http://hdl.handle.net/10628/51 2013-05-29T03:33:24Z 2013-05-29T03:33:24Z Sunde, Tafirenyika http://hdl.handle.net/10628/333 2012-07-12T00:00:05Z 2012-01-01T00:00:00Z

Title: Financial sector development and economic growth nexus in South Africa. Authors: Sunde, Tafirenyika Abstract: The study investigated the nexus between financial sector development and economic growth in South Africa using co-integration and error correction modelling and; the Granger causality tests. The results of the study show that economic growth is explained by the financial sector variables and control variables such as inflation, exchange rate, and real interest rates. The Granger causality test results show that there is generally a bidirectional relationship between economic growth and financial sector development which implies that if the economy grows the financial services sector also grows and vice versa.

2012-01-01T00:00:00Z Ogbokor, Cyril A. http://hdl.handle.net/10628/330 2012-07-07T00:00:05Z 2011-01-01T00:00:00Z

Title: Modelling the connection between foreign trade and economic growth with OLS technique: Further empirical evidence from Namibia. Authors: Ogbokor, Cyril A. Abstract: Economic growth is undoubtedly one of the most complex processes in economic literature. It is therefore quite an enormous task in an attempt to try and construct an empirical model to explain in a detail manner the growth process of any modern economy. In this study, we have tried to isolate and investigate factors that could be of use in explaining the growth process by using Namibia as a laboratory test ground. More specifically, the following explanatory variables came under scrutiny-exports, imports, balance of payments‟ accounts, inflation, including foreign direct investment. In carrying out the investigation, we relied upon a combination of bivariate and multivariate regression models. We also specified and estimated the double log transformations of the various regression equations that were used in the study in order to determine the responsiveness of changes in the regressors with respect to economic growth. Macroeconomic data utilised runs from 1990 to 2008. The results of the study confirmed that exports and foreign direct investment, including the balance of payments‟ accounts are good predictors of economic performance, while imports and inflation are leakages and could be detrimental to the entire economy, especially, it left uncontrolled over a protracted period of time. The study concludes by recommending, inter alia, the pursuit of an export-led industrialization policy for Namibia, while at the same time creating an environment that would encourage investors, especially foreign investors to 3 relocate part of their capital to Namibia. We also put forward some proposals for researchers willing to carrying out further investigation regarding the issue under discussion.

2011-01-01T00:00:00Z Ogbokor, Cyril A. http://hdl.handle.net/10628/329 2012-07-07T00:00:05Z 2001-01-01T00:00:00Z

Title: Oil and economic growth: An econometric analysis.Journal of Development Alternatives and Area Studies, 20( Authors: Ogbokor, Cyril A. Abstract: The study focuses specifically on the effect of oil exports, non-oil exports and foreign capital inflow on Nigeria‟s economic growth performance. Using the OLSQ regression technique, we generated the relationship between the variables identified above. Relying on selected macroeconomic data for the period 1980 – 2000, the results of the study provides empirical evidence to reinforce the claim that oil exports have contributed more significantly to the growth of the Nigerian economy vis-à-vis other variables that were analysed. The paper recommends, as part of Nigeria‟s strategy for achieving rapid and sustainable economic „miracle‟ the aggressive pursuit of an export-led industrialisation policy

2001-01-01T00:00:00Z Ogbokor, Cyril A. Sunde, Tafirenyika http://hdl.handle.net/10628/328 2012-07-07T00:00:07Z 2011-01-01T00:00:00Z

Title: Is Namibia's inflation import-driven? An econometic investigation. Authors: Ogbokor, Cyril A.; Sunde, Tafirenyika Abstract: The principal objective of this study was to investigate and test the hypothesis that Namibia’s inflation is mainly driven by imports using annual macroeconomic data. The study relied heavily on the Ordinary Least Squares (OLS) estimation technique. The study confirmed the results of previous studies (which used different methodologies from the current study) that inflation in Namibia is heavily import driven. The other variables that were found significant in explaining inflation in Namibia are rate of growth of GDP, broad money supply (M2), real interest rates and the real exchange rate. The main conclusion that we came to is that Namibia needs to put more emphasis in developing its manufacturing base which would ensure increased domestically produced output and less imported inflation from South Africa and the rest of the world.

2011-01-01T00:00:00Z