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Interest rate reforms, financial deepening and economic growth in Kenya:an empirical investigation

Odhiambo, Nicholas M. - In: Journal of Developing Areas 43 (2009) 1, pp. 295-313

This paper examines the impact of interest rate reforms on financial deepening and economic growth in Kenya, using two models: the financial deepening model and the dynamic Granger causality model. The study attempts to answer two critical questions: Does interest rate liberalization in Kenya...

Persistent link: https://www.econbiz.de/10011213034

Is financial development a spur to poverty reduction? Kenya's experience

Odhiambo, Nicholas M. - In: Journal of Economic Studies 37 (2010) September, pp. 343-353

Purpose – The paper seeks to examine the inter-temporal causal relationship between financial development and poverty reduction in Kenya during the period 1968-2006. The study attempts to answer one critical question: is financial development in Kenya a spur to poverty reduction?...

Persistent link: https://www.econbiz.de/10008675225

Financial development in Botswana: in search of a finance-led growth response

Odhiambo, Nicholas M. - In: International Journal of Sustainable Economy 5 (2013) 4, pp. 341-356

In this paper, we examine the causality between financial development and sustainable growth in Botswana using the newly developed ARDL-bounds testing approach. Our results show that the causal relationship between financial development and sustainable economic growth is sensitive to the proxy...

Persistent link: https://www.econbiz.de/10010697250

Financial sector reforms and economic growth in Ghana: A dynamic ARDL model

Owusu, Erasmus L.; Odhiambo, Nicholas M. - In: Contemporary Economics 9 (2015) 2, pp. 181-192

This paper examines the relationship between financial sector reforms and sustainable economic growth in Ghana. Employing the autoregressive distributed lag (ARDL) bounds testing approach and using GDP per capita as a growth indicator, this paper establishes a long-run relationship between...

Persistent link: https://www.econbiz.de/10011480621

Growth, Employment and Poverty in South Africa: In Search of a Trickle-Down Effect

Odhiambo, Nicholas M. - In: Journal of Income Distribution 20 (2011) 1, pp. 49-62

in South Africa â€“ using the Auto-Regressive Distributed Lag (ARDL) bounds testing procedure. The study attempts to … answer one critical question: does economic growth in South Africa trickle down to the poor through job creation? The study … uses two proxies to measure the incidence of poverty in South Africa, namely household consumption per capita and infant …

Persistent link: https://www.econbiz.de/10011277829