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|Title: ||EXTERNAL DEBT AND ECONOMIC GROWTH IN ETHIOPIA|
|Authors: ||JONSE, GEDEFA|
|Advisors: ||Dr. GebreHiyet Ageba|
|Copyright: ||2002 |
|Date Added: ||9-May-2008 |
|Publisher: ||Addis Ababa University|
|Abstract: ||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.|
|Description: ||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|
|Appears in:||Thesis - Economics|
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