The Impact of Public Domestic Borrowing on Private Sector Investments in Kenya
Journal Article
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| Format: | Article |
| Language: | English |
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Lapai Journal of Economics
2024
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| Online Access: | https://repository.daystar.ac.ke/handle/123456789/4436 |
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| author | Kithandi, Charles Katua |
| author_facet | Kithandi, Charles Katua |
| author_sort | Kithandi, Charles Katua |
| collection | DSpace |
| description | Journal Article |
| format | Article |
| id | oai:repository.daystar.ac.ke:123456789-4436 |
| institution | Daystar University |
| language | English |
| publishDate | 2024 |
| publisher | Lapai Journal of Economics |
| record_format | dspace |
| spelling | oai:repository.daystar.ac.ke:123456789-44362024-05-03T13:30:34Z The Impact of Public Domestic Borrowing on Private Sector Investments in Kenya Kithandi, Charles Katua Public debt Domestic debt Public domestic debt Private investment Journal Article In recent there has been rapid increase in uptake of domestic debt by the government of Kenya. The purpose of this study was to establish the Impact of Public Domestic Debt on Private Investments in Kenya. The independent variable was public domestic debt while the dependent variable was private investment. Secondary data on Public domestic debt data and private investment was collected from Central Bank of Kenya. The secondary data was for the periods 1999 to 2021. Private investment was operationalised using Gross fixed capital formation (GFCF) and the study applied Autoregressive distributed lag (ARDL) econometric model. The study found out that the long-term analysis indicated sustained public domestic borrowing had a negative influence on GFCF, revealing a crowding-out effect. This implied that over time, persistent government debt led to reduced private sector investment. Daystar University 2024-05-03T13:29:37Z 2024-05-03T13:29:37Z 2023 Article Kithandi, C. K. (2023): The Impact of Public Domestic Borrowing on Private Sector Investments in Kenya.: Lapai Journal of Economics. Article Link https://dx.doi.org/10.4314/lje.v7i2.4 659-028X (print) 2659-0271(online) https://repository.daystar.ac.ke/handle/123456789/4436 en Volume 7, No.2 application/pdf Lapai Journal of Economics |
| spellingShingle | Public debt Domestic debt Public domestic debt Private investment Kithandi, Charles Katua The Impact of Public Domestic Borrowing on Private Sector Investments in Kenya |
| title | The Impact of Public Domestic Borrowing on Private Sector Investments in Kenya |
| title_full | The Impact of Public Domestic Borrowing on Private Sector Investments in Kenya |
| title_fullStr | The Impact of Public Domestic Borrowing on Private Sector Investments in Kenya |
| title_full_unstemmed | The Impact of Public Domestic Borrowing on Private Sector Investments in Kenya |
| title_short | The Impact of Public Domestic Borrowing on Private Sector Investments in Kenya |
| title_sort | impact of public domestic borrowing on private sector investments in kenya |
| topic | Public debt Domestic debt Public domestic debt Private investment |
| url | https://repository.daystar.ac.ke/handle/123456789/4436 |
| work_keys_str_mv | AT kithandicharleskatua theimpactofpublicdomesticborrowingonprivatesectorinvestmentsinkenya AT kithandicharleskatua impactofpublicdomesticborrowingonprivatesectorinvestmentsinkenya |
Public debts nuts, bolts and worries /