the variables, the study employs a cointegration and error correction modeling (ECM) technique. The study uses quarterl...
ABSTRACT The study examines the relationship between private consumption expenditure and lending rate in Namibia, with the aim of highlighting the effect of lending rate as an important factor that determine the private consumption expenditure growth. The study is based on annual data covering the period from 1980 to 2011. The Unrestricted Vector Auto – regression Model (VECM) procedure was adopted. Two proxies for real wealth and real disposable income are used in the study. The results sh...
Abstract The study aims to empirically test the Ricardian Equivalence hypothesis in Namibia, using quarterly time-series data from 1991 quarter one to 2017 quarter four. The annual data was converted from annual to quarterly by using Eviews 10 software. Consumption function was used to test for Ricardian Equivalence Hypothesis by testing how government debt and tax affect consumption. Additional control variables such as inflation, government expenditure, population growth and income were inc...