Dagume, M. A.Munzhelele, T.Rhangani, Avhasei Shiela2021-12-102021-12-102021-10Rhangani, A. S. (2021) Determinants of private investment and its effects on economic growth in South Africa 1982-2019. University of Venda, South Africa.<http://hdl.handle.net/11602/1802>.http://hdl.handle.net/11602/1802MCom (Economics)Department of EconomicsPrivate investment stimulates growth in any economy, and increasing it is one of the prerequisites for achieving a sustainable economic growth, hence, private investment is another source of employment, in addition to positively contributing to national economic output. Countries which can accumulate high levels of investment achieve faster rates of economic growth and development. Motivated by concerns on the persistent decline in private investment, the purpose of this study is to investigate effects of private investment on economic growth in South Africa using time series data for the period 1982 - 2019. A total of 37 observation of economic growth, inflation rate, public investment, credit to private sector, real exchange rate, Human capital, Labour force, Private investment and interest rate were be used in this study. Multiple regression and co-integration methods were employed to analyse the data. To avoid spurious regression results on time series data, the first step was to test for the stationarity of the data by using Augmented Dickey- Fuller. The study used Johansen co-integration technique to establish if the nonstationary variables are co-integrated. The study concludes that private and public investment are positively correlated with economic growth in the short and long run in South Africa. The study informs policymakers and stakeholders, including the government, municipal authorities and employers in the private and public sectors in relation to formulation of possible policy intervention to help stimulate and sustain private investment and therefore economic growth.1 online resource (xi, 93 leaves)enUniversity of VendaDeterminantsUCTDPrivate investmentPublic investmentCointegrationEconomic growthDissertationRhangani AS. Determinants of private investment and its effects on economic growth in South Africa 1982-2019. []. , 2021 [cited yyyy month dd]. Available from: http://hdl.handle.net/11602/1802Rhangani, A. S. (2021). <i>Determinants of private investment and its effects on economic growth in South Africa 1982-2019</i>. (). . Retrieved from http://hdl.handle.net/11602/1802Rhangani, Avhasei Shiela. <i>"Determinants of private investment and its effects on economic growth in South Africa 1982-2019."</i> ., , 2021. http://hdl.handle.net/11602/1802TY - Dissertation AU - Rhangani, Avhasei Shiela AB - Private investment stimulates growth in any economy, and increasing it is one of the prerequisites for achieving a sustainable economic growth, hence, private investment is another source of employment, in addition to positively contributing to national economic output. Countries which can accumulate high levels of investment achieve faster rates of economic growth and development. Motivated by concerns on the persistent decline in private investment, the purpose of this study is to investigate effects of private investment on economic growth in South Africa using time series data for the period 1982 - 2019. A total of 37 observation of economic growth, inflation rate, public investment, credit to private sector, real exchange rate, Human capital, Labour force, Private investment and interest rate were be used in this study. Multiple regression and co-integration methods were employed to analyse the data. To avoid spurious regression results on time series data, the first step was to test for the stationarity of the data by using Augmented Dickey- Fuller. The study used Johansen co-integration technique to establish if the nonstationary variables are co-integrated. The study concludes that private and public investment are positively correlated with economic growth in the short and long run in South Africa. The study informs policymakers and stakeholders, including the government, municipal authorities and employers in the private and public sectors in relation to formulation of possible policy intervention to help stimulate and sustain private investment and therefore economic growth. DA - 2021-10 DB - ResearchSpace DP - Univen KW - Determinants KW - Private investment KW - Public investment KW - Cointegration KW - Economic growth LK - https://univendspace.univen.ac.za PY - 2021 T1 - Determinants of private investment and its effects on economic growth in South Africa 1982-2019 TI - Determinants of private investment and its effects on economic growth in South Africa 1982-2019 UR - http://hdl.handle.net/11602/1802 ER -