Search

The aim of this study was to investigate the causal relationship among financial development, trade openness, and economic growth in Zambia from 1965 to 2011. To fully understand this relationship, two measures of financial development were used: broad money and domestic credit to the private...

This study investigated the impact of public investment on private investment and real output in Zambia, utilising time series data for the period 1980-2008. A Cointergrated Vector Autoregressive Model (VAR) was employed. Based on the existence of a long run Cointergrating relationship, the short...