Causality between economic growth and investment in Zimbabwe

The paper aimed at investigating the causal relationship between investment and economic growth in Zimbabwe using Granger causality methodology. Results revealed that causality does not run in any direction and hence the two are independent. These results are not the only one in literature since the...

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Main Author: Mandishekwa, Robson
Format: Article
Language:English
Published: IISTE 2016
Subjects:
Online Access:http://www.iiste.org/Journals/index.php/JEDS/article/viewFile/16157/16477
http://hdl.handle.net/11408/1585
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author Mandishekwa, Robson
author_facet Mandishekwa, Robson
author_sort Mandishekwa, Robson
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description The paper aimed at investigating the causal relationship between investment and economic growth in Zimbabwe using Granger causality methodology. Results revealed that causality does not run in any direction and hence the two are independent. These results are not the only one in literature since they are in line with others such as Verman and Wilson (2005) but are contrary to those of Samake (2008). It is recommended that Zimbabwe should invest in modern day technology to improve its growth.
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spelling ir-11408-15852022-06-27T13:49:06Z Causality between economic growth and investment in Zimbabwe Mandishekwa, Robson Economic growth, investment, causality, Zimbabwe The paper aimed at investigating the causal relationship between investment and economic growth in Zimbabwe using Granger causality methodology. Results revealed that causality does not run in any direction and hence the two are independent. These results are not the only one in literature since they are in line with others such as Verman and Wilson (2005) but are contrary to those of Samake (2008). It is recommended that Zimbabwe should invest in modern day technology to improve its growth. 2016-06-16T12:40:58Z 2016-06-16T12:40:58Z 2014 Article 2222-1700 http://www.iiste.org/Journals/index.php/JEDS/article/viewFile/16157/16477 http://hdl.handle.net/11408/1585 en Journal of Economics and Sustainable Development;Vol.5, No.20; p.136-140 open IISTE
spellingShingle Economic growth, investment, causality, Zimbabwe
Mandishekwa, Robson
Causality between economic growth and investment in Zimbabwe
title Causality between economic growth and investment in Zimbabwe
title_full Causality between economic growth and investment in Zimbabwe
title_fullStr Causality between economic growth and investment in Zimbabwe
title_full_unstemmed Causality between economic growth and investment in Zimbabwe
title_short Causality between economic growth and investment in Zimbabwe
title_sort causality between economic growth and investment in zimbabwe
topic Economic growth, investment, causality, Zimbabwe
url http://www.iiste.org/Journals/index.php/JEDS/article/viewFile/16157/16477
http://hdl.handle.net/11408/1585
work_keys_str_mv AT mandishekwarobson causalitybetweeneconomicgrowthandinvestmentinzimbabwe