Moderating Effect of Political Instability on ICT and Economic Growth Nexus in Kenya: ARDL Bound - Co-Integration Approach

نویسندگان

چکیده

The government has attempted to target specific macroeconomic factors in order stimulate economic growth Kenya through monetary and fiscal policies. Despite these efforts, Kenya's GDP is hampered by high interest rates rate volatility. ability address instability hinges on its increase growth. Auxiliary evidence shows that perspectives the relationship between ICT are segmented. goal of this study was determine impact Kenya, as well moderating effect political relationship. research based Solow's theory An explanatory design used, with data spanning from 1990-2020 obtained Bureau Statistics. In empirical analysis, used bound test for a long-run Autoregressive Distributed Lag model (ARDL) evaluate variables. subjected an Augmented Dickey Fuller (ADF) stationarity.The long run ARDL results indicated coefficients of; were insignificant . However introduction moderator significant positively affected Political moderated ( As result, promoting effective governance should help improve stability. findings will figure out how problem low According study, invest sector accessibility affordability. Additionally, work stability good gradually establishing institutions uphold rule law provide security.

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ژورنال

عنوان ژورنال: Journal of economics, finance and management studies

سال: 2021

ISSN: ['2644-0490', '2644-0504']

DOI: https://doi.org/10.47191/jefms/v4-i10-08