DSpace Collection:
http://hdl.handle.net/123456789/92
2024-03-28T22:44:00ZEffects of Sectorial Allocation of Commercial Bank Credit on Ethiopian Economic Growth: An Empirical Analysis
http://hdl.handle.net/123456789/3000
Title: Effects of Sectorial Allocation of Commercial Bank Credit on Ethiopian Economic Growth: An Empirical Analysis
Authors: Abdi, Hasan
Abstract: Despite the growing literatures that examined the relationship between financial developments and growth of any economy, there is scarceness in the empirical studies that examine the influence of bank credit on economic performance or growth at sectorial level of any country. Therefore, this study came to examine the effect and relationship between bank credit allocation to Agriculture, Industry, Service, Export and to the whole economic sectors independently and Real GDP in Ethiopia at different using time series data for the period that span from 1980 to 2015.
The paper examines whether a long-run relationship between bank credit allocation to these sectors and economic growth measured by Real GDP exist in Ethiopia. It employs Vector Error Correction Model (VECM) approach to assess how bank credit allocation to these sectors contributes to growth. It further used the granger causality test so as to find the direction of causality between bank credit allocation to these sectors and economic growth.
The findings support the existence of feedback effect or bi-directional causality between Total bank credit to the economy and Real GDP.
Moreover, the empirical results point out that the efficiency of the bank credit facilities in major economic sectors at level and lags has an important role in the Ethiopian economic growth both in short- and long-runs. This shows that there is a need to enhance the role of financial sector for different economic sectors by adopting more appropriate macroeconomic policies.2017-04-01T00:00:00ZEXCHANGE RATE REGIME CHOICE AND ITS IMPACT ON EXPORT VOLUME IN EMERGING NON OIL ECONOMIES OF 7 SUB-SAHARAN AFRICAN COUNTRIES (Ethiopia, Ghana, Liberia, Sierra Leone, Tanzania, Uganda, and Zambia)
http://hdl.handle.net/123456789/2991
Title: EXCHANGE RATE REGIME CHOICE AND ITS IMPACT ON EXPORT VOLUME IN EMERGING NON OIL ECONOMIES OF 7 SUB-SAHARAN AFRICAN COUNTRIES (Ethiopia, Ghana, Liberia, Sierra Leone, Tanzania, Uganda, and Zambia)
Authors: TEFERA, ABIY2017-04-01T00:00:00ZAssessment of Urban Development Indicators (UDIs) of Addis Ababa City Administration
http://hdl.handle.net/123456789/2693
Title: Assessment of Urban Development Indicators (UDIs) of Addis Ababa City Administration
Authors: Mamo, Tsion2016-09-01T00:00:00ZDETERMINANTES OF FOREIGN DIRECT INVESTMENT IN ETHIOPIA: TIME SERIES ANALYSIS
http://hdl.handle.net/123456789/2692
Title: DETERMINANTES OF FOREIGN DIRECT INVESTMENT IN ETHIOPIA: TIME SERIES ANALYSIS
Authors: TEWELDE, ROZINA
Abstract: Numerous
studies in recent years have focused attention on the determinants of
foreign
direct investment in
developing countries. This paper contributed to this body of
knowledge by filling a noticeable gap. Principa
lly, this paper examines the determinant of
foreign direc
t investment
in Ethiopia for the period 1981
-
2014
.
In recent years, most developing countries have liberalized
their
trade and attempted to
create enabling environment to attract Foreign Direct Inv
estment (FDI). Ethiopia, like
many developing countries, have taken remarkable measures towards liberalizing trade and
the macroeconomic regime as well as introducing some measures aimed at improving the
FDI struc
tural and regulatory framework.
The study g
ives an extensive look at the
theoretical underpinnings and conducts empirical analysis across various developing
countries to establish the determining factors of FDI in Ethiopia. The results show
ed
that
real GDP (Gross Domestic Product) and liberalizatio
n, among others, have positive impact
on FDI. On the other hand, macroeconomic instability, real effective exchange rate, adult
illiteracy rate and poor infrastructure are found to have adverse impact on FDI. These
results entail that liberalization of th
e trade and regulatory regimes, stable macroeconomic
and political environment, and significant improvements
I ,
n infrastructure are
indispensible to attract FDI to our motherland. On the other hand, the annual
capital flight
out of the country is also found to be significant in this study.2016-06-01T00:00:00Z