This paper analyses the factors affecting bilateral trade flows between Zambia and other Common Market for Eastern and Southern Africa (COMESA) member states. Empirically, this looks at whether or not Zambia has become more integrated in the COMESA region. Two analytical approaches were used to...
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This study empirically investigated the impact of currency depreciation on economic growth in Zambia using the Johansen cointegration technique in a bivariate specification. The study used annual time-series data over the period 1985-2016. Gross domestic product (GDP) was used as a proxy for...
Download PDF ↓There has been controversy amongst economists regarding the nature of the relationship between trade openness and economic growth. The standard neoclassical model of exogenous growth postulates that changes in trade openness can only affect the pattern of product specialization but not the long...
Download PDF ↓The study sought to understand the effect on Zambia’s metal export performance of the geographical patterns of these exports. Particular focus was given to the role of China as an anchor of the destination network in terms of external demand shocks. The dimensions considered were the effect of...
Download PDF ↓This study set out to determine the relationship between health human capital and economic growth for 30 sub Saharan African countries during the period 1995 and 2014. The study did this in two parts. First, we first estimated a model of health production to ascertain the impact of economic...
Download PDF ↓Debt overhang theory suggests that debt has a Laffer curve type of relationship with economic growth. This implies that there is a threshold value of debt, beyond which, debt accumulation will negatively affect economic growth. This paper sought to contribute to existing literature by...
Download PDF ↓This study investigates the monetary policy transmission in Zambia by examining the magnitude and speed of the pass-through from the Bank of Zambia policy rate to commercial bank interest rates using the Johansen cointegration approach. The study also investigates the symmetric/asymmetric...
Download PDF ↓Although there is widespread evidence that access to credit is critical for agricultural production, it is still unclear whether access to credit improves agricultural productivity. Productivity improvement are key to reducing wastages and sustainably increasing household incomes, and ultimately,...
Download PDF ↓This study investigated the incidence of food insecurity and its determinants among households in luapula province, Zambia. The results are based on a household Living Condition Monetary Survey data of 2015. A random effect Logistic regression model was estimated based on this data with the...
Download PDF ↓Commercial banks perform an important part in financial intermediation. Zambia, like any other nation, needs a stable banking system in order to finance private and public investments. The fruitfulness of the banking system in channelling funds from depositors to lenders is often gauged by...
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