Search

This paper investigates the determinants of labour productivity at firm level in Zambia’s manufacturing sector, using panel data for the period 2006 to 2010 for 324 firms.The study is worth undertaking because labour productivity (LP) is a determinant of firm competitiveness and profitability....

Net interest margins (NIM) have been an interesting issue and of great debate. In Zambia, NIM has generally been high thus, having low savings rate and high lending rates. This is not good for the economy because on one hand, it discourages savings thereby, reducing the levels of monies available...

The global rise in wage income inequality has been an important topic in labour economics over the past few decades. Many studies have been undertaken to ascertain the factors affecting wage inequality. However, little research exists for Zambia on this topic in spite of the importance that is...

The aim of the study was to investigate the impact of real exchange rate volatility on Zambia’s agricultural exports in an export demand framework this includes relative prices which are a measure of competitiveness and foreign incomes capturing foreign economic activity between 1991 and 2011.The...

Since 2002, the Government of Zambia has been funding a farmer input subsidy program that consumes a very large part of the resources allocated to the Ministry of Agriculture and Livestock. This survey examines if the program is producing commensurate impacts on maize production by the farmers...

The Zambian economy has been grappling with Balance of Payment (BoP) problems since the mid-1970s. This led the country to resort to seeking support from multilateral institutions and subsequently, the adoption of the IMF’s structural adjustment programmes as a solution. The Monetary Approach to...

Despite sustained economic growth in the Zambian economy as shown by real Gross Domestic Product (GDP) growth of more than 5 per cent in recent years, the majority of Zambians continue to live in poverty. This paper assesses the link between public expenditure and human development in Zambia by...

Economic theory on trade flows postulates that depreciation does not guarantee an automatic improvement of the Balance of Payment (BoP) unless the Marshall-Lerner (M-L) condition is fulfilled. In this regard, most Sub-Saharan African countries (including Zambia) are still grappling with the...

This study investigated the empirical evidence on the effect of exchange volatility on private capital inflows in Zambia. The investigation used monthly time series data for the period 1992-2012 relating to exchange rate, gross domestic product, foreign direct investment and foreign portfolio...

The study on the relationship between economic growth and inflation has attracted attention world over by researchers and policy makers. A high and sustained economic growth with low and stable inflation is the central objective of most policy makers. However, previous studies on the relationship...