Determinants of Sustainable Development in Kenya

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dc.contributor.authorKaimuri, Belinda
dc.contributor.authorKosimbei, George
dc.date.accessioned2022-10-18T09:55:10Z
dc.date.available2022-10-18T09:55:10Z
dc.date.issued2017
dc.descriptionA Research Article in the Journal of Economics and Sustainable Developmenten_US
dc.description.abstractThis study investigated the determinants of sustainable development in Kenya using annual data for Kenya for the period of 1991 to 2014. Adjusted net savings rate (ANSR) was used as a proxy sustainable development. The study used the autoregressive distributed lag model (ARDL) for the analysis and the bounds test for cointegration to test whether a long run relationship exists between the study variables - household consumption per capita, unemployment rate, resource productivity, energy efficiency, real gross domestic product per capita and terms of trade. The main result from the study was that a long run relationship exists between the variables. Secondly, the estimated coefficients of household consumption per capita negatively impacts sustainable development in the long run while unemployment rate and energy efficiency both negatively influence sustainable development in the short run. Resource productivity, real gross domestic product per capita and terms of trade are insignificant in determining sustainable development. The results suggest that developing the economy while stimulating savings and promoting a contractionary fiscal policy on public deficits will promote sustainable development.en_US
dc.identifier.citationKaimuri, B., & Kosimbei, G. (2017). Determinants of sustainable development in Kenya. Journal of economics and sustainable development, 8(24), 17-36.en_US
dc.identifier.issn2222-1700
dc.identifier.issn2222-2855
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/24343
dc.language.isoenen_US
dc.publisherIISTEen_US
dc.subjectSustainable developmenten_US
dc.subjectAdjustable net savings rateen_US
dc.subjectARDLen_US
dc.titleDeterminants of Sustainable Development in Kenyaen_US
dc.typeArticleen_US
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