A Causal Analysis of the Relationship Among Exports, Human Development and Economic Growth in Kenya: Multivariate Time Series Approach
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Date
2016-11Author
Mbithi, Daniel N
Type
ThesisLanguage
enMetadata
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This study examined the causality relationship among the human development, exports of goods and services and economic growth. The study, among others, analyzed the validity of export-led growth hypothesis and human capital endogenous growth hypothesis. Employing VECM and block exogeneity Wald test over 1980-2015 period, human development granger caused economic growth and economic growth granger caused exports at 5% and 10% significance level. There was unidirectional causality effects from human development to economic growth. However, exports granger caused economic growth at 5% and economic growth granger cause exports at only 10% significance level. Hence, there was support of bi-directional causality between exports and economic growth only at 10% significance level.
Publisher
University of Nairobi
Rights
Attribution-NonCommercial-NoDerivs 3.0 United StatesUsage Rights
http://creativecommons.org/licenses/by-nc-nd/3.0/us/Collections
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