While the neoclassical school advocates that private investment is dampened by an increase in government spending, an increase in the government spending stimulates private investment in the Keynesian model. This study analyses the effectiveness of fiscal spending in the context of crowding out/in hypothesis for Namibia. Two models have been estimated by analyzing the unit root test, co-integration test and the error correction model. The first model used government expenditures, the second model used government budget deficit in the equation together with log of gross domestic product and lending interest rate. The time series data of 62 quarters, i.e. fiscal year of 1990:1 - 2005:2 has been used. The main findings of the study verify both the Keynesian and neoclassical views for Namibia. While increases in government spending are found to crowd in private investment, government budget deficits are found to crowd it out. The evidence has important implications for fiscal management.
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While the neoclassical school advocates that private investment is dampened by an increase in government spending, an increase in the government spending stimulates private investment in the Keynesian model. This study analyses the effectiveness of fiscal spending in the context of crowding out/in hypothesis for Namibia. Two models have been estimated by analyzing the unit root test, co-integration test and the error correction model. The first model used government expenditures, the second model used government budget deficit in the equation together with log of gross domestic product and lending interest rate. The time series data of 62 quarters, i.e. fiscal year of 1990:1 - 2005:2 has been used. The main findings of the study verify both the Keynesian and neoclassical views for Namibia. While increases in government spending are found to crowd in private investment, government budget deficits are found to crowd it out. The evidence has important implications for fiscal management.
Pinehas Nangula is currently working at the polytechnic of Namibia as lecturer of economics. I got my first degree in economics at the university of Namibia in 2007 and in 2008 proceeded to do my master in economics at the university of botswana.
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Taschenbuch. Zustand: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -While the neoclassical school advocates that private investment is dampened by an increase in government spending, an increase in the government spending stimulates private investment in the Keynesian model. This study analyses the effectiveness of fiscal spending in the context of crowding out/in hypothesis for Namibia. Two models have been estimated by analyzing the unit root test, co-integration test and the error correction model. The first model used government expenditures, the second model used government budget deficit in the equation together with log of gross domestic product and lending interest rate. The time series data of 62 quarters, i.e. fiscal year of 1990:1 - 2005:2 has been used. The main findings of the study verify both the Keynesian and neoclassical views for Namibia. While increases in government spending are found to crowd in private investment, government budget deficits are found to crowd it out. The evidence has important implications for fiscal management. 84 pp. Englisch. Bestandsnummer des Verkäufers 9783659304569
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Zustand: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Nangula PinehasPinehas Nangula is currently working at the polytechnic of Namibia as lecturer of economics. I got my first degree in economics at the university of Namibia in 2007 and in 2008 proceeded to do my master in economics at. Bestandsnummer des Verkäufers 5147135
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Taschenbuch. Zustand: Neu. Neuware -While the neoclassical school advocates that private investment is dampened by an increase in government spending, an increase in the government spending stimulates private investment in the Keynesian model. This study analyses the effectiveness of fiscal spending in the context of crowding out/in hypothesis for Namibia. Two models have been estimated by analyzing the unit root test, co-integration test and the error correction model. The first model used government expenditures, the second model used government budget deficit in the equation together with log of gross domestic product and lending interest rate. The time series data of 62 quarters, i.e. fiscal year of 1990:1 - 2005:2 has been used. The main findings of the study verify both the Keynesian and neoclassical views for Namibia. While increases in government spending are found to crowd in private investment, government budget deficits are found to crowd it out. The evidence has important implications for fiscal management.Books on Demand GmbH, Überseering 33, 22297 Hamburg 84 pp. Englisch. Bestandsnummer des Verkäufers 9783659304569
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Taschenbuch. Zustand: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - While the neoclassical school advocates that private investment is dampened by an increase in government spending, an increase in the government spending stimulates private investment in the Keynesian model. This study analyses the effectiveness of fiscal spending in the context of crowding out/in hypothesis for Namibia. Two models have been estimated by analyzing the unit root test, co-integration test and the error correction model. The first model used government expenditures, the second model used government budget deficit in the equation together with log of gross domestic product and lending interest rate. The time series data of 62 quarters, i.e. fiscal year of 1990:1 - 2005:2 has been used. The main findings of the study verify both the Keynesian and neoclassical views for Namibia. While increases in government spending are found to crowd in private investment, government budget deficits are found to crowd it out. The evidence has important implications for fiscal management. Bestandsnummer des Verkäufers 9783659304569
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