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Title EXTERNAL DEBT AND ECONOMIC GROWTH IN ETHIOPIA
Full text http://etd.aau.edu.et/dspace/handle/123456789/1016
Date 2002
Author(s) JONSE, GEDEFA
Contributor(s) Dr. GebreHiyet Ageba
Abstract A THESIS SUBMITTED TO THE SCHOOL OF GRADUATE STUDIES OF THE ADDIS ABABA UNIVERSITY IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTERS OF SCIENCE IN ECONOMIC POLICY ANALYSIS - This study uses a simultaneous equation approach to investigate the impact of external debt on economic growth in Ethiopia using a macroeconometric model estimated for 1970-2000. The empirical findings reveal that external debt does not affect growth directly. The results indicate that external debt affects investment positively and is statistically significantly indicating external debt in Ethiopian case encourage investment rather than depress it. Furthermore, the result also confirms that there is no sign of crowding out effect through which external debt is hypothesized to affect growth.
Language en
Publisher Addis Ababa University
Type of publication Thesis
Repository Addis Ababa - University of Addis Ababa
Added to C-A: 2010-03-15;15:03:57