Gediyon Bekele

Effects of monetary policy on private investment in Ethiopia

• Broschiertes Buch

Produktbeschreibung

The main objective of this study is to investigate the effect of monetary policy on private investments in Ethiopia for utilizes annual time-series data from 1980 to 2020. To achieve the goal of this study, Autoregressive Distributed Lag (ARDL) Approach to Bounds test and Error Correction Model are applied in order to investigate the long-run and short-run relationship between the dependent variables and explanatory variables. Data was collected from National Bank of Ethiopia (NBE). The monetary policy we used as indicators are Money Supply (M2), gross domestic saving (GDS), Bank credit (BC), Inflation rate (IR), and Real effective exchange rate (REER) .The finding of the Bounds test shows that there is a stable long run relationship in all variables. The empirical results suggest that money supply exerts a positive and statistically significant effect on private investments, in the long-run, gross domestic saving a positive and statistically significant effect on private investment in the long-run, and bank credit a positive and statistically significant effect on private investment in the long-run.

Produktdetails

• Verlag: LAP Lambert Academic Publishing
• Seitenzahl: 56
• Erscheinungstermin: 31. Oktober 2022
• Englisch
• Abmessung: 220mm x 150mm x 4mm
• Gewicht: 102g
• ISBN-13: 9786205487655
• ISBN-10: 6205487659
• Artikelnr.: 66668501

Autorenporträt

Der Autor wurde am 10. Juni 1994 in Wolaita geboren. Er besuchte die Grundschule und die Sekundarschule in Merti Jeju bzw. die Boditi Sekundarschule. Der Autor besuchte die Universität von Gondar im Jahr 2013 und erhielt im Juli 2016 einen BS.C. Abschluss in Statistik.