Is Namibia's inflation import-driven? An econometric investigation.

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dc.contributor.authorOgbokor, Cyril A.
dc.contributor.authorSunde, Tafirenyika
dc.date.accessioned2012-07-06T13:20:54Z
dc.date.available2012-07-06T13:20:54Z
dc.date.issued2011
dc.description.abstractThe principal objective of this study was to investigate and test the hypothesis that Namibia’s inflation is mainly driven by imports using annual macroeconomic data. The study relied heavily on the Ordinary Least Squares (OLS) estimation technique. The study confirmed the results of previous studies (which used different methodologies from the current study) that inflation in Namibia is heavily import driven. The other variables that were found significant in explaining inflation in Namibia are rate of growth of GDP, broad money supply (M2), real interest rates and the real exchange rate. The main conclusion that we came to is that Namibia needs to put more emphasis in developing its manufacturing base which would ensure increased domestically produced output and less imported inflation from South Africa and the rest of the world.en_US
dc.identifier.citationOgbokor, C. A., & Sunde, T. (2011). Is Namibia's inflation import-driven? An econometic investigation.en_US
dc.identifier.issn1651-9728
dc.identifier.urihttp://hdl.handle.net/10628/328
dc.language.isoenen_US
dc.publisherBethany Booksen_US
dc.subjectInflation - Namibiaen_US
dc.subjectImports - Namibiaen_US
dc.subjectNamibia - Econometric investigationen_US
dc.titleIs Namibia's inflation import-driven? An econometric investigation.en_US
dc.typeArticleen_US

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