VAR Analysis of Economic Growth, Domestic Investment, Foreign Direct Investment, Domestic Savings and Trade in Rwanda

Ocaya, Bruno; Kaberuka, William; Ruranga, Charles

doi:10.15580/gjea.2014.2.062614283

Cited by 7 publications

(4 citation statements)

References 11 publications

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“…A higher savings rate has been considered to be a major determinant of economic growth and development. Ruranga, Ocaya, and Kaberuka (2014) found that for the case of Rwanda "there is unidirectional causality from domestic savings to real gross domestic product". Relationship between savings and growth is not only direct but also may be looked at indirectly through other economic indicators, for instance investment.…”

Section: Introductionmentioning

confidence: 99%

The Determinants of Households Having Savings Accounts in Rwanda

Ruranga¹,

Hacker²

2020

rjsshb

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This paper analyses the determinants of Rwandan households having savings accounts using Integrated Household Living Conditions Survey (IHLCS) data of 2010/11. After a background discussion and literature review an empirical analysis is presented with different variables adopted and analysed as determinants of household’s head having savings accounts. Poverty level, age, gender, residential area and level education of household head (literate or not) were considered as independent variables of the study. Findings from the estimations of logit models indicate the likelihood of a household having a savings account is positively and significantly related to each of the following: non-poor status of the household,the household residing in an urban area, the household head being male, and the household head being literate. Having the household head be literate tends to be more important for younger household heads and for non-poor households. The proportion of households having money in a savings account more than doubled over the decade between the IHLCS 2000/2001 survey and the IHLCS 2010/2011 survey. Government policies on savings and poverty reduction may explain the trend of increased cash balances in saving accounts. Key Words: Savings, Bank Accounts, Households, Determinants,

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Section: Introductionmentioning

confidence: 99%

The Determinants of Households Having Savings Accounts in Rwanda

Ruranga¹,

Hacker²

2020

rjsshb

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“…Other studies find opposite results, showing that FDI tends to have nonsignificant (or even negative) effects on economic growth in host countries [40][41][42][43][44][45], implying that FDI has negative effects on economic development or that the relationship between FDI and economic growth is positive but the effects are weak.…”

Section: Literature Reviewmentioning

confidence: 96%

Impact of Foreign Direct Investment on Economic Growth — Case Study of the SEE Countries

Shkodra,

Ahmeti,

Krasniqi

2024

IJSDP

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The main focus of this study is on foreign direct investment (FDI), which (through its direct and indirect contributions) can serve as the main driver of economic development for countries in general. The study examines countries in Southeastern Europe (SEE) -Kosovo, Albania, Montenegro, Serbia, Northern Macedonia and Bosnia and Herzegovina for the period 2005-2020 for the dependent variable, i.e., GDP, and for the independent variables: Goods and Services, Wages, Social Transfers, Subsidies, Investment Expenditures, and FDI. The techniques used to analyse the data include the descriptive method, the regression model, the DW test and (for multicollinearity between variables) the VIF test. In general, the study finds a positive and significant relationship between economic growth and FDI flows in some countries, but not in Kosovo and Bosnia and Herzegovina. Based on the results studied, more appropriate FDI policies are suggested. It is suggested that policy makers in these countries not only respond to protect the deterioration of GDP, but also support the infrastructure for doing business.

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“…Economic growth is fundamental to the development of every society in the world. Foreign direct investment (FDI), in addition to other factors such as exports, exchange rate, domestic savings, and trade, contributes to economic growth and development [3].…”

Section: Introductionmentioning

confidence: 99%

Impact of Gulf Cooperation Countries’ Foreign Direct Investment on Sudan’s Agricultural Exports

et al. 2022

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Agricultural foreign direct investment (AFDI) contributes to the long-term growth of developing countries. Sudan has rich agricultural resources with great potential for AFDI. However, so far, Sudan has not exploited this potential to attract investors from other countries, having less of a competitive advantage in agricultural production owing to local and international problems. In this study, we examined the effects of foreign investments of Gulf Cooperation Council (GCC) countries on agricultural exports in Sudan, in addition to other economic factors during 1990–2016 using the two-stage least squares (2SLS) model. The results showed that the investments of GCC countries in Sudan’s agricultural sector boosted agricultural exports. The exchange rate was found to be a key determinant factor of GCC countries deciding to invest in Sudan. We recommend that the Central Bank of Sudan encourage policies to stabilize the exchange rate to attract more agricultural investment from GCC countries.

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VAR Analysis of Economic Growth, Domestic Investment, Foreign Direct Investment, Domestic Savings and Trade in Rwanda

Cited by 7 publications

References 11 publications

The Determinants of Households Having Savings Accounts in Rwanda

The Determinants of Households Having Savings Accounts in Rwanda

Impact of Foreign Direct Investment on Economic Growth — Case Study of the SEE Countries

Impact of Gulf Cooperation Countries’ Foreign Direct Investment on Sudan’s Agricultural Exports

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