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Import demand elasticities and stability during trade liberalization: a case study of Kenya
(1993)
This paper utilizes an error correction model to estimate demand elasticities for aggregate imports and components in Kenya over 1964-91. The results show the short-run relative price and real income aggregate import demand ...
Real interest rates and the mobilization of private savings in Africa: a case study of Kenya
(African Economic Research Consortium (AERC), 1990)
"The objective of this paper is to test the hypothesis that real interest rates have a significant positive impact on financial and non financial saving in Kenya, which in turn support a higher level of investment. This ...