Can investment activities in the form of capital formation influence economic growth in South Africa?

dc.contributor.author	Ncanywa, T.
dc.contributor.author	Makhenyane, L.
dc.date.accessioned	2017-02-07T10:22:14Z
dc.date.available	2017-02-07T10:22:14Z
dc.date.issued	2016
dc.identifier.uri	http://hdl.handle.net/10386/1653
dc.description	Article	en_US
dc.description.abstract	The study examined the impact of investment activities as measured by gross fixed capital formation (GFCF) on economic growth of South Africa for the period from 1960 to 2014. The Johansen co-integration and the vector error correction model (VECM) were used to examine the impact. Results revealed that gross fixed capital formation has a positive relationship with economic growth both in the short and the long run. There is also bidirectional causality between the gross capital formation and economic growth. It is recommended that investment activities can be a tool both in the long and short run to boost the economy, and ultimately improve the citizen's livelihood.	en_US
dc.format.extent	10 pages	en_US
dc.language.iso	en	en_US
dc.publisher	SAAPAM (South African Association of Public Administration and Management)	en_US
dc.relation.requires	Adobe Acrobat Reader	en_US
dc.subject	Gross fixed capital formation	en_US
dc.subject	Investment activities	en_US
dc.subject.lcsh	Economic development -- South Africa	en_US
dc.subject.lcsh	Investments	en_US
dc.subject.lcsh	Saving and investment	en_US
dc.title	Can investment activities in the form of capital formation influence economic growth in South Africa?	en_US
dc.type	Article	en_US

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