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

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dc.contributor.author Ogbokor, Cyril A.
dc.contributor.author Sunde, Tafirenyika
dc.date.accessioned 2012-07-06T13:20:54Z
dc.date.available 2012-07-06T13:20:54Z
dc.date.issued 2011
dc.identifier.citation Ogbokor, C. A., & Sunde, T. (2011). Is Namibia's inflation import-driven? An econometic investigation. en_US
dc.identifier.issn 1651-9728
dc.identifier.uri http://hdl.handle.net/10628/328
dc.description.abstract The 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.language.iso en en_US
dc.publisher Bethany Books en_US
dc.subject Inflation - Namibia en_US
dc.subject Imports - Namibia en_US
dc.subject Namibia - Econometric investigation en_US
dc.title Is Namibia's inflation import-driven? An econometric investigation. en_US
dc.type Article en_US

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