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Government expenditure variables and economic growth in Zambia
The government sector forms a significant part of the economy. As such, it is important to examine the impact of government activities on the economy. This study investigates the impact of several components of government expenditure on economic growth between 2001Q1 and 2014Q4 using the vector erro...
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| Format: | Thesis |
| Language: | English |
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Research of GSB
2018
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| _version_ | 1867614220796821504 |
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| access_status_str | Open Access |
| author | Sekele, Ezekiel Chisenga |
| author2 | Alhassan, Abdul Latif |
| author_browse | Alhassan, Abdul Latif Sekele, Ezekiel Chisenga |
| author_facet | Alhassan, Abdul Latif Sekele, Ezekiel Chisenga |
| author_sort | Sekele, Ezekiel Chisenga |
| collection | Thesis |
| description | The government sector forms a significant part of the economy. As such, it is important to examine the impact of government activities on the economy. This study investigates the impact of several components of government expenditure on economic growth between 2001Q1 and 2014Q4 using the vector error correction model. The study found that only expenditure on transport and gross fixed capital formation had a significant positive impact on economic growth in the short-run. In the long-run, only expenditures on transport and education had a significant impact on economic growth. However, expenditure on health has a negative, although insignificant, impact on economic growth. This result may be due to the heavy concentration of health expenditure on disease treatment rather than disease preventive measures. Spending on defense has no significant impact on economic growth. Expenditure on agriculture was found to have no significant impact on economic growth both in the short- and long-run, partly due to a heavy concentration of expenditure on price-distorting agriculture input- and output-price support programs. The findings of the study suggest that there is need to focus expenditure on increasing agricultural productivity, improving the quality of education, improving road infrastructure and expanding disease prevention measures. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/29076 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:48:35.329Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2018 |
| publishDateRange | 2018 |
| publishDateSort | 2018 |
| publisher | Research of GSB |
| publisherStr | Research of GSB |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/29076 Government expenditure variables and economic growth in Zambia Sekele, Ezekiel Chisenga Alhassan, Abdul Latif Development Finance The government sector forms a significant part of the economy. As such, it is important to examine the impact of government activities on the economy. This study investigates the impact of several components of government expenditure on economic growth between 2001Q1 and 2014Q4 using the vector error correction model. The study found that only expenditure on transport and gross fixed capital formation had a significant positive impact on economic growth in the short-run. In the long-run, only expenditures on transport and education had a significant impact on economic growth. However, expenditure on health has a negative, although insignificant, impact on economic growth. This result may be due to the heavy concentration of health expenditure on disease treatment rather than disease preventive measures. Spending on defense has no significant impact on economic growth. Expenditure on agriculture was found to have no significant impact on economic growth both in the short- and long-run, partly due to a heavy concentration of expenditure on price-distorting agriculture input- and output-price support programs. The findings of the study suggest that there is need to focus expenditure on increasing agricultural productivity, improving the quality of education, improving road infrastructure and expanding disease prevention measures. 2018-11-23T06:58:34Z 2018-11-23T06:58:34Z 2018 Master Thesis Masters MCom http://hdl.handle.net/11427/29076 eng application/pdf Research of GSB Faculty of Commerce University of Cape Town |
| spellingShingle | Development Finance Sekele, Ezekiel Chisenga Government expenditure variables and economic growth in Zambia |
| thesis_degree_str | Master's |
| title | Government expenditure variables and economic growth in Zambia |
| title_full | Government expenditure variables and economic growth in Zambia |
| title_fullStr | Government expenditure variables and economic growth in Zambia |
| title_full_unstemmed | Government expenditure variables and economic growth in Zambia |
| title_short | Government expenditure variables and economic growth in Zambia |
| title_sort | government expenditure variables and economic growth in zambia |
| topic | Development Finance |
| url | http://hdl.handle.net/11427/29076 |
| work_keys_str_mv | AT sekeleezekielchisenga governmentexpenditurevariablesandeconomicgrowthinzambia |