Ascertaining the Determinants of Private Investment in Ethiopia (1980-2017): Evidence from ARDL Approach

نویسندگان

چکیده

The study aimed to ascertain the major determinants of private investment in country over period 1980-2017. ARDL approach was adopted and it revealed that investment, real gross domestic product, public effective exchange rate, inflation rate credit sector are co-integrated. Real GDP had direct effect on long-run short-run; while negative impact. In short-run, positive investment. overall implication is main country. Keywords: ARDL, Ethiopia, Private DOI: 10.7176/RJFA/13-9-04 Publication date: May 31 st 2022

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ژورنال

عنوان ژورنال: Research Journal of Finance and Accounting

سال: 2022

ISSN: ['2222-1697', '2222-2847']

DOI: https://doi.org/10.7176/rjfa/13-9-04